L2 Iterative Ventures

l2iterative.com

Overview

𝕏 Statistics

Details

L2 Iterative Ventures (“L2IV”) is a full life-cycle web3 investment firm focusing on infrastructure projects towards the modular, multi-chain blockchain future. L2 Iterative Ventures is the web3 arm of L2 Capital Management.

Category:

Crypto-Native Fund

Location: --

Team

Dennis J.H. Won

Founder

Kevin Lee

Co-Founder & Managing Partner

Kony Kwong

Venture Partner

Weikeng Chen

Research Partner

Investment Map

Investment Size

Investments

Arcium

Parallelized confidential computing network

Babylon

Bitcoin Staking Protocol

EigenLayer

The Ethereum Restaking Collective

Sui

Layer 1 blockchain

Aligned

ZK verification layer

zkPass

Private data oracle protocol

Renzo Protocol

Restaking Protocol based on EigenLayer

Nubit

Bitcoin boosting network

PolyHedra

Infrastructure for Web3 Interoperability

Eclipse

Customizable, modular rollups

Taiko

Decentralized, Ethereum-equivalent ZK-Rollup

Irreducible

Enterprise Grade Zero-Knowledge Proof Acceleration Platform

GAIB

The Economic Layer of AI Computing Power

Yala

Bitcoin Lending Protocol

Rome Protocol

Shared sequencer network leveraging Solana.

Linera

Layer1 blockchain

RISC Zero

Next generation scalable blockchain

OneBalance

Bringing Credible Accounts to Web3

Turtle Club

Phantom Liquidity Protocol

FastLane

Hybrid MEV protocol

Fiamma

ZKP Verification Network

Liquorice

Intent Trading Liquidity Protocol

ZKEX

Multi-chain DEX secured by zero-knowledge proofs

Lumino

Decentralized compute protocol

aori

The Orderbook Protocol

LEVR.bet

Decentralized Leveraged Sports Betting

Neutronpay

Lightning Network Payment Provider

Collar Protocol

Liquidation-free borrowing solution

Primev

Blockbuilder communication network

Cedro Finance

Cross-chain lending platform

DeZy

Secure access to decentralised finance

AcadArena

All-in-one campus gaming platform for Southeast Asia

Name	Round	Amount	Valuation	Date
OneBalance	Series A	$ 20 M	--	Jun 11
Turtle Club	Seed	$ 6.2 M	--	May 11
Irreducible	Series A	$ 24 M	--	Jan 29

Investment Overview

Rounds in the past year

10

Total rounds

21

Portfolio Numbers

32

Lead Investment

1

L2 Iterative Ventures (L2IV)

@l2iterative

Influence Index 156

Followers 2 K

Following 751

Top Followers

+50

Cooperations

Symbolic Capital

4 Rounds

MH Ventures

4 Rounds

Polychain

3 Rounds

dao5

3 Rounds

Hack VC

3 Rounds

Fenbushi Capital

3 Rounds