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CD

CMT Digital

Venture Capital

Portfolio

2

companies


Portfolio companies

I

Improbable

Improbable builds scalable metaverse technology and multiplayer networking infrastructure for virtual worlds.

Coincover

Coincover

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


Team

CS

Charlie Sandor

Investor


Recent investments

Seed
£115M

The financing round was supported by investors including Andreessen Horowitz and SoftBank to develop interoperable Web3 virtual spaces.

"We founded Improbable to make real the promise of incredible online worlds that were more than just games – they were extensions of our lives. I believe the metaverse and Web3 movement, though very early, represent a once-in-a-generation redefinition of our society towards a ‘fulfilment economy’ where experiences made by an open network of creators and businesses can create enormous opportunity for everyone. M² is our contribution to establishing this future and we hope to help our partners catalyse an open metaverse with many participants and success stories. We are excited to be actively working with some of the best investors in the space in building out this new ecosystem."
— Herman Narula, CEO
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