Fundraising Fox

L2 Iterative Ventures (L2IV)

Venture capital

San Francisco Β· Seed Β· 7 people tracked

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Investment thesis

L2IV invests in the frontier of Web3 and blockchain innovation, with particular expertise in zero-knowledge proof systems and multi-dimensional Web3 infrastructure. As the specialized arm of L2 Capital Management, the firm positions itself as a hands-on, technically-savvy partner rather than a passive capital provider, aiming to support founders from early ideas through global scale. It combines world-class investors, crypto-native technologists, and entrepreneurs, and maintains a presence spanning East and West to help portfolio companies achieve global reach in building a decentralized future.

Source: firm website, verified Aug 3, 2026.

Stage
Seed
HQ
San Francisco, US
Instruments
Equity
Tracked investments
31

Team Β· 7 people

from the firm's website
Sunga Sophie KimΒ· Partner

What they invest in

from 1 of 31 portfolio companies

Crypto & Web3 Γ—1

HQs:United StatesΓ—1

Investments Β· 31 tracked

founders shown can be your intro path
Aligned Layer
Aori
Arcium
Babylonbabylonlabs.ioin𝕏

Babylon Labs develops trustless infrastructure that enables Bitcoin to be used as collateral in decentralized finance and through a Bitcoin staking protocol for blockchain validation.

Crypto & Web3

EigenCloudeigencloud.xyz𝕏
Epoch Protocol
Fastlane
Fiamma
GAIB
Inverter
LEVR
Linera
Liquorice
Lorenzo
Luban
Monad

Fast finality based roll-ups, powered by validator attestation networks.

Nubitnubit.org
OneBalanceonebalance.ioin𝕏

Daniel Worsley(Chief Operating Officer)

Ormi
Polyhedra
Renzo
RISC Zerorisczero.com𝕏

Seattle, US

Frank Laub(Executive Officer, Director)Brian Retford(Executive Officer, Director)Jeremy Bruestle(Executive Officer, Director)

Rome
Spire
Taiko

Decentralized Ethereum-equivalent ZK-rollup aiming to scale Ethereum while maintaining security and decentralization

Tradoor
Turtle.Club Monetization layer
Votre
Yala
zkPass

Frequently asked questions

What stage does L2 Iterative Ventures (L2IV) invest at?
L2 Iterative Ventures (L2IV) invests at the Seed stage.
What sectors does L2 Iterative Ventures (L2IV) focus on?
L2 Iterative Ventures (L2IV) focuses on AI & Machine Learning, Crypto & Web3, Data & Infrastructure.
Where is L2 Iterative Ventures (L2IV) located?
L2 Iterative Ventures (L2IV) is headquartered in San Francisco, US.

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