Lightspeed Venture Partners (LVP) is a prominent venture capital firm based in the US, deploying a broad multi-stage investment approach with the key interest in technical solutions across the enterprise, health, consumer, gaming and blockchain sectors.
Throughout history, the Lightspeed Venture Partners’ global team has made more than 400 investments and currently manages up to $18B across the Lightspeed platform. The fund has an impressive portfolio of projects from the US, Europe, China, India, Israel, and Southeast Asia.
Lightspeed Overview
Lightspeed - About
Lightspeed Venture Partners is a venture capital firm based in California, driven by a team of financially experienced challengers with an international presence on different continents where Lightspeed supports companies at various phases of growth, ranging from seed to growth stages.
According to Lightspeed Venture Partners: “Our mission is to serve the world’s most extraordinary people who are building tomorrow’s companies today.”
The fund is considered to be a proactive supporter. It empowers its portfolio companies with its extended expertise in various fields and is tightly involved in the interaction with the founders and CEOs, creating various forums and programs to multiply the proficiency of their teams. In this way, the Lightspeed Venture Partners strengthens the portfolio teams’ competencies in marketing, growth strategy, boosting product development, and market fit. And this completely aligns with the fund’s thesis: “Complete immersion is the heart of our philosophy on investing and what separates us from speculators and opportunists. Creating together instead of funding from afar. Forging enduring companies with the power of one global team.”
The fund has a significant separate division that is dedicated entirely to investing in the growth of the gaming industry across key segments of the world's top online games. Lightspeed Venture has in its portfolio such famous gaming companies as Epic Games, Kongregate, and Tripledot Studios.
Additionally, Lightspeed Venture Partners manages a dedicated subsidiary VC fund called Faction, which specifically focuses on disruptive blockchain-based projects in their early development phases.
Some of the bright members of Lightspeed`s portfolio are such crypto stars as: Layer Zero, ChaosLabs, zkSync, Sui, Blockchain.com, Yuga Labs, Alchemy, FTX, and Arbitrum. Also, a few non-blockchain examples are Intel, Epic Games, Cisco, and Broadcom.
Here is the current balance of interests in the portfolio.
Total number of investments: 69
- Blockchain Service: 32.1%
- DeFi: 18.9%
- CeFi: 17%
- GameFi: 11.3%
- NFT: 9.4%
- Blockchain Infrastructure: 7.5%
- Currency: 1.9%
- Social: 1.9%
Lightspeed - Industries
Lightspeed - Portfolio Performance
Lightspeed – Investment Rounds
| Project | Score | Round | Date | Round price | FDV | Status | Industry |
|---|---|---|---|---|---|---|---|
 FalconX | N/A | Private | 11 Mar, 21 | N/A | N/A | Past | |
| FalconX | N/A | Seed | 01 May, 21 | N/A | N/A | Past | |
 Ethena | 91 | Seed | 20 Jul, 23 | N/A | $10.5B | Past | |
 Puffer Finance | 91 | Seed | 09 Aug, 23 | N/A | $9.11M | Past | |
 Karak Network | 80 | Private | 14 Dec, 23 | N/A | N/A | Past |
Lightspeed – Portfolio
| Score | Project | Current Price | Chg (24h) | Retail ROI | Retail ATH ROI | Industry |
|---|---|---|---|---|---|---|
N/A | FalconX | N/A | N/A | N/A | N/A | |
91 | Ethena | $0.198 | 5.24% | N/A | N/A | |
91 | Puffer Finance | $0.0343 | 12.84% | N/A | N/A | |
80 | Karak Network | N/A | N/A | N/A | N/A | |
79 |  Taiko | $0.0733 | 2.88% | 0.0366x | 1.90x |
Lightspeed – Co-investors
| Fund | Score | Type | Project Support | Social Influence | Retail ROI | Co-investments | Total Investment |
|---|---|---|---|---|---|---|---|
 Coinbase Ventures | Very High | Exchange | High | High | 1.36x | 7 | 86 |
 Wintermute | High | Hedge | Medium | Very High | 0.252x | 6 | 23 |
 GSR | N/A | Venture | High | Medium | 0.640x | 4 | 40 |
 SamsungNext | N/A | Venture | N/A | N/A | 2.59x | 4 | 19 |
 YZi Labs (Prev. Binance Labs) | Very High | Incubation | Very High | Medium | 1.05x | 3 | 66 |
