Tritemius Fund FCRE I Launches Spain’s First Regulated Web3 Venture Capital Fund

The fund focuses on early-stage startups, from Pre-Seed to pre-Series A, and invests an average of €500,000 in each company, with extra funds for future rounds.

Tritemius Fund FCRE I is the only regulated venture capital fund in Spain that focuses only on Web3. It is approved by the CNMV as a European Venture Capital Fund (FCRE).

The fund is managed by Abante, a top Spanish financial firm with over €1.5 billion in private investments.

Tritemius is the sponsor and advisor of the fund, focusing on startups with high potential in growing markets.

According to Luis Pastor, CEO and co-founder of Tritemius Capital, the fund was born out of a desire to fill a gap in blockchain investment, acting as a bridge between Europe, Latin America, and the rest of the world.

“We strongly believe in the potential of Web3 and in the need for a fund that goes beyond capital by offering strategic insight and a valuable network for founders.”

The fund focuses on Web3 entrepreneurs working in areas like decentralized finance (DeFi), blockchain infrastructure, cybersecurity, privacy, and tokenization.

The advisory team sees a big opportunity because of more support from governments and businesses for blockchain, clearer safety regulations, and the rise of decentralized apps.

Key trends in Web3 include better usability and scalability through innovations like intents, account abstraction, and zero-knowledge proofs (ZKP); growth in DeFi, DePIN, and decentralized social networks; and new cybersecurity solutions for decentralized systems and connections between traditional finance and Web3.

Choosing startups depends on two main factors: the founding team and the potential of the opportunity, including market size, competition, and business model.

“We’re looking for projects that not only show strong growth potential but also deliver real, disruptive solutions in decentralization and cybersecurity,” Pastor added.

“We want startups to feel like we speak their language — that’s vital in such a specialized sector. But at the same time, we’re deeply rooted in the regulatory and institutional landscape,” said Pastor.

About Tritemius Fund FCRE

Tritemius Fund FCRE I is a new venture capital fund, advised by Tritemius Capital, that focuses on early-stage Web3 and crypto startups. It’s the first regulated venture capital fund in Spain for this sector and aims to be a top European investor in Web3 and crypto companies helping to make blockchain more widely used.