Initial Capital is a London, United Kingdom– and Austin, United States–based early-stage venture investment group founded in 2010 that deploys founder-aligned capital into seed and early technology companies with particular emphasis on Bitcoin ecosystem infrastructure, games, consumer services and technology enablers; structured as a team of serial entrepreneurs investing their own capital rather than a traditional limited-partner fund, it partners with founders to provide strategic support from product through growth and participates in rounds across Europe and North America.