Tritemius is a Madrid-based venture capital firm founded in 2023 to advance Web3 and digital asset entrepreneurship across Europe and Latin America. Part of the Tritemius Group, the firm manages Spain's first regulated venture capital vehicle exclusively dedicated to blockchain and Web3 technologies, authorized by the CNMV as a European Venture Capital Fund (FCRE) and EuVECA.
Tritemius backs early-stage founders building in decentralized finance (DeFi), blockchain infrastructure, cybersecurity and privacy for decentralized systems, and tokenization. The firm sees near-term opportunity in account abstraction and zero-knowledge proofs as usability layers, growth in decentralized social networks, and cybersecurity platforms purpose-built for Web3 environments.
Tritemius Capital has announced the launch of Tritemius Fund I, a €21 million European Venture Capital Fund (EuVECA) focused on early stage technology startups across the web3 ecosystem. The VC fund, advised by Tritemius Ventures, will deploy average ticket sizes of approximately €500,000, targeting companies from pre-seed to Series A.
The fund introduces a hybrid investment strategy that may allocate up to 30 percent of its capital to token-based instruments, leveraging the flexibility provided by the European EuVECA framework. This approach is further supported by MiCA, which recognizes tokens as a viable financing mechanism for business projects.
Leadership
Luis Pastor is the Founding Partner and CEO of Tritemius. He brings over 20 years of experience in technology and innovation, including his tenure as Managing Consulting Partner at Grant Thornton leading their Technology and Innovation Consulting department, where he led more than 50 projects in digital assets, blockchain, and Web3. Pastor is co-founder and Vice President of Alastria, Spain's largest blockchain consortium, and has advised or invested in Web3 ventures including Maecenas, DXMarkets, Saisho, and Brickex. He also teaches in specialized programs at IE, IEB, and UCM.
Lluís Pedragosa brings over 15 years of venture capital experience with a focus on cybersecurity, Web3, and fintech, developed across the U.S. and Israel. Pablo Romero contributes a decade of crypto sector experience, including time within BBVA's Blockchain and Digital Assets team. John Whelan serves as an independent advisor with early blockchain industry experience.
Investment Strategy
Tritemius invests at pre-Seed and pre-Series A stages with an average ticket of �500,000, reserving capital for follow-on rounds. Beyond capital, the firm offers mentoring, regulatory networking, and international expansion support. Its regulated FCRE and EuVECA structure adds institutional credibility for founders navigating the European fundraising environment.
Notable Investments
The firm's portfolio includes early-stage Web3 companies backed since the fund's 2025 launch:
Other
Tritemius operates under Spain's CNMV regulatory framework as an FCRE fund, making it the only fully regulated Web3-focused VC in Spain. The firm has particular depth in European and Spanish regulatory networks through its involvement with Alastria and institutional blockchain initiatives. Founders building in Web3, blockchain infrastructure, or digital assets in Europe or Latin America can reach the team through the fund's website.
Spain
