Overview
Experimental cryptocurrency investment fund transitioning to a DAO.
Founded
2022
Deals · 12mo
5
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Godel Terminal | Oct 2026Led | $5 MSeed | |
Sentient | Jul 2026Participated | $85 MSeed | |
Cluster Protocol | Apr 2026Led | $5 MOther Equity | |
Seismic | Nov 2025Participated | $10 MOther Equity | |
Berachain | Oct 2025Participated | $110 MOther Equity | |
Fluent Labs | Feb 2025Participated | $8 MSeed | |
zkPass | Oct 2024Participated | $13 MSeries A | |
ZEROBASE | Oct 2024Participated | $5 MOther Equity | |
DL Software | Aug 2024Led | $2 MSeed | |
Sahara AI | Aug 2024Participated | $43 MOther Equity | |
Sentient | Jul 2024Participated | $85 MSeed | |
Lombard | Jul 2024Participated | $16 MSeed | |
Godel Terminal | Oct 2026Led | $5 MSeed | |
Sentient | Jul 2026Participated | $85 MSeed | |
Cluster Protocol | Apr 2026Led | $5 MOther Equity | |
Seismic | Nov 2025Participated | $10 MOther Equity | |
Berachain | Oct 2025Participated | $110 MOther Equity | |
Fluent Labs | Feb 2025Participated | $8 MSeed | |
zkPass | Oct 2024Participated | $13 MSeries A | |
ZEROBASE | Oct 2024Participated | $5 MOther Equity | |
DL Software | Aug 2024Led | $2 MSeed | |
Sahara AI | Aug 2024Participated | $43 MOther Equity | |
Sentient | Jul 2024Participated | $85 MSeed | |
Lombard | Jul 2024Participated | $16 MSeed |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 5 | 17 |
| Series A | 0 | 3 |
| Other Equity | 3 | 7 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Apr '22 | 1 |
| May '22 | 0 |
| Jun '22 | 0 |
| Jul '22 | 1 |
| Aug '22 | 0 |
| Sep '22 | 0 |
| Oct '22 | 0 |
| Nov '22 | 0 |
| Dec '22 | 0 |
| Jan '23 | 0 |
| Feb '23 | 1 |
| Mar '23 | 1 |
| Apr '23 | 0 |
| May '23 | 0 |
| Jun '23 | 2 |
| Jul '23 | 0 |
| Aug '23 | 2 |
| Sep '23 | 2 |
| Oct '23 | 1 |
| Nov '23 | 0 |
| Dec '23 | 0 |
| Jan '24 | 3 |
| Feb '24 | 2 |
| Mar '24 | 2 |
| Apr '24 | 3 |
| May '24 | 1 |
| Jun '24 | 1 |
| Jul '24 | 2 |
| Aug '24 | 2 |
| Sep '24 | 0 |
| Oct '24 | 2 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 1 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 1 |
| Nov '25 | 1 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 1 |
| May '26 | 0 |
| Jun '26 | 0 |
| Jul '26 | 1 |
| Aug '26 | 0 |
| Sep '26 | 0 |
| Oct '26 | 1 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| Crypto & Blockchain | 25 |
| Enterprise Software | 7 |
| Cybersecurity & Privacy | 5 |
| Networks, Cloud & Communication | 5 |
| AI & Machine Learning | 5 |
| Data, Analytics & IT | 4 |
| Fintech | 4 |
| Developer Tools | 4 |
| Social & Community Platforms | 2 |
| Real Estate & Construction | 1 |
| Transportation & Logistics | 1 |
| Hardware & Robotics | 1 |
| Marketing & Advertising | 1 |
| Media & Entertainment | 1 |
| Professional Services | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 12 |
| $5M-$10M | 11 |
| $10M-$25M | 6 |
| $25M-$50M | 2 |
| $50M-$100M | 3 |
| $100M-$250M | 1 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 9 of 9 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 24 |
| Europe | 3 |
| Cayman Islands | 2 |
| Canada | 1 |
| Australia | 1 |
| Singapore | 1 |
| 3000 | 1 |
| Israel | 1 |
| 75008 | 1 |
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.
| Co-investor | Shared deals |
|---|---|
| Polychain Capital | 13 |
| Nomad Capital | 9 |
| Symbolic Capital | 8 |
| Hack VC | 6 |
| OKX Ventures | 6 |
| Foresight Ventures | 5 |
| Mirana Ventures | 5 |
| Primitive Ventures | 5 |
| Geekcartel | 4 |
| IDG Capital | 4 |
| Amber Group | 3 |
| Arrington Capital | 3 |
| Canonical Crypto | 3 |
| Dispersion Capital | 3 |
| Framework Ventures | 3 |
| Matrix | 3 |
| Pantera Capital | 3 |
| Robot Ventures | 3 |
| Samsung Next | 3 |
| Sky9 Capital | 3 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 8 | 23% |
| Participating | 27 | 77% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 2 | 25% |
| Co-led | 6 | 75% |
Team
founder