Moonhill Capital
Moonhill Capital is a Prague-based Web3 venture capital firm, founded in 2021, that invests in early-stage blockchain startups across DeFi, L2 infrastructure, gaming, and AI-compute, serving external limited partners and a Czechoslovakian investor community via the Angels Squad DAO syndication platform.
- Company typePrivate
- Founded2021
- HeadquartersPrague, Czechia
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Moonhill Capital does
Moonhill Capital is a private Web3 venture capital firm headquartered in Prague, Czech Republic, founded in 2021 around a core team that has been active in crypto since 2013 and operates an investment management and advisory business for early-stage blockchain startups and external limited partners. The firm invests across DeFi, Layer-2 infrastructure, gaming, AI-compute, privacy, and modular blockchain themes, with a disclosed active portfolio of 26+ companies including EigenLayer, AltLayer, Mode Network, IO.net, Ritual, Fuel, Puffer, Aethir, GameSwift, deBridge, and Nillion. Past investments referenced on the company website include Avalanche, Axie Infinity, Olympus, Chainlink, Pokt, and Polkadot.
The firm employs a community-led and network-driven go-to-market approach anchored by Angels Squad DAO, which syndicates deals for the Czechoslovakian investor community, and by Pitch Point, a proprietary networking event series held alongside major Web3 conferences (Devconnect, ETH events). Capital is sourced from a 30+ partner ecosystem including Polychain, Spartan, Consensys, Fireblocks, Ledger, and major exchanges (Kucoin, Crypto.com, Bybit), alongside academic relationships at Stanford, Oxford, Berkeley, and Cambridge. The firm opened to external investors in 2024 after operating as a closed vehicle, and launched MHC Labs, a services arm providing validator infrastructure, market making access, token launch support, tokenomics consulting, talent acquisition, and legal guidance to portfolio companies.
Revenue mechanics are not publicly disclosed; returns are generated through equity and token investments in early-stage Web3 startups, with realization via secondary market sales, token generation events, and eventual exits. The firm claims a multi-year track record with zero drawdown through the 2022 crypto market crashes (Terra/Luna, FTX, Celsius) and a ~60X return from its GameSwift seed investment. No specific AUM, fund size, management fee, or carry figures are disclosed, and the firm employs 1–10 people.
Moonhill Capital firmographics
Firmographics- Name
- Moonhill Capital
- Legal name
- Moonhill Capital
- Website
- https://moonhill.capital
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Moonhill Capital is a Prague-based Web3 venture capital firm, founded in 2021, that invests in early-stage blockchain startups across DeFi, L2 infrastructure, gaming, and AI-compute, serving external limited partners and a Czechoslovakian investor community via the Angels Squad DAO syndication platform.
- Ownership category
- akta.pro rank
Moonhill Capital industry classification
Industry- Product category
- Web3 Venture Capital
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940), Other Financial Vehicles (52599)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Digital Assets / Crypto Fund of Funds (FSAHAKAL)
- akta.pro secondary industry
- Venture Capital Fund-of-Funds / Multi-Manager Platforms (FSANAAAJ)
Keywords
Where Moonhill Capital is headquartered
LocationHeadquarters
- HQ city
- Prague
- HQ country
- Czechia
- HQ region
- Europe
Offices1 record
Markets served
Moonhill Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Others
Revenue model
- Venture Capital Returns: Moonhill Capital generates returns through equity and token investments in early-stage Web3 startups. Returns are realized via secondary market sales, token generation events (TGE), and eventual exits.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Moonhill Capital product offering
Product offeringCore offering
Moonhill Capital is a Web3-focused venture capital firm that invests in early-stage blockchain and crypto startups through its MHC II fund, while also providing portfolio companies with operational support services. The firm runs Angels Squad DAO to syndicate deals with community investors and operates MHC Labs, which delivers validator infrastructure, market making access, token launch support, tokenomics consulting, talent acquisition, legal guidance, and campaign planning to portfolio companies.
Product overview
Moonhill Capital is a Web3 venture capital firm that operates as an investment and advisory services company rather than a product company. The firm provides investment services to external investors, portfolio company support, and strategic advisory across the blockchain and Web3 ecosystem. Their offering consists of venture capital investment management, expert advisory services, decentralized validator infrastructure operations, market maker access, liquidity provision, talent acquisition, legal guidance, token launch support, tokenomics consulting, and campaign planning and execution. They do not offer a unified software product or platform.
Differentiator
Problem solved
Functional benefit
Brands
- MHC Labs: Additional value services including expert advisory, decentralized validator infrastructure, market making, talent acquisition, legal guidance, token launches, tokenomics consulting, and campaign planning.
Products and services
- MHC II Web3 Venture Capital Fund Closed-end venture capital fund investing in early-stage Web3 and blockchain startups across DeFi, Layer 2, AI, gaming, GPU compute, and privacy sectors. Available to external investors via a gated client portal.
- Angels Squad DAO Community syndication platform allowing retail and smaller investors to pool capital and participate in institutional-grade Web3 seed deals led by Moonhill Capital.
- MHC Labs Portfolio Support Services Operational and advisory services for portfolio companies including expert advisory, decentralized validator infrastructure, market making access, talent acquisition, legal guidance, token launches, tokenomics consulting, and campaign planning and execution.
- Pitch Point Events Proprietary intimate networking events connecting Web3 founders with VCs, limited to 55 attendees, held during Devconnect and major ETH events.
Companies that use Moonhill Capital
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Moonhill Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Moonhill Capital partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and moderate.
- Outlier VenturescoreLeading Web3 accelerator and investment platform. Moonhill Capital partners through shared investment activities and ecosystem support for portfolio companies.
- Oxford University (Oxford Blockchain)coreOxford Blockchain ecosystem partnership for academic research and blockchain innovation. Provides academic credibility and research collaboration.
- Stanford BlockchaincoreStanford University's blockchain research and accelerator program. Moonhill Capital participates as ecosystem partner and investor.
- OnePiece LabscoreAnnounced strategic partnership with OnePiece Labs in February 2025. Jointly supports Web3 founders and ecosystem development.
- Berkeley XceleratorcoreBerkeley university's blockchain accelerator program. Moonhill Capital participates as investment partner for startups in the program.
- Cambridge BlockchainmoderateCambridge University's blockchain ecosystem initiative for research and startup support.
- ConsensyscoreEthereum software company and MetaMask parent. Partnership for ecosystem development and portfolio company support.
- FireblockscoreInstitutional digital asset custody and infrastructure provider. Partnership for secure asset management for portfolio companies.
- LedgercoreHardware wallet manufacturer. Partnership providing secure infrastructure for portfolio company operations.
- KucoincoreMajor cryptocurrency exchange. Partnership for listing support and market access for portfolio companies.
- MEXCmoderateGlobal cryptocurrency exchange. Provides listing and trading infrastructure for portfolio companies.
- Crypto.comcoreMajor crypto exchange and fintech platform. Partnership for ecosystem integration and listing support.
- BybitcoreLeading cryptocurrency exchange. Partnership for listing support and market access for portfolio companies.
- BerkowermoderateAccounting and financial advisory services provider. Partnership for financial guidance of portfolio companies.
- Synergy ConsultingmoderateConsulting firm providing advisory support for portfolio companies.
- Sudo ResearchmoderateResearch firm focused on DeFi and crypto market analysis.
- VacuumlabsmoderateBlockchain development and auditing services.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Moonhill Capital competitors and assessment
Company assessmentDirect peers
- Polychain Capital: One of the earliest and largest crypto-native venture capital firms, investing across Web3 infrastructure, DeFi, and protocols. Directly comparable to Moonhill Capital as a strategic partner and co-investor in the same ecosystem, with overlapping portfolio companies.
- Spartan Group: Prominent crypto-native investment firm with a focus on DeFi, infrastructure, and liquid token strategies. Listed as a Core financial partner of Moonhill Capital, indicating shared deal flow and portfolio overlap.
- Outlier Ventures: Leading Web3 accelerator and investment platform focused on early-stage crypto startups. Direct strategic partner of Moonhill Capital, with parallel investment activity and ecosystem support roles for portfolio companies.
- OnePiece Labs: Web3 accelerator supporting early-stage founders through funding, mentorship, and ecosystem development. Announced strategic partnership with Moonhill Capital in February 2025, jointly supporting Web3 founders.
- Multicoin Capital: Thesis-driven crypto venture fund investing in early-stage tokens and equity across Web3. Comparable as a crypto-native VC with similar early-stage Web3 investment focus and token-investment orientation.
- Pantera Capital: One of the largest dedicated crypto/blockchain investment firms, offering venture, liquid token, and early-stage funds. Directly comparable to Moonhill Capital's early-stage Web3 investment strategy and external LP offering model.
- Framework Ventures: Crypto-native venture firm investing in DeFi, NFTs, and Web3 infrastructure. Comparable to Moonhill Capital in early-stage thesis-driven investing and active ecosystem support for portfolio companies.
- Mechanism Capital: Crypto-native investment firm backing early-stage Web3 projects across DeFi, infrastructure, and consumer. Comparable as a similarly sized crypto-focused VC with overlapping deal flow and ecosystem orientation.
- ParaFi Capital: Crypto-native investment firm combining venture and liquid token strategies across DeFi and Web3 infrastructure. Comparable in early-stage orientation and portfolio overlap with Moonhill Capital's deal flow.
Broad incumbents
- Andreessen Horowitz (a16z crypto): Major venture firm with a dedicated crypto fund and broader tech investment portfolio. A broad incumbent investing across the same Web3 themes (L2s, DeFi, AI) as Moonhill Capital but at materially larger scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Moonhill Capital social profiles
Digital presenceMoonhill Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Moonhill Capital leadership team
Management profileNumber of profiles
Profiles1 record
Moonhill Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Moonhill Capital M&A and investment
M&A and investmentM&A
Investments13 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Moonhill Capital
What does Moonhill Capital do?
Moonhill Capital is a Web3-focused venture capital firm that invests in early-stage blockchain and crypto startups through its MHC II fund, while also providing portfolio companies with operational support services. The firm runs Angels Squad DAO to syndicate deals with community investors and operates MHC Labs, which delivers validator infrastructure, market making access, token launch support, tokenomics consulting, talent acquisition, legal guidance, and campaign planning to portfolio companies.
Is Moonhill Capital a public or private company?
Moonhill Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Moonhill Capital founded?
Moonhill Capital was founded in 2021. It employs 1 to 10 people.
Where is Moonhill Capital based?
Moonhill Capital is headquartered in Prague, Czechia, in the Europe region.
How does Moonhill Capital make money?
One revenue line is on record: venture Capital Returns.
Who are Moonhill Capital's main competitors?
Direct peers on record are Polychain Capital, Spartan Group, Outlier Ventures, OnePiece Labs, Multicoin Capital, Pantera Capital, Framework Ventures, Mechanism Capital and ParaFi Capital. Andreessen Horowitz (a16z crypto) is listed as a broad incumbent.
Does Moonhill Capital have an API?
No public API is recorded for Moonhill Capital.
What industry is Moonhill Capital in?
Moonhill Capital's product category is Web3 Venture Capital. Its primary akta.pro industry code is FSAHAKAL, Digital Assets / Crypto Fund of Funds, with a secondary code of FSANAAAJ, Venture Capital Fund-of-Funds / Multi-Manager Platforms. Its NAICS code is 525 and its SIC code is 6200.