Sfermion

Sfermion is a Chicago-based venture capital firm founded in 2019 that focuses on technology investments with a special emphasis on metaverse-native and esoteric digital assets.

Joanna Da Lu

COO and Partner

Andrew Steinwold

Managing Partner

Past deals in iOS

Mighty Bear Games

Venture Round in 2025
Mighty Bear Games is a Singapore-based game developer that creates mobile online multiplayer and social games. The studio pursues next-generation massively multiplayer online experiences that blend the depth of desktop gaming with the accessibility of mobile devices. Founded in 2016, it brings together veterans from major studios such as King, Ubisoft, EA, LucasArts, Disney, Gameloft, and Jagex to craft scalable, social experiences designed for mobile play without compromise.

Autoverse Studios

Seed Round in 2024
Autoverse Studios offers Auto Legends, a competitive social auto racing game, focusing on car culture and player engagement, offering a multi-platform experience for real-time tuning and customization.

Bazooka Tango

Series A in 2023
Bazooka Tango, Inc. is a mobile gaming company that specializes in developing computer and mobile games, particularly focusing on blockchain multiplayer online tactical card games. Founded in 2019 and headquartered in San Mateo, California, the company was previously known as White Water Games, Inc. until its name change in April 2020. With a team that boasts extensive experience in game development and publishing, Bazooka Tango leverages its expertise to create and scale successful gaming titles across various platforms, including PC and console. The company is committed to shaping the future of competitive gaming with multiple upcoming releases that target key core gaming genres.

Xverse

Seed Round in 2023
Xverse develops a user-friendly Bitcoin wallet. It is available for Chrome on desktop and for iOS and Android.

Mighty Bear Games

Initial Coin Offering in 2022
Mighty Bear Games is a Singapore-based game developer that creates mobile online multiplayer and social games. The studio pursues next-generation massively multiplayer online experiences that blend the depth of desktop gaming with the accessibility of mobile devices. Founded in 2016, it brings together veterans from major studios such as King, Ubisoft, EA, LucasArts, Disney, Gameloft, and Jagex to craft scalable, social experiences designed for mobile play without compromise.
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