Capital for the peoplebuilding the open internet.
We lead pre-seed and seed rounds for technical founders working on the base layers of Web3 — and stay in the room long after the wire clears.
- Pre-seed → Series A
- $250k – $3M first checks
- Infra · DeFi · Data · Consumer
- Meridia
- Tesselate
- Halyard
- Quorumkey
- Driftwave
- Parallax
- Fathompay
- Vantage
- Cinderlane
Thenextdecadeoftheinternetwillrunonopen,programmablemoneyandsharedinfrastructure.Webackthefounderslayingthatfoundationearly—whenconvictionmattersmorethanconsensus,andtherightpartnerchangesthetrajectoryofacompany.
Patient capital. Hands-on partnership.
Protocol design reviews, token engineering, security introductions and go-to-market — delivered by people who have shipped onchain products themselves.
- Companies backed since day one
- 64+
- Capital deployed across two funds
- $180M
- Follow-on rounds we have led
- 31
- Countries our founders build from
- 18
We invest early.Then we stay close.
- 01
Conviction at day one
We lead or co-lead the first institutional round, often before a token or a public product exists.
- 02
Operators, not observers
Partners with protocol, security and growth backgrounds work directly with your team every week.
- 03
A network as infrastructure
Auditors, exchanges, market makers and 140+ co-investors — introduced when they are useful, not for show.
- 04
Built for the long cycle
Reserves are set aside for follow-ons, so support does not disappear when the market turns.
Founders we back,from first commit.
Operators first.Investors second.
Every partner has built, scaled or secured an onchain product. That is the help we offer: specific, early and in the room.
Building something foundational?
Raising a round
Send a short deck and a few lines on why now. A partner reads every submission and replies within ten days.
Co-investing or LP
We share allocation with a small group of aligned funds and family offices. Tell us how you invest.