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Sfermion
Sfermion invests in the founders, companies, and assets that are accelerating the emergence of the metaverse. The metaverse is described as the merging of...
Sfermion
Sfermion invests in the founders, companies, and assets that are accelerating the emergence of the metaverse. The metaverse is described as the merging of physical and digital worlds into an experiential internet. The firm focuses on companies building products that utilize web3, artificial intelligence, and augmented and virtual reality.
General information
Firm type
Asset Manager
Year founded
2019
Location
Region
North America
Country
United States
City
Chicago
Corporate office
San Francisco, CA, United States
Principals
Andrew Steinwold
Managing Partner
Dan Patterson
Managing Partner
Sector focus
Frequently asked questions
What is Sfermion's specific investment mandate?
Sfermion is a thematic investor focused entirely on the non-fungible token and immersive digital economy. The firm invests across the NFT stack, which includes direct purchases of high-value NFTs, equity in platforms and infrastructure companies building the metaverse, and liquid tokens tied to digital ownership and creator-economy projects. It does not operate as a generalist crypto fund.
Who are Sfermion's known portfolio companies?
Publicly reported investments include Yuga Labs, the developer behind the Bored Ape Yacht Club, as well as significant virtual land holdings in Decentraland and The Sandbox. The firm has also backed infrastructure projects that support NFT minting, trading, and in-game asset management.
Who makes investment decisions at Sfermion?
Managing Partners Andrew Steinwold and Dan Patterson lead the firm's investment activities. Steinwold's professional background includes writing one of the earliest dedicated NFT newsletters and podcasts, which established his sourcing network before institutional capital entered the space.
Does Sfermion invest outside of NFTs?
Sfermion's mandate is exceptionally narrow compared to other crypto funds. By design, it does not allocate to layer-1 blockchain protocols, traditional DeFi lending platforms, or general Web3 infrastructure unless those investments directly serve the NFT and virtual-world ecosystem. This thematic concentration is the firm's defining structural feature.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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