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Prelude

Berlin, Germany · Invests in Global · Website

Pre-SeedSeedGamingDeveloper ToolsFintechHealthcare & BiotechCrypto & Web3Hardware & DevicesFintech & PaymentsDeveloper Tools & InfrastructureBiotech & Life Sciences

Thesis

First-check crypto fund backing founders at inception stage — before the idea is obvious to everyone. Invests in both tokens and equity globally, with conviction that the best crypto companies are built to export value beyond the crypto echo chamber.

Likely not a fit for

No pure token speculation, no consumer apps without crypto-native value, no centralized alternatives to decentralized primitives.

How they invest

Lead or follow
Usually leads
Typical decision
~1 month
Warm intro
Not required
Involvement
Observer
Fund status
Actively deploying
Assets under mgmt
$34M
Decision process
Partnership vote

Partners & team

3 contacts on file

PM

Patrick Mayr

General PartnerCo-founder & Partner · Primary contact

+ Pitch
BS

Brett Sun

General PartnerCo-founder & Partner

+ Pitch
YH

Yannis Heyken

Platform & OpsCo-founder & Operating Partner

+ Pitch

Portfolio

GondorFintech Payments

Gondor is the DeFi layer for prediction markets, allowing users to borrow against their Polymarket positions. The platform enhances capital efficiency for traders by providing lending and leverage options.

DexariFintech Payments

Dexari is a decentralized trading platform that allows users to trade perpetual contracts and spot markets with high leverage and advanced trading tools, all while maintaining self-custody of their assets.

ExponentFood Beverage

Exponent Beauty offers self-activated clinical-grade skincare products designed to address various skin concerns.

DangoFintech Payments

Dango is a DeFi-native Layer-1 blockchain built for trading, offering a unified trading account for spot trading, perpetual futures, vaults, and lending within a single interface. It aims to solve issues like capital inefficiency, execution quality, and poor user experience in decentralized finance.

GlueXFintech Payments

GlueX is a framework for blockchain API access and DeFi services, offering tools like DEX aggregation and yield farming on Optimism. It provides a unified experience for developers and users.

FluidkeyFintech Payments

Fluidkey is a financial platform that allows users to receive, grow, and spend their funds with global accounts and instant yield. It emphasizes privacy through stealth addresses and offers a self-custodial experience.

ExtendedFintech Payments

Extended is a perpetuals DEX built by an ex-Revolut team, offering trading across 100+ markets including crypto, equities, FX, commodities, and indices, with up to 100x leverage, zero maker fees, and 0.025% taker fees. The platform bridges crypto-native infrastructure with traditional financial markets, enabling users to trade crypto and TradFi, use multiple assets as collateral, earn yield, and manage it all within a single account.

HairDAOHealthcare Digital

HairDAO is an open-source R&D network where patients and researchers collaborate to develop revolutionary new treatments for hair loss. The platform allows users to log treatment experiences, contribute to research, and earn HAIR tokens as rewards.

NarvalFintech Payments

Narval is the DeFi Gateway for institutional wallets, providing secure access to decentralized finance (DeFi) opportunities while retaining custody control for clients.

ChainPatrolSecurity Cyber

ChainPatrol provides AI-powered brand protection solutions for Web3 companies, focusing on safeguarding against phishing attacks, fake domains, and impersonations.

Maple FinanceFintech Payments

Maple is redefining asset management for the digital age — onchain, transparent, and built to scale. Through institutional-grade lending and yield strategies, we bring the rigor of traditional finance to the transparency and innovation of crypto.

Those BeyondEcommerce Marketplaces

Those Beyond is a domain name for sale, offering premium domain acquisition services with options for purchase or lease.

Recent activity

Prelude in the news

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Research briefRead more
Prelude Research Overview Prelude is an early-stage crypto investment fund based in Berlin, Germany, legally registered as Prelude Management GmbH and regulated by BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht). The firm was founded in 2022 as Cherry Crypto — the dedicated crypto investment arm of Cherry Ventures — by Patrick Mayr, Brett Sun, and Yannis Heyken. In April 2025, the team spu

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