“Advises, invests and builds with the best entrepreneurs in Web3 across three arms (Advisory, Capital, Labs), with Spartan Capital backing DeFi, gaming and metaverse, and infrastructure across four funds and $500M in AUM.”
Spartan's own capital page (spartangroup.io/capital) groups its portfolio into three sectors and states totals for each: DeFi (46 companies), Gaming & Metaverse (39), Infrastructure (50), for a stated 135 total. We classified 30 of the named companies individually by sector and chain for the splits below; the site's own bucket totals (135) are larger than what we could individually verify a chain for, so treat the chain split especially as directional, not exhaustive.
Spartan Group is an APAC-rooted Web3 firm structured around three connected arms: Advisory, Capital and Labs (run as a separate venture studio at spartanlabs.studio). Its own homepage states $500 million in assets under management and over $1 billion in transactional dealmaking value across four named funds: Liquid, DeFi, Gaming & Metaverse, and Market Neutral. That structure matters for founders because it means Spartan is not only a check-writer; it also runs an advisory practice that works directly with teams on token design and fundraising strategy, and some founders enter the investment relationship through that door first.
The capital arm's own portfolio page is unusually transparent for a fund with no public application: it groups its full portfolio directly into three sectors with stated totals, DeFi (46 companies), Gaming & Metaverse (39) and Infrastructure (50), and names the individual companies in each bucket. The DeFi list spans lending and DEX names (1inch, MakerDAO, Maple, Synthetix) alongside newer money-market and yield names (Kamino, Pendle, Ether.fi). The Gaming & Metaverse list is one of the largest in this directory, from established names (Animoca Brands, Axie Infinity, Illuvium, Yuga Labs) to a long tail of smaller studios. The Infrastructure list covers L1s and L2s (Arbitrum, Berachain, Celestia, Starknet), interoperability (LayerZero) and tooling (The Graph, Consensys).
Team disclosure is thinner than the portfolio disclosure: the one dated, verifiable team signal on the site is a September 2025 promotion of Leeor Groen to Partner, with no broader named investment team visible on the pages we fetched.
Key stats:
| Partner | Role | Where to find them |
|---|---|---|
| Leeor Groen | Partner (promoted 9/30/25) | spartangroup.io |
No broader investment team roster was visible on the pages we fetched. Given the firm's scale ($500M AUM, four funds), other partners almost certainly exist; we are not printing unverified names sourced from third-party trackers here.