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Lightspeed Faction

Venture capital

Menlo Park · 2 people tracked

Also known as Lightspeed Faction US

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Fund manager profile

Lightspeed Faction is a venture fund manager based in Menlo Park. SEC filings show 2 venture funds on record, most recently Lightspeed Faction Fund I, LP filed July 2022.

Source: SEC EDGAR Form D filings. Firm website data not yet available.

HQ
Menlo Park, US
Founded
2022
Last 12 months
5 investments
Tracked investments
19

Team · 2 people

from public directories
Banafsheh Fathieh· General Partner
Samuel Harrison· General Partner

What they invest in

from 17 of 19 portfolio companies

Crypto & Web3 ×8AI & Machine Learning ×7Fintech ×7Data & Infrastructure ×5Cybersecurity ×4Developer Tools ×4Enterprise Software ×4Climate Tech ×2

HQs:United States×5France×1

Investments · 19 tracked

founders shown can be your intro path

By year:2026 · 42025 · 42024 · 412 dated

LO Techlo.techin𝕏✓ verified

LO:TECH is a trading business providing institutional-grade liquidity, execution, and market data services across centralized and decentralized (DeFi) venues.

Crypto & Web3Data & InfrastructureFintech

Co-investorsBlockchain Coinvestors13books CapitalFaction

WeatherXM Community-powered DePIN weather networkweatherxm.comin𝕏May 2024 · $7.7M✓ verified

WeatherXM operates a community-powered decentralized (DePIN) weather network where owners deploy solar-powered weather stations and earn $WXM token rewards for contributing data.

Climate TechCrypto & Web3IoT

Stratos Theodorou(Founder)in

Co-investorsPlaceholder VCBorderless VentureConsenSys MeshdlabFactiongrowX Ventures+6 more

Blockskyeblockskye.cominJul 2025 · $15.8M

Blockskye operates a platform that connects corporations directly with travel suppliers, eliminating intermediaries and creating a unified system for bookings, payments, and data management.

B2B MarketplacesEnterprise SoftwareFintechSaaSTravel & HospitalityBoston, US

Michael Share(Co-CEO, Co-Founder)inBrook Armstrong(Co-CEO, Co-Founder)in

Co-investorsFactionLasagna

Credit Coopcreditcoop.xyzAug 2025 · $4.5M

Onchain structured finance protocol that turns business cash flows into programmable collateral for secured lines of credit.

Thomas Hepner(Founder)in

Co-investorsCoinbase VenturesdlabFactionMaven 11Signature VenturesTRGC+2 more

Factionfaction.usin𝕏Jul 2026 · $6.8MDefunct

Faction develops a hybrid autonomous vehicle platform called DriveLink that combines autonomy with remote human assistance (TeleAssist) for driverless fleet operations.

Advanced ManufacturingAI & Machine LearningLogistics & Supply ChainMobility & TransportationRoboticsSan Francisco, US

Ain McKendrick(Founder)in

Co-investorsFifty YearsKube VCY CombinatorFactionTDK Ventures

Glacisglacislabs.comin𝕏

Glacis Labs builds Zero Delta, a settlement network that matches institutional order flow to execute large digital asset trades and cross-border remittances with zero slippage and no prefunded float.

Crypto & Web3Enterprise SoftwareFintech

Cofounder (JPMorgan, Spruce)(Cofounder)Technical Cofounder(Technical Cofounder)

Co-investorsArrington CapitalEdessa CapitalPaper VenturesProtagonistArrington XRP Capital

Glacisglacis.comin𝕏

Glacis builds software for supply chain coordination that integrates with existing workflows and systems without requiring suppliers or partners to change their processes.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaS

Co-investorsProtagonistArrington CapitalPaper Ventures

Glacisglacis.ioinJul 2026 · $6.8M

Glacis provides runtime security controls and signed operational records for AI agent workflows that access tools, credentials, and customer data, enabling fast-growing AI companies to demonstrate compliance with enterprise security requirements.

AI & Machine LearningCybersecurityEnterprise SoftwareGovTech

Joe Braidwood(Co-Founder & CEO)inRohit Tatachar(Co-Founder & CTO)inJennifer Shannon(Co-Founder & Chief Medical Officer)in

Co-investorsAllen Institute for AI (AI2) IncubatorArrington CapitalCoinbase VenturesFranklin TempletonPaper VenturesProtein Capital Management

Hyperbolichyperbolic.xyzin𝕏

Hyperbolic operates an AI cloud platform that provides developers and researchers with affordable, on-demand access to GPU compute and AI models, in part by tapping underutilized consumer-grade hardware.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper Tools

Jasper Zhang(CEO & Co-Founder)inYuchen Jin(CTO & Co-Founder)in

Co-investorsAmbush CapitalBig Brain HoldingsFactionGSRLongHash VenturesSamsung Next+4 more

Hyperbolichyperbolic.aiin𝕏Dec 2024 · $12M

Hyperbolic operates an AI cloud platform that provides developers and researchers with affordable access to GPU compute and open-source AI models by tapping underutilized hardware.

AI & Machine LearningCloud ComputingData & Infrastructure

Jasper Zhang(CEO & Co-Founder)inYuchen Jin(CTO & Co-Founder)in

Co-investorsChapter OneShumo ChuAlumni VenturesBankless VenturesGSRPolychain Capital

KSVksvagency.comin𝕏Jul 2025 · $15.8M

KSV is an advertising and marketing agency specializing in strategy, content creation, and media connections for organizations focused on sustainability and environmental impact.

Climate TechImpact & Social GoodMarketing Tech

Erin Fagnant(Chief Executive Officer, Partner)inTucker Wright(Chief Strategy Officer, Partner)inRachel Gage(Chief Operations Officer, Partner)in

Co-investorsVermont Center for Emerging Technologies (VCET)Lasagna

Latitudelatitude.euin𝕏

Latitude develops launch vehicle technology to provide access to orbit, positioning itself in the European spaceflight industry.

Deep TechHardwareSpace TechReims, FR

Co-investorsExpansion VenturesBitsoCoinbase VenturesNew Enterprise Associates (NEA)PaxosSolana Foundation

Meldmeld.ioin𝕏Jan 2026 · $7M

Meld operates a network for onboarding users to stablecoins and digital assets, offering onramp/offramp orchestration, multi-chain token support, and KYC/bank-linking tools accessible via API.

Crypto & Web3Developer ToolsFintechSan Francisco, US

Pankaj Bengani(Founder)in

Co-investorsCoatue ManagementFactionK9 VenturesYolo Investments

Puffer Financepuffer.fi𝕏Apr 2024 · $18M

Puffer Finance is an Ethereum-native liquid restaking protocol where users stake ETH to receive pufETH and earn staking plus EigenLayer restaking rewards.

Crypto & Web3Fintech

Jason Vranek(Co-Founder & CTO, Puffer Labs)inAmir Forouzani(Founder)in

Co-investorsElectric CapitalBinance LabsBreedCoinbase VenturesFactionLBANK Labs+11 more

Rena Labsrenalabs.xyzin𝕏

Rena Labs provides a TEE (trusted execution environment) data exchange for confidential AI training and inference on proprietary data, with encryption, on-chain logging, and compliance features.

AI & Machine LearningCrypto & Web3Cybersecurity

Co-investorsEterna CapitalFactionPaper VenturesMapleblock Capital

Taiko Labstaiko.xyzin𝕏

Taiko is an open, community-driven project focused on scaling Ethereum.

Crypto & Web3Developer Tools

Daniel Wang(Founder)in

Co-investorsBollinger Investment GroupFactionGenerative VenturesIOSG VenturesMapleblock CapitalSancus Ventures+7 more

TransCryptstranscrypts.comin𝕏Oct 2025 · $15M

TransCrypts is a blockchain-based platform for verifying and sharing employment, health and educational credentials.

CybersecurityData & InfrastructureFintechNewark, US

Zain Zaidi(Founder)inZain Z(Founder)

Co-investorsAlpha EdisonAlumni VenturesAtland VenturesBeyond CapitalFactionInformed Ventures Advisors, Llc+7 more

Turnkeyturnkey.comin𝕏May 2026 · $12.5M

Turnkey provides operational wallet infrastructure that lets companies coordinate crypto payments across internal custodial wallets with role-based policies, transaction limits, approval rules, and gas sponsorship.

AI & Machine LearningCrypto & Web3CybersecurityData & InfrastructureDeveloper ToolsFintech

Bryce Ferguson(Founder & CEO)in

Co-investorsArchetypeBain Capital CryptoFactionFigmentMirana VenturesPathlight Ventures+6 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

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Portfolio news

latest coverage across their companies

Frequently asked questions

Where is Lightspeed Faction located?
Lightspeed Faction is headquartered in Menlo Park, US.

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