Lightspeed Faction
Fund snapshot
- Lookout tier
- Tier 2
- Lookout score
- 85/100
- AUM
- $285M
- Vintage
- 2022
- Check size
- $1M – $10M
- Stage
- Seed, Series A
- Role
- Leads rounds
Lookout's read
How Lookout reads this fund.
The Lightspeed brand and ~$7.5M average check let Faction anchor institutional-grade rounds smaller crypto funds can't. The WeatherXM lead signals real DePIN conviction. The catch: a single $285M Fund I and an independent-but-tethered structure mean the track record is still young — Tier 2 with Tier 1 ambitions.
Fund thesis
What they back.
A crypto-only early-stage fund pairing deep blockchain conviction with Lightspeed's Silicon Valley platform, backing seed and Series A founders building foundational blockchain and DePIN infrastructure.
Portfolio
Notable bets · 4
3 with realized tokens or exits
WeatherXM
Matter Labs (zkSync)
OpenMind
Lens Protocol
In their orbit
Deals Lookout covers.
Team
Who runs the capital.
Samuel Harrison
@samharr1sonCo-Founder & Managing Partner
Former Bessemer and crypto VC; deployed $500M+ across blockchain venture.
Co-investors
Who they ride with.
Facts public-source · tier & read are Lookout judgment · profile updates continuously