Wintermute CEO: Only 4% of project investment approvals expected in 2025, signaling an end to the ‘scattershot’ investment strategy

Evgeny Gaevoy highlighted the transition from the scattershot investment method of previous years, revealing significant changes in Wintermute Ventures’ approach as they plan to complete 23 investments by 2025.

Despite reviewing 600 companies, only 20% progressed to due diligence and 4% secured funding, indicating a stringent selection process with common funding structures identified as equity/SAFE and token options.