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Banafsheh Fathieh

Advisor (blockchain) at Lightspeed Venture Partners

Federated States of Micronesia

Overview 

Banafsheh Fathieh is the Founding Partner at Faction VC and an Advisor at Lightspeed Venture Partners, with a strong focus on investing in Seed and Series A stages within the Consumer Internet sector. With a background that includes roles at Prosus Ventures and OCV, she has invested in notable companies like Figure Markets and Klar, showcasing a successful track record in venture capital and strategic investments.

Work Experience 

  • Founding Partner

    2022 - Current

    Co-Founder and GP @ $285M early stage blockchain-focused venture fund.

Faction is a venture fund focused on early stage blockchain opportunities

  • Advisor (blockchain)

    2022

    Board Seats: Iron.xyz (Series A, acq by Moonpay)

Lightspeed Venture Partners is a venture capital firm that engages in consumer, enterprise, technology, and cleantech markets.

  • Head of Investments, Americas

    2017 - 2022

    I led early-stage investments in internet and blockchain companies. I led our crypto strategy / built our crypto venture practice Board Seats: Immutable (Series A, token), Klar (Series A), Azos (Series A), Dappradar (Series Seed), Republic (Token), Shipper (Series A), 99 Minutos (Series A), Kovi (Series C, acq by Moove), Every (Series C) ++

  • Vice President, Investments

    2015 - 2017

    I was part of the founding team and investment committee of OCV Partners, a technology-focused venture growth fund. I was responsible for forming, fundraising and structuring the fund, as well as sourcing investment opportunities.

Los Angeles based technology venture fund

  • Head of Business Development / Finance

    2012 - 2015

    I was an early employee at OTOY, a cloud graphics / rendering startup. I helped raise the company's financing rounds (led by Autodesk and DST Global). I was also responsible for corporate development, partnerships and other operating tasks. Won Best of CES 2015 (partnership for Razer Forge TV).

OTOY is a cloud rendering company delivering real-time cinematic quality 3D graphics through the browser.

  • Associate, Investments

    2010 - 2011

    I was an Excel ninja.

CIM is a community-focused real estate and infrastructure owner, operator, lender and developer.

Raised $47,500,000.00.

  • Analyst, Investment Banking

    2008 - 2010

    I was an Excel ninja.

The Rand Group is a San Francisco-based wealth management team led by Managing Director Daniella Rand.

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