Maven 11 Capital

What Maven 11 Capital does

Maven 11 Capital is a privately held, crypto-native venture capital firm headquartered in Amsterdam, with a fund vehicle registered in the Cayman Islands for international LP servicing. Founded in 2017, the firm operates four investment vehicles: Digital Assets Fund (BVF1, 2017), Blockchain Venture Fund 2 (BVF2, 2021), Blockchain Venture Fund 3 (BVF3, 2024), and the Maven 11 Yield Fund (MYF, 2024). Across these vehicles Maven 11 has raised $350 million from a global institutional LP base, deploying capital into 100+ portfolio companies focused on blockchain infrastructure, decentralized finance, payments, and financial infrastructure. The firm is led by Managing Partners Joost van der Plas and Balder Bomans (also CIO) and General Partner Mathijs van Esch, supported by an investment team of 12 professionals spanning 16 nationalities.

The firm's core products are its three venture capital funds — each with progressive thematic narrowing from foundational infrastructure in BVF1 toward credit, payments, stablecoins, and trading in BVF3 — and MYF, a market-neutral yield vehicle that captures returns from crypto liquidity and leverage demand without direct price exposure. Revenue is generated through standard VC fund mechanics: management fees on committed or invested capital, plus carried interest on fund performance. Deal sourcing relies on a network of builders, co-investors, and on-chain analytics, with recent publicly disclosed participation in rounds for Range ($8.3M Series A), Valinor ($25M seed), Utexo ($7.5M seed), Bleap ($6M seed), Axis ($5M private), Polysights ($1.5M), and Levr Bet ($3M co-led with Blockchain Capital).

Go-to-market on the LP side is direct relationship management through a private investor portal at investors.maven11.com and private placements to accredited investors; on the founder side, Maven 11 positions itself as a hands-on technical partner offering go-to-market strategy, ecosystem introductions, and active participation. The firm supplements its investing activity with thought-leadership distribution via a monthly "Maven's Insights" newsletter, research publications, and co-hosting of the annual Modular Summit in Paris alongside the Celestia team. From a compliance standpoint, Maven 11 has classified itself under EU SFDR Article 6 (not promoting ESG characteristics) and Article 7 Taxonomy Regulation, indicating it does not currently market sustainability-oriented fund products.

Name

Maven 11 Capital

Legal name

Maven 11 Capital

Website

https://maven11.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Maven 11 Capital is a crypto-native venture capital firm based in Amsterdam that has raised $350M across three venture funds and one yield fund, investing in 100+ blockchain, DeFi, payments, and financial-infrastructure companies for institutional LPs since 2017.

Ownership category

akta.pro rank

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Venture Capital Fund Management: Maven 11 operates multiple venture capital funds (BVF1, BVF2, BVF3) and a yield fund (MYF), generating returns through equity/token investments in early-stage blockchain and crypto companies, with management fees and carried interest as primary revenue streams.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Maven 11 Capital is a crypto-native venture capital firm that manages multiple closed-end fund vehicles (BVF1, BVF2, BVF3, and the Maven 11 Yield Fund) investing in early-stage blockchain and crypto companies. The firm raises capital from global institutional investors and deploys it into protocols, platforms, and applications in DeFi, Payments, and Financial Infrastructure, providing portfolio founders with hands-on support spanning go-to-market strategy, technical guidance, and ecosystem introductions.

Product overview

Maven 11 Capital is a crypto-native investment firm offering four distinct investment fund products targeting the blockchain and digital assets ecosystem. The core offering consists of three venture capital funds (BVF1, BVF2, and BVF3) that provide early-stage investment in blockchain protocols, platforms, and applications, progressing from foundational infrastructure investments to applications in DeFi, payments, and financial infrastructure. The Maven 11 Yield Fund (MYF) complements the venture offerings with a fixed-income strategy that delivers market-neutral returns by capturing crypto liquidity and leverage demand without direct crypto price exposure.

Differentiator

Problem solved

Functional benefit

Brands

• Digital Assets Fund (BVF1): First venture fund launched in 2017 to invest in promising blockchain startups
• Blockchain Venture Fund 2 (BVF2)
• Blockchain Venture Fund 3 (BVF3)
• Maven 11 Yield Fund (MYF)

Products and services

• Digital Assets Fund (BVF1) The firm's first venture fund, launched in 2017, backing early-stage startups building solutions to make blockchain technology more scalable, efficient, and user-friendly. Targeted at institutional investors seeking exposure to foundational blockchain innovation.
• Blockchain Venture Fund 2 (BVF2) Second venture fund launched in 2021 to back a broader set of opportunities and founders driving the next phase of crypto innovation, for global institutional investors.
• Blockchain Venture Fund 3 (BVF3) Third venture fund launched in 2024, focused on early-stage founders leveraging blockchain infrastructure to redefine credit, payments, stablecoins, and trading. Aimed at institutional investors seeking exposure to DeFi, Payments, and Financial Infrastructure applications.
• Maven 11 Yield Fund (MYF) Fixed-income yield fund offering institutional investors access to the crypto industry's elevated cash yields without the volatility of crypto prices, using a market-neutral strategy that captures demand for liquidity and leverage into steady, income-like returns.

Quantifiable outcome

• One of Europe's oldest and largest Crypto & Blockchain venture funds with $350M raised
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Paradigm: Paradigm is a crypto-native investment firm focused on protocols and infrastructure at the frontier of crypto and decentralized systems. Like Maven 11, it concentrates on early-stage bets in DeFi, blockchain infrastructure, and developer tooling, making it the closest large-scale analog.
• Polychain Capital: Polychain Capital is one of the earliest crypto-native venture funds, investing in blockchain protocols and applications. Its thesis around protocol-level investment closely mirrors Maven 11's focus on DeFi, payments, and financial infrastructure rails.
• Pantera Capital: Pantera Capital is a blockchain and crypto-focused investment firm managing multiple venture and token funds. Its multi-vehicle fund structure (venture, liquid token, early-stage) parallels Maven 11's BVF and MYF fund architecture.
• Multicoin Capital: Multicoin Capital is a thesis-driven crypto venture fund investing in tokens and equity across blockchain infrastructure and application layers. Its early-stage, high-conviction approach to crypto investing closely mirrors Maven 11's stated model.
• 1confirmation: 1confirmation is an early-stage crypto venture fund investing in founders building decentralized infrastructure and applications. Its infrastructure-led, founder-focused approach makes it highly comparable to Maven 11's thesis.
• Variant Fund: Variant Fund is an early-stage venture firm investing in crypto networks, DeFi, and ownership economies. Like Maven 11, it focuses on founders building the next generation of crypto infrastructure and applications.
• Placeholder Ventures: Placeholder is a venture firm focused on decentralized protocols and crypto networks. Its thesis around protocol ownership and open networks aligns with Maven 11's focus on infrastructure-layer investments.

Broad incumbents

• Andreessen Horowitz (a16z crypto): a16z is a large generalist venture firm with a dedicated crypto fund investing across the full blockchain stack. It competes with Maven 11 for crypto deals but operates at materially larger fund sizes and broader mandate.
• Coinbase Ventures: Coinbase Ventures is the corporate venture arm of Coinbase, investing broadly across early-stage crypto companies. While it overlaps with Maven 11 in deal flow, it benefits from Coinbase's strategic ecosystem rather than operating as a standalone VC.
• Galaxy Digital: Galaxy Digital is a diversified crypto financial services and investment management firm with venture and early-stage funds. Its broader financial services scope distinguishes it from Maven 11's pure-play crypto VC focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Maven11Capital
• LinkedInlinkedin.com/company/maven11

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments130 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maven 11 Capital