# Web3 & Crypto investors in Germany (2026 list)

> 10 web3 & Crypto investors in Germany, 80% active in the last 12 months. Led by GSR, Dragonfly Capital Partners, Multicoin Capital. Ranked by what they funded.

Source: https://millionrounds.com/lists/web3-investors-in-germany (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Web3 & Crypto investors in Germany

Updated 7 November 2026

Firms observed backing a web3 & Crypto company in Germany in the last two years, wherever the firm is based.

[See all 10 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fweb3-investors-in-germany)The top 10

**10** investors on the list *-1* this week

**104** cheques in 12 months *-35%* against the market

**$6.8M** median round they joined *-16%* against the market median

**80%** wrote a cheque in 12 months

**70%** have led a round

## The Top 10

Ordered by cheques observed, never by anything anyone paid for

Deploying now (8)

- 1 [GSR](https://millionrounds.com/fund/gsr) *Deploying now* VC firm · United Kingdom **453** **$6M** median round **Jun 2026** last seen
- 2 [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) *Deploying now* VC firm · United States **149** **$10M** median round **Sept 2026** last seen
- 3 [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital) *Deploying now* VC firm · United States **130** **$7.5M** median round **Oct 2026** last seen
- 4 [6th Man Ventures](https://millionrounds.com/fund/6mv) *Deploying now* VC firm · United States **99** **$5.7M** median round **Nov 2026** last seen
- 5 [CoinFund](https://millionrounds.com/fund/coinfund) *Deploying now* VC firm · United States **85** **$5.8M** median round **Oct 2026** last seen
- 6 [Blackhorn Ventures](https://millionrounds.com/fund/blackhorn-ventures) *Deploying now* VC firm · United States **61** **$9.7M** median round **Oct 2026** last seen
- 7 [Stellar Development Foundation](https://millionrounds.com/fund/stellar-development-foundation) *Deploying now* Corporate VC · United States **39** **$4.3M** median round **Sept 2026** last seen
- 8 [Coinbase](https://millionrounds.com/fund/coinbase-ventures) *Deploying now* Corporate VC · United States **21** **$29M** median round **Oct 2026** last seen
- 9 [Gemini](https://millionrounds.com/fund/gemini) quiet Hedge fund · United States **2** **$26M** median round **Jun 2025** last seen
- 10 [Keyrock](https://millionrounds.com/fund/keyrock) quiet Hedge fund · United States **1** **$2M** median round **Jun 2025** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **2** Nov **[CRSHMARKET](https://millionrounds.com/company/crshmarket)** Seed · $3.5M *Led by* [6th Man Ventures](https://millionrounds.com/fund/6mv)
- **28** Oct **[Birch Hill](https://millionrounds.com/company/birch-hill)** Seed · $4M *Led by* [Multicoin Capital](https://millionrounds.com/fund/multicoin-capital)
- **28** Oct **[Circuit Mind](https://millionrounds.com/company/circuit-mind)** Series A · $19M *With* [Blackhorn Ventures](https://millionrounds.com/fund/blackhorn-ventures)
- **26** Oct **[Mochatrade](https://millionrounds.com/company/mochatrade)** Seed · $5.5M *Led by* [CoinFund](https://millionrounds.com/fund/coinfund)
- **23** Oct **[Warp Sciences](https://millionrounds.com/company/warp-sciences)** Series A · $215M *With* [Coinbase](https://millionrounds.com/fund/coinbase-ventures)
- **29** Sept **[Jeeves](https://millionrounds.com/company/jeeves)** Series C · $110M *Led by* [CoinFund](https://millionrounds.com/fund/coinfund)

## Stages This Year

98 rounds

- Series A **27%**
- Venture **26%**
- Seed **15%**
- Series B **8%**
- Other **6%**
- Other **18%**

## What They Backed

Sectors, last 12 months

- Web3 & Crypto **30**
- Fintech **18**
- AI **14**
- Construction **11**
- DeFi **6**
- Automotive & EVs **5**

## Cheques by Quarter

Led Joined

38 Q1 25

42 Q2 25

43 Q3 25

56 Q4 25

36 Q1 26

31 Q2 26

15 Q3 26

5 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in United States 3,683](https://millionrounds.com/lists/ai-investors-in-united-states)
- [Fintech investors in United States 1,166](https://millionrounds.com/lists/fintech-investors-in-united-states)
- [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom)
- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
- [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states)
- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in crypto and web3

- Number Go Up: Inside Crypto's Wild Rise and Staggering Fall Zeke Faux · 2023 4.24 from 9,425 ratings on Goodreads Crypto and web3 Company building About the book In 2021 cryptocurrency went mainstream. Giant investment funds were buying it; celebrities like Tom Brady endorsed it; and TV ads hailed it as the future of money. Hardly anyone knew how it worked, but why bother with the particulars when everyone was making a fortune from… On AmazonListen on Audible
- Mastering Ethereum: Building Smart Contracts and DApps Andreas M. Antonopoulos · 2018 4.28 from 596 ratings on Goodreads Crypto and web3 Company building About the book Ethereum represents the gateway to a worldwide, decentralized computing paradigm. This platform enables you to run decentralized applications (DApps) and smart contracts that have no central points of failure or control, integrate with a payment network, and operate on an open… On AmazonListen on Audible
- Blockchain Bubble or Revolution: The Present and Future of Blockchain and Cryptocurrencies Neel Mehta · 2019 4.30 from 1,648 ratings on Goodreads Crypto and web3 Company building About the book Some experts say that cryptocurrencies and blockchains are just a scam; others say they're "the most important invention since the internet." It's hard to tell who's right. Authored by Product Managers from Google, Microsoft, and Facebook, Bubble or Revolution cuts through the… On AmazonListen on Audible
- Read Write Own: Building the Next Era of the Internet Chris Dixon · 2024 3.93 from 2,300 ratings on Goodreads Crypto and web3 Company building About the book A potent exploration of the power of blockchains to reshape the future of the internet, and how that affects us all, from influential technology entrepreneur and startup investor Chris Dixon The internet of today is a far cry from its early promise of a decentralized,… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=crypto).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about web3 & Crypto investors in Germany

### Who are the most active web3 & Crypto investors in Germany?

By cheques observed, the most active are GSR, Dragonfly Capital Partners, Multicoin Capital, 6th Man Ventures and CoinFund.

### How many web3 & Crypto investors in Germany are there?

10 are on record. 80% made an investment in the last 12 months and 70% have led a round.

### Which stages do web3 & Crypto investors in Germany back?

Of the rounds with a named stage in the last 12 months, mostly Series A (40%) and Seed (23%).

### How big are the rounds web3 & Crypto investors in Germany join?

The typical (median) round among the leading investors here is $7.5M.

### Which sectors do web3 & Crypto investors in Germany back most?

In the last 12 months, mostly Web3 & Crypto, Fintech and AI.

### Which web3 & Crypto investors in Germany lead the most rounds?

Multicoin Capital (11 led), CoinFund (6 led) and Dragonfly Capital Partners (5 led).

### Where are web3 & Crypto investors in Germany based?

Most of the leading investors here are based in the United States (9 of the top 10); the rest in the United Kingdom.

### What have web3 & Crypto investors in Germany invested in recently?

Recent rounds include CRSHMARKET (Seed, Nov 2026, with 6th Man Ventures), Birch Hill (Seed, Oct 2026, with Multicoin Capital) and Circuit Mind (Series A, Oct 2026, with Blackhorn Ventures).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)