L2 Iterative Ventures

L2 Iterative Ventures

San Francisco, Californial2iterative.com

Overview

L2 Iterative Ventures is the Web3 investment arm of L2 Capital Management, focusing on early-stage infrastructure projects for the modular, multi-chain blockchain future, with a particular emphasis on zero-knowledge proof systems.

Portfolio Companies

18

Investments

CompanyDateStageLead
Möbius ExchangeJun 2026StrategicCo-investor
Möbius ExchangeJun 2026StrategicCo-investor
mobiusJun 2026StrategicCo-investor
OneBalanceJun 2025Series ACo-investor
IrreducibleJan 2025Series ACo-investor

Key People

Dennis J.H. Won

Founder Technical Partner

Kevin Lee

Co-Founder Managing Partner

Kony GAIB

Venture Partner

Sunga Sophie Kim

Partner

Weikeng Chen

Research Partner

Miki MAK

Investment Principal

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersSan Francisco, California
Year FoundedN/A

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