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The Venture Codex

Canonical Crypto

21 Coffee Berry Lane, Orinda, CA, 94563, United States

Overview

Venture capital fund investing in web3 and blockchain infrastructure.

Founded

2021

Deals ยท 12mo

2

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Canada
Cayman Islands
United Kingdom
United States

Sector focus

Blockchain
Cryptocurrency
Venture Capital
Web3

Investment portfolio

17rounds
NAMEDATESIZE
Synthefy
Aug 2026Participated
$7 MSeed
Sentient
Jul 2026Participated
$85 MSeed
Mesta
Oct 2025Participated
$6 MSeed
Rain
Mar 2025Participated
$25 MOther Equity
Mesta
Jan 2025Participated
$2 MSeed
Sahara AI
Aug 2024Participated
$43 MOther Equity
Nuffle Labs
Jun 2024Participated
$13 MOther Equity
Tensorplex Labs
Mar 2024Led
$3 MSeed
Sahara AI
Mar 2024Participated
$6 MSeed
Jabali
Mar 2024Participated
$5 MSeed
Meso
Feb 2024Participated
$10 MSeed
Hyperline
Jan 2024Participated
$5 MSeed
Synthefy
Aug 2026Participated
$7 MSeed
Sentient
Jul 2026Participated
$85 MSeed
Mesta
Oct 2025Participated
$6 MSeed
Rain
Mar 2025Participated
$25 MOther Equity
Mesta
Jan 2025Participated
$2 MSeed
Sahara AI
Aug 2024Participated
$43 MOther Equity
Nuffle Labs
Jun 2024Participated
$13 MOther Equity
Tensorplex Labs
Mar 2024Led
$3 MSeed
Sahara AI
Mar 2024Participated
$6 MSeed
Jabali
Mar 2024Participated
$5 MSeed
Meso
Feb 2024Participated
$10 MSeed
Hyperline
Jan 2024Participated
$5 MSeed
17
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Browse all public portfolio deals

Insights

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Deal Distribution

Canonical Crypto: 17 funding rounds are recorded in the selected participation categories.All available history.
Canonical Crypto: 17 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed110
Series A02
Other Equity04

Monthly Deal Activity

Canonical Crypto: 17 deals are recorded across 53 months.All available history.
Canonical Crypto: 17 deals are recorded across 53 months. All available history
MonthDeals
Jun '221
Jul '220
Aug '221
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '231
Mar '230
Apr '230
May '230
Jun '231
Jul '230
Aug '231
Sep '230
Oct '230
Nov '230
Dec '230
Jan '241
Feb '241
Mar '243
Apr '240
May '240
Jun '241
Jul '240
Aug '241
Sep '240
Oct '240
Nov '240
Dec '240
Jan '251
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '261
Aug '261
Sep '260
Oct '260

Sector Breakdown

Canonical Crypto: Crypto & Blockchain is the largest displayed sector by deal count (12 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Canonical Crypto: Crypto & Blockchain is the largest displayed sector by deal count (12 deals). All available history
SectorDeals
Crypto & Blockchain12
Fintech5
AI & Machine Learning5
Professional Services2
Data, Analytics & IT2
Networks, Cloud & Communication1
Enterprise Software1
Media & Entertainment1
Gaming & eSports1
Developer Tools1

Deal Size Distribution

Canonical Crypto: 17 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Canonical Crypto: 17 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M9
$10M-$25M3
$25M-$50M2
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Canonical Crypto: United States has the largest recorded deal count among the displayed regions (12 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

Canonical Crypto: United States has the largest recorded deal count among the displayed regions (12 deals). All available history
RegionDeals
United States12
Europe2
Singapore1
Canada1
Cayman Islands1
Canonical Crypto: 20 co-investors are shown, with dao5 sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Canonical Crypto: 20 co-investors are shown, with dao5 sharing 3 recorded deals. All available history
Co-investorShared deals
dao53
Dispersion Capital3
Samsung Next3
6th Man Ventures2
Alumni Ventures2
Everywhere Ventures2
Garuda Ventures2
Geekcartel2
HashKey Capital2
Inventum Ventures2
Lightspeed Venture Partners2
Matrix2
Mirana Ventures2
Nomad Capital2
Pantera Capital2
Polychain Capital2
Robot Ventures2
Tangent Ventures2
33DAO1
a16z crypto1

Investment Strategy

Canonical Crypto: Led accounts for 6% and participating for 94% of round participation.All available history.
Canonical Crypto: Led accounts for 6% and participating for 94% of round participation. All available history
CategoryDeals (count)Share (%)
Led16%
Participating1694%
Canonical Crypto: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Canonical Crypto: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

Anand Iyer

Managing General Partner and Founder