# L1D: portfolio, investments and team

> L1D is a fund of funds based in Switzerland. 1 investment on record, 1 in the last 12 months, latest Apr 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/l1d (Millionrounds; every figure on the page links to its filing or article)

Switzerland · [Investor](https://millionrounds.com/investors)

# L1D

Last cheque observed Apr 2026; 1 cheques on record.

Email

Fund of funds Deploying now

Growth Series A Series B Crypto Blockchain

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 1 on record

Since the last cheque **189** days **00** hrs **00** min **00** sec

Median round **$18M** Rounds led **0 of 1**

Pitch L1D

## L1D highlights

- 01 1 cheques in the last 12 months

## What they do

> invest in the most promising crypto native managers and founders From their own website

- **Type:** Fund of funds
- **Cheque size:** Not stated
- **Stages:** Growth Series A Series B
- **Sectors:** Crypto Blockchain
- **Based in:** Switzerland
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **1 appearances**

- **2026** 1 round
- **Apr** **[Squads](https://millionrounds.com/company/squads)** TechStartups **$18M** With 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Growth Series A Series B

Median round joined **$18M** the round, not its cheque

Led 0 of 1 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Apr 2026

Rounds by stage said on their site

- Growth said *-*
- Series A said *-*
- Series B said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Quick answers about L1D

### What does L1D invest in?

L1D says it invests in Crypto and Blockchain.

### How active is L1D?

1 investments on record, 1 of them in the last 12 months. The most recent was in Apr 2026.

### What has L1D invested in recently?

Its most recent investments on record: Squads (Undisclosed round, Apr 2026).

### How big are L1D's cheques?

The median round it joins is $18M.

### Is L1D investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### What kind of investor is L1D?

L1D is a fund of funds based in Switzerland.

### Where does this information on L1D come from?

From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=l1d) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=l1d)