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AV

Avon Ventures

Venture Capital

Avon Ventures is a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments.

Portfolio

2

companies


Portfolio companies

Coincover

Coincover

Coincover provides digital asset protection and recovery services for cryptocurrency holders.

Wintermute

Wintermute

Wintermute provides algorithmic liquidity across digital asset markets.


Recent investments

Seed
£6.7M

Element Ventures led the Series A round to support team expansion and product development.

"Crypto can be complex and confusing and people have valid fears around the safety of their funds. With Coincover, we are providing a fundamental building block for a rapidly maturing market by ensuring that people can be protected against making a mistake that can end up costing them thousands. This investment means we can rapidly scale our growth to market and consumer demands, and in doing so ensure more people can invest in crypto safely."
— David Janczewski, CEO and co-founder
Series B
£14.6M

The algorithmic liquidity provider has raised £14.6m in a Series B round led by Lightspeed Venture Partners with participation from Pantera Capital.

"Wintermute has grown almost 25x since Lightspeed led the company’s Series A round just six months ago. That rarely happens! We are excited to continue supporting Wintermute and their ambitious expansion plans going forward,"
— Jeremy Liew, Partner