Key Takeaways
- • Lattice Capital, a cryptocurrency venture capital firm operating since 2021, is raising its third fund, according to a U.S. Securities and Exchange Commission filing submitted on Monday, April 21, 2026.
- • The firm raised a $60 million second fund in 2022, representing a threefold increase from its initial capital, demonstrating significant growth trajectory in the crypto VC space.
- • Lattice has deployed capital across 81 projects to date, with notable investments including Immunefi (cryptocurrency bug bounty platform) and Protocol Labs (core developer of Filecoin's decentralized cloud storage network).
- • The third fund filing did not disclose the target fund size, leaving the scope of this fundraising round undisclosed to the market.
Summary
The firm's growth demonstrates substantial momentum within the digital asset investment sector. In 2022, Lattice closed its second fund at $60 million, representing a 200% increase relative to its initial fund capital. This three-fold expansion signaled investor confidence in the firm's investment thesis and track record during a period of significant cryptocurrency market volatility and regulatory uncertainty.
Lattice's investment portfolio spans 81 projects, establishing the firm as an active allocator within the blockchain and cryptocurrency ecosystem. Two flagship investments highlight the fund's focus on infrastructure and security-critical applications: Immunefi, which operates a cryptocurrency bug bounty platform addressing smart contract security vulnerabilities, and Protocol Labs, the core development organization behind Filecoin, a decentralized cloud storage network that ranks among the sector's notable infrastructure projects.
The third fund raise occurs amid ongoing institutional maturation of the crypto venture capital market, with traditional venture firms and family offices increasing allocation to digital asset managers and blockchain-focused investment vehicles. The absence of disclosed fund size in the SEC filing limits visibility into whether this round represents an expansion above the $60 million second fund or a recalibration of capital deployment strategy.
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