Investor profile
Initial Capital
Micro-fund
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Analyse your fitInvestment thesis
Initial Capital is an investor in seed and early-stage technology companies with a strong focus on the Bitcoin ecosystem. The firm loves games, consumer products, and technology enablers, and operates not as a traditional VC fund but as a group of serial entrepreneurs who invest their own money and actively partner with world-class teams to build global category winners — based out of London and Austin. The firm's core conviction is that "Bitcoin will become the TCP/IP for realtime value transport on the Internet," and it backs founders building across Bitcoin infrastructure, gaming, fintech, and consumer services. Beyond capital, Initial Capital provides hands-on support across product, technology, recruitment, and growth, drawing on the team's own experience as founders.
Notable quotes
“We're not a traditional VC fund — we're a group of serial entrepreneurs who actively partner with world class teams to build global category winners.”
“Early stage fund raising is not just about money. It's about finding the best team around you to help with the ups and downs of the business and get ongoing advice on everything from product and tech to recruitment and growth. We know because we've been there.”
Team
Kristian Segerstrale
Co-Founder
Sami Lababidi
Partner
Ken Lamb
Partner
Shukri Shammas
Co-Founder / Partner
Mayra Tama
Team Member
Tarek Abuzayyad
Founder & Partner
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Antidote (Antidote.me) | Seed | $3m | 2025-10 |
| Satora | Seed | — | 2025 |
| Bringin | Seed | — | 2025 |
| Alby | Seed | — | — |
| ZBD (Zebedee) | Seed | $800k | 2019-10 |
| THNDR Games | Seed | — | — |
| Supercell | Seed | — | — |
| Space Ape Games | Seed | — | — |
| Hutch | Seed | — | — |
| Nexmo | Seed | — | — |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| Lakestar | 4 |
| LVP (London Venture Partners) | 3 |
| Index Ventures | 2 |
| Force Over Mass Capital | 2 |
| Lifeline Ventures | 2 |
| DN Capital | 1 |
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