Tomahawk.vc

The three co-founders — Cédric Waldburger, Massimo Schäppi, and Claude Donzé — serve as general partners and make investment decisions jointly. The firm has not disclosed a separate investment committee or external advisors. Waldburger is the most publicly visible partner, known for his personal experiments in minimalism and regular vlogs, while Schäppi and Donzé maintain lower profiles.

Tomahawk.vc appears to invest exclusively through direct deals, writing pre-seed and seed-stage checks into individual software and web3 startups. The firm’s portfolio page lists over forty named companies with no indication of LP-style fund commitments, fund-of-funds activity, or SPV aggregation.

The firm targets pre-seed and seed stages, describing itself as an early-stage venture investor since 2019. Its portfolio confirms this posture: the firm enters at formation or first institutional rounds and does not list growth-stage or Series B+ positions.

Tomahawk.vc states it invests only in software and web3 startups, which implicitly excludes hard-tech, biotech, hardware, and traditional industrial businesses. Within software, the portfolio shows no exposure to defense tech, space tech, or semiconductor infrastructure.

Tomahawk.vc operates through Tenderloin Ventures AG, the legal entity listed at the firm's Pfäffikon SZ address. The relationship appears to be a standard corporate structure, with Tenderloin Ventures serving as the operating vehicle for the Tomahawk.vc brand and investment activity.

The firm has not publicly described its co-investment practices or disclosed a syndication policy. Its portfolio does not list co-investors or club deal partners, suggesting most rounds are either proprietary or closed without external venture houses — typical for seed-stage firms that rely on direct founder relationships.