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The Venture Codex

Overview

Blockchain messaging protocol for decentralized applications.

Founded

2021

Deals ยท 12mo

5

Stage focus

Seed

Geographic focus

United Kingdom
United States

Sector focus

Apps
Blockchain
Cryptocurrency
Software

Investment portfolio

7rounds
NAMEDATESIZE
Ekiden
May 2026Participated
$2 MSeed
DeFi United
Apr 2026Participated
$160 MOther Equity
Robin Markets
Apr 2026Participated
$0.47 MSeed
Obex
Nov 2025Led
$37 MOther Equity
Seismic
Nov 2025Participated
$10 MOther Equity
Kite
Sep 2025Participated
$18 MSeries A
Ubyx
Jun 2025Participated
$10 MSeed
Ekiden
May 2026Participated
$2 MSeed
DeFi United
Apr 2026Participated
$160 MOther Equity
Robin Markets
Apr 2026Participated
$0.47 MSeed
Obex
Nov 2025Led
$37 MOther Equity
Seismic
Nov 2025Participated
$10 MOther Equity
Kite
Sep 2025Participated
$18 MSeries A
Ubyx
Jun 2025Participated
$10 MSeed
7
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Insights

Time horizon

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Deal Distribution

LayerZero Labs: 7 funding rounds are recorded in the selected participation categories.All available history.
LayerZero Labs: 7 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed03
Series A01
Other Equity12

Monthly Deal Activity

LayerZero Labs: 7 deals are recorded across 17 months.All available history.
LayerZero Labs: 7 deals are recorded across 17 months. All available history
MonthDeals
Jun '251
Jul '250
Aug '250
Sep '251
Oct '250
Nov '252
Dec '250
Jan '260
Feb '260
Mar '260
Apr '262
May '261
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

LayerZero Labs: Crypto & Blockchain is the largest displayed sector by deal count (7 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.

LayerZero Labs: Crypto & Blockchain is the largest displayed sector by deal count (7 deals). All available history
SectorDeals
Crypto & Blockchain7
Fintech5
Networks, Cloud & Communication1
AI & Machine Learning1
Developer Tools1

Deal Size Distribution

LayerZero Labs: 7 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.

LayerZero Labs: 7 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M0
$10M-$25M3
$25M-$50M1
$50M-$100M0
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

LayerZero Labs: United States has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

LayerZero Labs: United States has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
United States5
Europe2
LayerZero Labs: 20 co-investors are shown, with Animoca Brands sharing 2 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.

LayerZero Labs: 20 co-investors are shown, with Animoca Brands sharing 2 recorded deals. All available history
Co-investorShared deals
Animoca Brands2
GSR2
8VC1
Aave Foundation1
Alchemy1
Alumni Ventures1
Amber Group1
Andreessen Horowitz1
Aptos Labs1
ATKA1
Avalanche Foundation1
Boku1
BSB1
Chorus One1
Coinbase Ventures1
Cube Exchange1
dao51
Dispersion Capital1
Essence VC1
Ethena1

Investment Strategy

LayerZero Labs: Led accounts for 14% and participating for 86% of round participation.All available history.
LayerZero Labs: Led accounts for 14% and participating for 86% of round participation. All available history
CategoryDeals (count)Share (%)
Led114%
Participating686%
LayerZero Labs: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
LayerZero Labs: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

Bryan Pellegrino

Co-founder & CEO

Caleb Banister

Co-founder

Rob Sadow

Angel Investor

Ryan Zarick

Coi-founder & CTO