Primitive Ventures
San Francisco, Californiaprimitive.xyz
Overview
Primitive Ventures is a multi-strategy, crypto-native investment firm founded in 2018 by Dovey Wan. The firm operates as an evergreen fund, investing its own team's capital without relying on outside LPs. It focuses on long-term investments in the blockchain, Web3, cryptocurrency, and FinTech sectors, supporting projects that redefine individual sovereignty and macroeconomic paradigms. Primitive Ventures is known for its thesis of "Long substance, short status" and its support for credible anonymous founders. Its portfolio includes early investments in projects like Zcash, Cosmos, Starkware, Optimism, Nansen, and GMX.
Portfolio Companies
7
Website
primitive.xyzInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Sapien | Oct 2024 | Seed | Co-investor |
| Drift Protocol | Sep 2024 | Series B | Co-investor |
| Sapien | Apr 2024 | Seed | Lead |
| Mezo | Apr 2024 | Series A | Co-investor |
| Nubit | Mar 2024 | Pre Seed | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
