# Hugo Panczak

> Hugo Panczak is a seed investor at White Loop Capital backing Software and Blockchain. See 8 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [White Loop Capital](https://shizune.co/investors/profile/white-loop-capital)
- Total investments: 8
- Last investment: Dec 2024
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/hugo-panczak/
- Website: https://x.com/ZakLaMedaille

Hugo Panczak is a seed investor at White Loop Capital focused on Software and Blockchain. Hugo is the Managing Partner & CEO of White Loop Capital. He is also the Chief of Staff at european crypto-media The Big Whale.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 38% |
| Blockchain | 3 | 38% |
| Cryptocurrency | 3 | 38% |
| Financial Services | 2 | 25% |
| Information Technology | 2 | 25% |

17 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 38% |
| Series A | 2 | 25% |
| Pre-Seed | 1 | 13% |
| Series C | 1 | 13% |
| Venture - Series Unknown | 1 | 13% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| France | 2 | 25% |
| Canada | 1 | 13% |
| Switzerland | 1 | 13% |
| United States | 1 | 13% |
| Cayman Islands | 1 | 13% |

6 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Usual | Usual Labs operates as a decentralized finance(DeFi) protocol. | $10M | Series A | Dec 23, 2024 |  |
| LayerZero Labs | LayerZero Labs is a blockchain messaging protocol developer that allows decentralized applications build across multiple blockchains. The company is a User Application (UA) configurable on-chain endpoint that runs a ULN. | $2.5M | Venture - Series Unknown | Apr 01, 2024 |  |
| ether.fi | EtherFi is a non-custodial decentralized ETH staking method that distributes staking to node operators in exchange for rewards. | $27M | Series A | Feb 28, 2024 |  |
| Ledger | Ledger develops security and infrastructure solutions for cryptocurrencies as well as blockchain applications for individuals and companies, by leveraging a distinctive, proprietary technology.Launched in 2014, Ledger has designed an acclaimed line of hardware security devices quickly placing the company as a global leader on the market with1,000,000 units sold in more than 165 countries. For enterprises and corporations, Ledger introduced the Vault: a fully managed SaaS solution addressing the need to safeguard a very large amount of multiple cryptocurrencies while mitigating both IT and physical assault threats. The company is also active in the industrial IoT market, leveraging its secure hardware technology to interface sensors and machines to smart contracts or blockchain-based assets.Ledger is headquartered in Paris, has a production facility in Vierzon (France), and offices in San Francisco. | $109M | Series C | Mar 30, 2023 |  |
| Ondefy | Simplifying on-chain token accessibility and DeFi for retail users | $1M | Seed | Jan 03, 2023 |  |
| Ithil | Ithil is a financial interoperability layer that connects the whole web3 space facilitating new value creation via crowdlending. |  | Seed | Jan 01, 2023 |  |
| Fluent | Fluent is a bank-led, transparent stable coin, designed with federated custody — across multiple institutions — to offer maximum stability. Fluent provides easy access to consumers as well as new AUM with additional revenue streams.Fluent is a two-layer product for financial institutions that consists of an interbank settlement system and apublic stable token. |  | Seed | Jan 01, 2022 |  |
| DeepSquare | Managed, sustainable High Performance Computing as a Service. Decentralised. Community led. Blockchain (em)powered. DeepSquare solves real-world challenges facing intense computing demand. Combining traditional as a service business with blockchain, to deliver a transparent, fair trust-less ecosystem. | $1.2M | Pre-Seed | Nov 01, 2021 |  |

8 of 8 investments shown.

## Co-investors
- [Korelya Capital](https://shizune.co/investors/profile/korelya-capital) — VC Fund, 3 deals together
- [OKX Ventures](https://shizune.co/investors/profile/block-dream-fund) — VC Fund, 2 deals together
- [Cathay Innovation](https://shizune.co/investors/profile/cathay-innovation-fund) — VC Fund, 2 deals together
- [Molten Ventures](https://shizune.co/investors/profile/draper-esprit) — VC Fund, 2 deals together
- [OKX Ventures](https://shizune.co/investors/profile/okx-ventures) — VC Fund, 2 deals together
- [50T Funds](https://shizune.co/investors/profile/10t-holdings) — VC Fund, 1 deal together

## About White Loop Capital

VC Fund · Lyon, France

First private investment fund specialized in crypto-assets in France. Accompanying those who dare.

3 contacts available at White Loop Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Hugo Panczak | Managing Partner & CEO | https://shizune.co/investors/profile/hugo-panczak |
| Noé Giglio | Managing Partner & Head of Business Development | https://shizune.co/investors/profile/no%C3%A9-giglio |
| Xavier Jeanmonod | Managing Partner & Global Head of Analysis | https://shizune.co/investors/profile/xavier-j |

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Hugo Panczak invest in?

Hugo Panczak invests primarily in Software, Blockchain and Cryptocurrency startups, most often at Seed and Series A stage. Most of the 8 investments tracked by Shizune back companies in France. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Hugo Panczak last invest?

The most recent investment recorded for Hugo Panczak closed in Dec 2024. Shizune tracks 8 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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