Analyst signals
Portfolio activity and matriculation
Metrics use all recorded activity through 21 Jul 2026 across pre seed, seed, series a, strategic. Later-round outcomes are capped at the period end.
These are activity signals, not fund-return metrics. Round capital is the full disclosed financing amount, not this fund's check size. “Recorded solo” means only one investor is present in the source data and is a lead signal, not verified lead status; syndicated rounds are a co-investor or follower signal. IRR, TVPI, DPI, ownership, exits, and market beta cannot be calculated from the available records.
People
Team
Dion Dong
Venture Partner
Steve Brownlie
General Partner
Yun-Fang Juan
Venture Partner
Portfolio
Investments
Full financing histories for portfolio companies. Highlighted rounds are those where Leadout Capital is recorded as an investor.
BlockSpaces
BlockSpaces provides Bitcoin collateral infrastructure for financial institutions. Its ARCC platform automates collateral, margin, and settlement enforcement for Bitcoin-backed loans, forwards, and structured products.
SYKY
SYKY, Inc. was a digital-fashion platform for designers to publish, sell, and share work, and for collectors to discover digital fashion. It also operated an NFT marketplace, designer incubator, community programs, and an Apple Vision Pro fashion app; it is winding down operations.