VC Directory

Centrality builds blockchain infrastructure from New Zealand. Focus on making blockchain accessible for mainstream applications.

Focused on DeFi infrastructure and decentralized governance through QDAO DeFi, investing in projects that advance financial decentralization.

Investing in blockchain enterprise solutions through Bloxico, focused on bringing blockchain technology to traditional industries in Ireland and Europe.

Investing in the ownership economy at Variant Fund. Focuses on projects that shift value capture from platforms to users through token-based models.

Investing across the crypto stack at Blockchain Capital, one of the oldest crypto-focused funds. Focuses on infrastructure and application layers of blockchain technology.

Managing Partner at CoinFund, investing across the crypto stack from infrastructure to applications. Focuses on projects with novel business models enabled by tokens.

Investment Director at Binance Labs, evaluating and leading investments across the Binance ecosystem.

Infrastructure, DeFi, and AI x crypto. Previously co-led Dragonfly before starting Hack VC.

Investing in crypto infrastructure and digital assets through Hash CIB, one of Russia/CIS's most established crypto financial firms.

Co-founder of Hack VC, investing in crypto infrastructure and developer platforms. Believes the next wave of crypto adoption is driven by better developer tooling and infrastructure.

AI x crypto intersection, decentralized compute, infrastructure. Believes in AI-blockchain convergence.

Crypto infrastructure and network formation. Focus on how crypto networks bootstrap.

Supporting blockchain innovation in Central Asia through BNB Chain's MVB program. Focused on growing the BNB Chain ecosystem in underserved markets.

Former Head of Solana Ventures and FTX Ventures. Known for institutional crypto deals and ecosystem investing.

Crypto infrastructure and applications. Focus on the next generation of crypto-native companies.

Investing in crypto infrastructure and applications at Canonical Crypto. Focused on early-stage projects building foundational crypto technology.

Solana founder. Believes in high-performance monolithic blockchains over modular approaches.

Thesis-driven investing at the intersection of DeFi and trading infrastructure. Mechanism Capital focuses on DeFi protocols, derivatives, and novel financial primitives. Known for deep technical analysis and contrarian bets.

NFTs, metaverse, and digital ownership. One of the first NFT-focused funds.

Investing in early-stage tech and blockchain startups in the Baltics through Tera Ventures, leveraging Estonia's leading digital governance expertise.

Co-founder of Delphi Digital and Delphi Ventures. Thesis-driven investing informed by deep crypto research and data analysis.

Check: $1M-$100M+ (from a16z's $5.2B AI fund, largest sector allocation in 2026)

Leads a16z's AI investments from the $5.2B AI allocation — the firm's largest sector bet ever. Anjney came to AI from an unusual path: he previously led a16z's crypto gaming investments, giving him deep understanding of platform transitions, virtual economies, and consumer behavior in digital worlds. His AI thesis is built on the belief that AI is a platform shift as significant as mobile or cloud — and that the biggest opportunities are at both the infrastructure layer (foundation models, training, inference) and the application layer (consumer AI, AI agents, vertical applications). Particularly bullish on consumer AI as a social phenomenon — Character.ai embodies this, where AI characters become companions and social interactions, not just tools. Believes open-weight models (Mistral, Meta's Llama) will create an ecosystem similar to open-source software, where the most innovative applications are built on open foundations. Views gaming as a leading indicator for AI adoption — games were the first consumer products to adopt AI-generated content, AI NPCs, and AI-powered user experiences.

Investing in deep tech and blockchain convergence at Big Pi Ventures, focused on the Greek and European tech ecosystem.

Investing in regional funds and startups through Al Waha Fund of Funds, supporting the Bahrain fintech and blockchain ecosystem as a gateway to the Gulf.

Crypto market structure, infrastructure, TradFi-DeFi intersection.

Investing in Web3 infrastructure and digital assets across Asia-Pacific at HashKey Capital. Focus on emerging blockchain ecosystems and cross-chain solutions.

Co-founded BitMEX, pioneered crypto perpetual futures. Now runs Maelstrom fund investing in DeFi and crypto infrastructure. Known for macro-driven crypto thesis and provocative market commentary.

Focuses on crypto infrastructure and protocols that enable new types of coordination. Archetype backs technical founders at the frontier of crypto.

Developer ecosystems and data-driven investing. Publishes Electric Capital Developer Report.

Investing in blockchain and digital assets across the MENA region at Cypher Capital. Focused on building Dubai as a global crypto hub.

Network states, crypto as the foundation for digital nations and decentralized governance.

European crypto investing. DeFi, infrastructure, and zero-knowledge proofs.

Building the foundation of the digital asset ecosystem through DCG's portfolio of companies. DCG is the parent company of Grayscale, Genesis, CoinDesk (sold), and Foundry, touching nearly every aspect of the crypto industry.

Co-founded Blockchain Capital in 2013, one of the first dedicated crypto funds. Long-term believer in Bitcoin as digital gold and blockchain as transformative infrastructure.

DeFi infrastructure and digital asset management. Bridges institutional capital and DeFi.

Built MultiversX (formerly Elrond) as a sharded L1 blockchain. MultiversX Capital invests in projects building on the MultiversX ecosystem.

Co-founded Mechanism Capital focusing on DeFi and trading infrastructure. Combines trading experience with venture investing.

Fenbushi Capital was one of the first China-based blockchain VCs, founded in 2015 with Vitalik Buterin as an advisor. Invests broadly across blockchain infrastructure and applications.

Strategic investments from Crypto.com Capital, the investment arm of one of the world's largest crypto platforms. Focused on ecosystem expansion and strategic portfolio building.

Co-founded Blockchain Capital alongside his twin brother Bart. Focuses on venture-stage blockchain companies with strong management teams and clear business models.

Leads Kraken Ventures, the investment arm of Kraken exchange. Invests in infrastructure and DeFi.

DeFi-native investor at Framework Ventures. Focuses on programmable finance and novel DeFi protocols that create new financial primitives.

Check: $1M-$100M+ (multi-stage, BVP has $3.6B+ under management)

The cloud computing investor. His annual 'State of the Cloud' report is the definitive industry reference for cloud/SaaS metrics. Bessemer's 'Cloud Atlas' benchmarking tool is used by thousands of SaaS companies. The firm publicly lists its 'Anti-Portfolio' — companies they passed on (including Apple, Google, Facebook, Intel) — as a reminder of humility. Data-driven, metrics-obsessed approach to SaaS investing. Has been investing in cloud for over two decades, since before 'cloud' was even a common term. Believes AI will fundamentally transform labor-intensive enterprise processes and that the next generation of cloud companies will be 'AI-native' rather than AI-augmented. BVP created the BVP Nasdaq Emerging Cloud Index (EMCLOUD) tracking public cloud companies — a widely referenced industry benchmark. Byron sees vertical SaaS (purpose-built cloud for specific industries) as one of the largest remaining opportunities.

Pioneer in metaverse and spatial computing strategy. Focuses on the intersection of blockchain, virtual worlds, and immersive technology.

Investing in crypto infrastructure and DeFi at Dragonfly. Focused on the intersection of technology and narrative in crypto markets.

DeFi infrastructure, MEV, protocol economics. Intersection of market microstructure and blockchain design.

Crypto valuation frameworks and portfolio theory. Co-creator of Placeholder's crypto thesis.

Check: $1M-$100M+ (from $2B+ crypto funds — 5th fund raising in 2026)

The crypto conviction investor. Founded and leads a16z's crypto practice, which has deployed billions across five funds. Author of 'Read Write Own' (2024), arguing that blockchain enables a new era of internet ownership — the 'own' in 'read, write, own.' Just as the read-only web (Web 1.0) gave way to the read-write web (Web 2.0/social media), the next era is one where users can own their digital assets, identities, and communities through blockchain. Believes crypto goes through 'price-innovation cycles' — price increases attract attention and talent, which drives innovation, which creates real utility, which eventually drives the next price cycle. Has maintained conviction through multiple crypto winters, arguing that the technology's utility compounds regardless of price. Before crypto, Chris was one of the most influential thinkers in tech investing — his blog (cdixon.org) was arguably the most important startup blog of the 2010s, producing frameworks like 'the next big thing will start out looking like a toy' and 'come for the tool, stay for the network.' Believes crypto is entering its 'financial era' — where blockchain-based financial applications (stablecoins, DeFi, tokenized assets) prove real-world utility at scale.

Institutional-grade crypto investment across the full capital structure. Focuses on bridging traditional finance and digital assets.

Investing in crypto infrastructure and emerging protocols at Hack VC. Focuses on technical due diligence and identifying strong engineering teams.

Investing in early-stage crypto protocols and infrastructure at 1kx. Focused on community-owned and operated networks.

Institutional crypto advocate and investor at CoinFund. Focuses on bridging traditional financial markets infrastructure with crypto.

Consumer crypto, memecoins, and crypto culture. One of the most influential crypto personalities.

CMT Digital is the crypto venture arm of CMT Group, a proprietary trading firm. Invests in infrastructure, DeFi, and digital asset trading.

AirTree is one of Australia's top VCs, with a dedicated web3 thesis. Invests in blockchain infrastructure and gaming, including early backing of Immutable and Fantom.

Leading crypto market making and trading operations at GSR Markets, with a strategic investment arm backing infrastructure and DeFi projects.

Co-founder of Electric Capital. Uses data-driven analysis to identify the most promising crypto ecosystems by tracking developer activity and code commits.

Co-founded Nascent as a crypto-native fund investing in DeFi and infrastructure. Thesis-driven with a focus on protocols that create new financial primitives.

Crypto fund of funds and early-stage investing. Pioneer crypto VC.

DeFi mechanism design, AMM theory, MEV research. Novel financial primitives and their mathematical foundations.

Crypto researcher and investor with deep expertise in on-chain data analysis. Known for detailed research on DeFi protocols and market microstructure.

Adaverse invests in blockchain projects building on Cardano across Africa. Focus on financial inclusion and real-world blockchain applications.

Building Swiss-based blockchain infrastructure and investment vehicles at Helvetia Labs, focused on bridging traditional Swiss finance with crypto innovation.

Bitso is Mexico's and Latin America's leading crypto exchange. Bitso Ventures invests in crypto and fintech across Latin America.

Invests in foundational crypto infrastructure and protocols at the earliest stages. Archetype focuses on technical founders building at the frontier of crypto — L1s, L2s, ZK tech, and novel consensus mechanisms.

Data-driven crypto research. On-chain metrics, developer activity, ecosystem health. State of Crypto reports.

CIO at Nascent, managing the fund's liquid and venture portfolio across crypto markets.

Investing in web3 and crypto at CoinFund. Focuses on consumer-facing applications and platforms that bring web3 to mainstream users.

Check: $1M-$50M

Pioneered 'Bottom-Up SaaS' — the strategy of applying consumer growth tactics to B2B products. At PayPal he learned viral distribution; at Yammer he proved it could work in the enterprise, growing from zero to $56M ARR in under four years before selling to Microsoft for $1.2B. The core filter is predictable, compounding recurring revenue with strong unit economics. Invented the 'Burn Multiple' metric (net burn / net new ARR) that has become an industry-standard efficiency benchmark. Believes the best SaaS companies combine the growth potential of B2C with the enterprise budgets of B2B. Invested in 20+ unicorns. Operator-investor who thinks in SaaS metrics and has published detailed frameworks (Burn Multiple, Difficulty Ratio, The Cadence, Pipeline Metrics) that founders can reverse-engineer. Recently transitioned from General Partner to Venture Partner at Craft as the firm moved away from seed-stage investing.

Check: $500K-$5M (recently raised a $550M fund in Oct 2025, significantly larger than previous funds)

One of the most active and respected seed investors in NYC. Co-founded TechStars NYC (now Techstars NYC), deeply embedded in the New York startup ecosystem since its earliest days. Known for being highly accessible, fast to decide, and genuinely helpful post-investment. Just raised a $550M fund (Oct 2025) — a massive step up from previous funds, signaling BoxGroup's evolution from small seed fund to significant early-stage player. Not thesis-driven — David reacts to founders and ideas he finds compelling rather than fitting investments into a predefined framework. This flexibility has served him well — his portfolio spans fintech (Plaid), healthcare (Oscar, Ro), consumer (Harry's, Away), and more. The common thread isn't sector but founder quality and early product-market fit signals. David is deeply connected to the NYC startup ecosystem and has helped shape it over the past 15+ years. He's often one of the first calls founders make when starting a company in New York.

Investing in blockchain and Web3 startups in Italy through the Italian Angels for Growth network. Focused on bringing Italian innovation to the global crypto stage.

Investing in early-stage blockchain projects at Eden Block, with a focus on European crypto ecosystem development and infrastructure.

Investing in digital asset infrastructure and Web3 projects at HashKey Capital. Focuses on Asia-Pacific crypto ecosystem development.

Investing in blockchain and digital finance in Sri Lanka, focused on leveraging blockchain for economic development and financial infrastructure modernization.

Leading digital asset investment and custody services at Bitcoin Suisse Ventures, focused on the Swiss and European crypto ecosystem.

Formerly the creator of Terra/Luna, focused on algorithmic stablecoins and DeFi infrastructure. Currently facing legal proceedings related to Terra's collapse.

OKX Ventures invests in blockchain infrastructure, DeFi, and Web3 globally. As the venture arm of OKX exchange, focuses on projects that advance the open and decentralized web.

Co-founder of Hack VC, focused on deep tech and infrastructure in crypto. Brings a Silicon Valley tech investor perspective to blockchain investing.

Crypto infrastructure, developer platforms, open source and crypto incentives.

Israeli tech and web3 infrastructure.

Check: $500K-$10M+ (flexible, has written checks as large as $50M+ in later-stage co-investments)

One of the largest and most successful solo GP funds ever ($1B+). Unusually dense hit rate across breakout companies — has invested in more unicorns than most institutional funds. Invests based on pattern recognition from decades of operating and investing. Moves fast, decides fast — known for making investment decisions in a single meeting. Written 'The High Growth Handbook,' the definitive guide on scaling from Series B to IPO. Being on your cap table is a strong signal to other investors — 'Elad Gil is on the cap table' has become a credibility marker in Silicon Valley. Currently most excited about AI as a platform shift comparable to mobile and cloud. Has shifted from primarily angel investing to writing larger checks ($5-50M+) as his fund has grown. Views the current AI wave as the most important technology shift since the internet.

Invests across the full web3 stack with a focus on infrastructure, DeFi, and gaming. Binance Labs serves as the venture capital and incubation arm of Binance, one of the largest crypto exchanges globally.

SevenX Ventures invests in crypto infrastructure and DeFi from Asia. Focus on ZK technology and cross-chain solutions.

Reciprocal Ventures invests in web3 infrastructure and applications.

Bitpanda is Europe's leading digital asset platform. Bitpanda Ventures invests in crypto and fintech across Europe from Vienna.

Building the open metaverse through strategic investments at Animoca Brands. Focuses on digital property rights and gaming infrastructure.

Investing in early-stage crypto infrastructure and applications at Portal Ventures. Focused on backing technical founders building at the frontier of blockchain technology.

Trading infrastructure, DeFi liquidity, and market microstructure. Wintermute is one of the largest crypto market makers.

Investing in blockchain infrastructure and Web3 startups in East Africa, focused on the Tezos ecosystem and broader blockchain adoption in Kenya and the region.

Consumer crypto, crypto gaming, and onchain culture.

Investing in blockchain infrastructure and tokens at Pantera Capital. Focuses on protocol-level investments with long-term value creation potential.

Protocol-level investments and new financial primitives. Open-source money, programmable economics, governance, mechanism design.

Check: $1M-$25M

Backs 'trusted brands that broaden access to knowledge, capital, and well-being by leveraging networks, platforms, and protocols.' The access thesis is the through-line: every investment should make something important more accessible to more people. Willing to invest in companies without a business model if the product will attract millions. Lives with uncertainty. Now investing in climate tech (both bits and atoms) through a dedicated fund. Fred is thesis-driven — USV publishes its investment thesis publicly and updates it periodically. Each fund has a specific thesis, and every investment must fit. Historically moved through phases: Web 2.0 networks → mobile → crypto/web3 → climate. One of the earliest VCs to take crypto seriously (invested in Coinbase in 2013). Co-founded USV with Brad Burnham in 2003 after learning hard lessons from the dot-com bust at Flatiron Partners.

YGG is the largest blockchain gaming guild, pioneering the play-to-earn economy. YGG Ventures invests in gaming, metaverse, and the creator economy in web3.

Pioneer of digital currency adoption in the Caribbean. Founded the first Bitcoin company in Barbados and advised the Eastern Caribbean Central Bank on their digital currency project.

Investing in blockchain and digital finance in Mongolia through Ard Financial Group, focused on bringing modern financial infrastructure to the Mongolian market.

Check: $500K (standard YC deal: $500K for ~7% equity via SAFE). Also invests via YC Continuity Fund at later stages.

Builder-designer-investor. 'Make something people want' is the entire thesis — inherited from Paul Graham's YC founding philosophy and now amplified by Garry's builder ethos. Believes we're in a golden age where a single person with AI can build what used to take a team of 20 — the '20x company' thesis. Previously co-founded Posterous, was a partner at YC, then founded Initialized Capital (early Coinbase, Instacart, Cruise, Flexport). Returned to lead YC in January 2023 after the Sam Altman / Geoff Ralston era. Strong emphasis on craft, design, and actually shipping. Has repositioned YC to be even more founder-friendly: increased deal size to $500K, expanded batch sizes, launched new programs. Believes YC's most important function is community — connecting founders with each other and with the alumni network. Politically active in San Francisco — ran for mayor-adjacent roles and advocates for pro-building, pro-business policies in SF.

Systems engineering, Ethereum infrastructure, developer tooling. Key contributor to Ethereum Rust ecosystem.

Building crypto exchange and investment infrastructure in the Caucasus and CIS region through Free2ex, focused on regional blockchain adoption.

Institutional crypto pioneer. North Island Ventures bridges Wall Street capital with crypto innovation.

Pioneer of crypto exchange infrastructure in Latin America through Buda.com. Now investing in blockchain projects across the LATAM region.

Investing in blockchain and digital asset projects at HashKey Capital with a focus on the Greater China and Southeast Asian crypto ecosystem.

Infrastructure, DeFi, and crypto gaming. Clear thinking and good writing.

Check: $1M-$100M+ (multi-stage, GC manages $25B+)

'Responsible innovation' thesis: technology should solve real problems for real people, not create consumer distractions. Strong health and enterprise focus. Author of 'Unscaled' — argues that technology is unscaling the economy, allowing small, nimble companies to compete with large incumbents by renting scale (cloud, AI, platforms) rather than building it. Recently evolved GC into a 'global transformation company' — not just investing but also building internal ventures, acquiring companies, and providing 'transformation services' to portfolio companies and external partners. This is a controversial evolution — GC is now part VC, part PE, part consulting firm. Hemant believes the traditional VC model is outdated and that the next great investment firm needs to do more than write checks. Backs companies that endure and compound over decades. Deep conviction that AI will transform healthcare, reducing costs 10x while improving outcomes. Views technology as a tool for social good, not just wealth creation.

Woodstock Fund invests in blockchain infrastructure from India. Early backers of Polygon and other Indian-origin crypto projects.

Web3 gaming from Japanese perspective.

Head of Coinbase Ventures, one of the most active corporate crypto investors globally. Coinbase Ventures takes a portfolio approach, investing across the entire crypto stack.

Growth-stage crypto investing at Galaxy Digital. Focuses on scaling proven crypto businesses and protocols into institutional-grade platforms.

Building blockchain-based payment and loyalty solutions through ARI10, focused on bridging traditional retail with cryptocurrency.

Co-founded Alliance DAO as an accelerator for crypto startups. Focus on consumer crypto and DeFi applications.

Investing in privacy and security-focused blockchain projects through the Tresorit Web3 Fund, leveraging deep encryption expertise.

Investing in ownership economy and user-owned networks at Variant Fund. Believes in shifting value capture from platforms to users and contributors.

Superscrypt is Temasek's crypto venture arm, investing in blockchain infrastructure from Singapore.

Web3 infrastructure, data markets, and token-based business models.

Investing in Web3 and blockchain projects in the Australian and APAC startup ecosystem through AirTree Ventures, one of Australia's top VC firms.

Strategic investments in gaming and metaverse at Animoca Brands. Focuses on scaling blockchain gaming ecosystems and building interoperable virtual economies.

Founded DFG to invest in blockchain infrastructure and digital assets globally. Bridges Eastern and Western crypto ecosystems with a focus on protocol-level investments.

AppWorks is Taiwan's leading accelerator and VC, with a dedicated web3 track. Investing in blockchain startups across Southeast Asia.

Web3 infrastructure and DeFi from European perspective.

Investing in the future of digital assets and blockchain infrastructure at Galaxy Digital. Also known for founding Blockworks, a leading crypto media company.

Leading blockchain investments at OKX Ventures, the investment arm of one of the world's largest crypto exchanges. Focuses on projects that expand the OKX ecosystem.

Check: $500K-$200M (sweet spot ~$25M)

Coined the 'Systems of Intelligence' framework in his landmark 2017 blog post 'The New Moats' — the idea that AI and data create competitive advantages by sitting between systems of record (databases) and systems of engagement (apps). The intelligence layer crosses multiple data sets and multiple systems of record to predict behavior, churn, LTV, or serve timely content. This layer is where value accrues and where startups build defensible moats through data network effects. Updated the thesis in 2023 with 'The New New Moats,' addressing how foundation models and LLMs change the equation: open-source LLMs shift value to apps and infrastructure around the models, but startups risk 'thin IP' if they're just wrappers around ChatGPT. Also developed the 'Unit of Value' framework — the smallest measurable unit at which your product delivers value — which determines how you price, scale, and sell. Believes good investors must be optimists, and VCs get in trouble when they move outside their 'strike zone.'

Supporting blockchain and digital innovation in Myanmar through Phandeeyar, focused on using technology for social impact in a challenging environment.

DAO tooling, social tokens, creator economy. Building the DAO accelerator ecosystem.

Ownership economy. Users should own a stake in the networks they contribute to.

Co-founded Bitmain, the world's largest Bitcoin mining hardware manufacturer. Now leads Matrixport, a digital asset financial services platform.

Infrastructure and DeFi in both Asian and Western markets. Bridge between East and West crypto.

Investing in blockchain infrastructure and tokens at Polychain Capital, one of the most prominent crypto-native funds.

Fat protocol thesis and web3 infrastructure. Co-founder of Placeholder with Chris Burniske.

DeFi, prediction markets, protocol design. Creator of Augur.

Web3 social, creator economy, consumer crypto.

Crypto research and quantitative analysis. Focus on tokenomics and protocol design.

Building the decentralized future on Ethereum. ConsenSys is both a software company and a venture studio, creating foundational Ethereum infrastructure including MetaMask, Infura, and Linea.

Check: $500K-$3M (seed only)

The seed-stage specialist. Invests earliest and deepest at seed — First Round was one of the firms that pioneered institutional seed investing. Built First Round into a platform that punches well above its check size — extensive founder community (~1000 active founders), expert network (First Round Network), and operational support. First Round Review (their media arm) produces some of the best tactical startup content anywhere — deeply researched guides on hiring, product, management, and go-to-market. Believes the best seed investors win by helping, not just funding. Josh's personal background as a serial entrepreneur (Half.com, Infonautics) gives him deep empathy for founders. He's lived the founding journey and knows what early-stage companies actually need. First Round's community model is a key competitive advantage — founders help each other, creating a network effect that makes the fund more valuable with every new investment. Known for being one of the most founder-friendly VCs — fast to respond, honest about passing, and genuinely helpful when invested.

Check: $1M-$50M+

'Atoms, not bits.' The biggest opportunities are in companies that manipulate the physical world, not just software. Willing to fund multi-year R&D timelines. Just raised the firm's largest fund ever ($1.5B, Jan 2026, oversubscribed). Invests at the intersection of science and engineering where structural technical advantages create durable moats. Core belief: the 'directional arrow of progress' in science is inevitable — you can bet on where science is going because it only moves forward. Lux looks for 'narrative violations' — moments when consensus is wrong and reality is about to prove it. Josh believes the best founders have 'a secret' — proprietary technical insight that others can't see or don't believe. Has been vocal that the defense tech renaissance is just beginning, not a trend.

Building crypto exchange and investment infrastructure in Malaysia through MX Global, focused on regulated digital asset trading and investment in Southeast Asia.

Investing in early-stage tech and blockchain startups in Chile and Latin America through Platanus Ventures, bringing Silicon Valley VC practices to LATAM.

Blockchain research and investment at HashKey Capital. Brings rigorous research methodology to evaluating crypto projects across the APAC region.

SNZ Holding invests in blockchain infrastructure and DeFi from Shanghai. Active in Polkadot and cross-chain ecosystems.

Jump Crypto was the crypto arm of Jump Trading, one of the world's largest quantitative trading firms. Focused on building infrastructure, particularly cross-chain bridges and DeFi protocols.

Building the Hedera ecosystem in the MENA region through HBAR Foundation grants and investments. Focused on enterprise blockchain adoption in the Arab world.

Check: $1M-$100M+ (from $2.5B+ American Dynamism fund)

Leads a16z's American Dynamism practice — a $2.5B+ fund (expanded from $600M in 2023) backing companies that support national interests. Believes the most important companies of the next decade will be built at the intersection of technology and national security. Patriotic tech thesis: the best founders don't just build for consumers, they build for the country. Katherine argues that Silicon Valley abandoned hard, important problems for consumer social apps and that the pendulum is swinging back. The name 'American Dynamism' is intentional — it's about restoring the dynamism that built America's infrastructure, defense, and industrial capacity. She sees a generational opportunity as government procurement modernizes and defense budgets prioritize technology over legacy systems. Has written extensively about how the best founders she meets are motivated by mission, not just money.

Crypto regulation, compliance, and institutional adoption. Former DOJ prosecutor.

Spartan Group is a multi-strategy crypto fund based in Singapore, investing in DeFi, gaming, and infrastructure across Asia and globally. Known for advisory work and token launches.

Investing in crypto infrastructure and developer platforms at Electric Capital. Focuses on projects that expand the crypto developer ecosystem.

Investment in early-stage blockchain companies and tokens.

DeFi protocols, token economics, governance design. Sustainable DeFi models.

Africa Blockchain Fund invests in blockchain projects across Africa from Ghana. Focuses on financial inclusion and real-world blockchain applications for African markets.

Thesis-driven investing. Crypto as coordination layer for the internet. Fat protocol thesis. Early Solana bull. DePIN evangelist.

Investing in early-stage blockchain projects at DFG with a focus on DeFi, infrastructure, and emerging crypto ecosystems.

Token-based business models and early-stage investing. One of Europe's top crypto VCs.

Creator economy, passion economy, crypto-enabled creator business models.

Newtown Partners invests in blockchain companies across Africa and globally from Cape Town. Early backers of Luno and VALR, two of Africa's largest crypto exchanges.

Co-founded KyberSwap, one of the first decentralized exchanges. Kyber Ventures invests in DeFi and blockchain infrastructure, with deep roots in the Southeast Asian crypto ecosystem.

Zero-knowledge cryptography, privacy protocols, ZK-rollups.

Investing in DeFi and crypto infrastructure at Delphi Ventures. Focuses on technical evaluation of protocols and smart contract systems.

Investing in early-stage tech and blockchain startups across MENA at Shorooq Partners. Focused on digital infrastructure and fintech for the Arab world.

Check: $1M-$50M+

Leads Kleiner Perkins' enterprise practice. Previously at Social Capital where he led the Slack and Figma investments — two of the most product-obsessed enterprise companies ever built. Strong product-first culture: believes the best enterprise companies feel like consumer products. The enterprise should be delightful, not just functional. Mamoon's core insight: enterprise software was historically sold top-down (CIO buys for the company), but the best modern enterprise companies grow bottom-up (individual users love the product, it spreads through the organization, and eventually the company buys an enterprise license). This 'product-led growth' (PLG) pattern defined Slack, Figma, Notion, and many of the best enterprise companies of the last decade. Now at Kleiner Perkins, Mamoon applies this same lens to AI-native enterprise products — looking for AI tools that are so delightful and useful that they spread organically within organizations.

Built Lemon Cash into Latin America's leading crypto app with 2M+ users. Lemon Ventures invests in crypto infrastructure for emerging markets.

Crypto index investing and institutional adoption in LatAm.

Investing in crypto infrastructure at Electric Capital. Uses developer activity data and ecosystem analysis to make investment decisions.

Investing in blockchain and digital payment infrastructure in the Nordics. Brings deep experience from building crypto payment rails in Europe.

President of DCG, overseeing operations across the digital asset conglomerate.

Investing in Web3 and blockchain projects in the Nordics and broader European ecosystem. Bridges traditional Nordic tech investing with crypto opportunities.

Check: $1M-$100M+ (leads a16z's $1.25B+ infrastructure fund)

Leads a16z's infrastructure practice and is one of Silicon Valley's most technically credible VCs, having built VMware NSX and pioneered software-defined networking. Invests 'from markets in' rather than 'from companies out' — he maps massive market opportunities first, then finds founders who can serve them. Believes AI is analogous to 1996 of the internet boom with years of growth still ahead. Sees the AI coding market alone as a potential $3 trillion opportunity. Vocal advocate for open source in AI — co-authored a piece in The Economist with Ion Stoica arguing open source is critical to AI's future. Deeply concerned about Chinese dominance in open-source AI models (claims ~80% of his portfolio companies use Chinese open-source models). Thinks AI value will ultimately accrue at the application layer more than the model layer, drawing parallels to how SaaS-era startups captured more value at the application layer than infrastructure. Believes AI is fundamentally changing SaaS pricing from per-seat to outcome-based models. Champions spatial intelligence as AI's next frontier (deeply involved with World Labs / Fei-Fei Li).

Zee Prime Capital is a remote-first crypto fund investing in infrastructure and DeFi. Known for deep technical analysis and early Solana ecosystem conviction.

CV VC invests in blockchain companies from Crypto Valley (Zug, Switzerland). Focus on enterprise blockchain, L1 protocols, and Swiss crypto ecosystem development.

Backs transformative crypto protocols and infrastructure. Crypto is the most important tech revolution since the internet.

Investing in blockchain and digital finance for emerging markets development at Mercy Corps Ventures. Focused on crypto solutions for financial inclusion and humanitarian applications.

Applies rigorous economic theory and mechanism design to crypto investing. Focuses on projects where game theory and incentive alignment are core to the value proposition.

Bitcoin infrastructure, stablecoins, and pragmatic crypto investing.

Investing in the Solana ecosystem at Colosseum, the organization behind Solana hackathons. Focused on discovering and nurturing early-stage Solana builders.

Co-leads Spartan Group's investment and advisory practice. Focus on token design, go-to-market strategy, and connecting projects to the Asian crypto ecosystem.

Bitcoin and institutional crypto investment thesis.

Solana ecosystem, developer education, and infrastructure.

DeFi governance and token economics. Active DeFi governance participant.

Pioneer of crypto adoption in Ukraine. Building crypto exchange and blockchain infrastructure for Eastern Europe through CryptoDex.

Macro crypto thesis, institutional crypto adoption. Galaxy Digital founder.

Amber Group combines crypto trading, lending, and venture investing. One of Asia's largest digital asset platforms.

Check: $1M-$50M+

Grew up in Venezuela during hyperinflation and institutional collapse. That lived experience of broken money systems drives everything. Mantra: 'The world needs more financial innovation and less financial engineering.' Backs 'rebels' who challenge incumbent financial institutions. Shifting thesis from last decade ('giving people access to money') to this decade ('contextual money' — tailoring financial services using data, AI, and personalized interfaces). Views Ribbit as a startup that deploys capital, not a traditional VC firm. Has said that every generation reinvents financial services and that the best fintech companies don't just digitize existing services — they create entirely new financial behaviors. Deeply global in orientation — has backed companies across the US, Brazil, Mexico, India, UK, Canada, and more.

Crypto media veteran turned investor and advisor. Deep understanding of crypto narratives, community building, and go-to-market strategies.

SCB 10X is the venture arm of Siam Commercial Bank (SCB), Thailand's oldest bank. Invests in blockchain, DeFi, and digital assets to bridge traditional finance with crypto.

SVC is Saudi Arabia's government-backed venture capital fund, with growing interest in fintech and digital assets.

Crypto as the native money of the internet. Believes in Bitcoin and Ethereum as protocols for digital money and digital trust.

Bitcoin infrastructure, stablecoins, and crypto data analytics. Known for Bitcoin advocacy and UTXO research.

Investing in early-stage web3 projects at Haun Ventures. Brings extensive seed-stage investing experience from web2 to the crypto ecosystem.

Crypto-native consumer products and decentralized governance. Pioneer crypto-native VC.

Concentrated, conviction-driven crypto investing. Backs projects building fundamental infrastructure for decentralized systems with a long time horizon.

Investing in impact-driven blockchain and Web3 projects at Norrsken Impact Fund, focused on using technology to solve global challenges.

Investing in blockchain projects across the Pacific Islands and Oceania region, focused on financial inclusion and digital infrastructure for island nations.

ZK proofs, privacy infrastructure, developer tooling. Privacy is a fundamental right and crypto's key unsolved problem.

Investing in DeFi and crypto infrastructure at Framework Ventures. Focuses on protocols that expand the design space of decentralized finance.

Collider Ventures invests in blockchain from Tel Aviv. Israel's strong cybersecurity talent pipeline feeds into crypto innovation.

Crypto protocols are the native business model of the internet. Protocol-level investments, governance tokens, cross-chain infrastructure.

Co-founded CV VC in Crypto Valley, Switzerland. Focused on enterprise blockchain and Swiss crypto ecosystem development.

Tokocrypto is Indonesia's leading crypto exchange. Tokocrypto Ventures invests in web3 projects targeting Southeast Asian markets.

Distributed Global invests in blockchain from Estonia, one of Europe's most digitally advanced nations.

Broadly focused crypto VC. One of the most prolific investors in the space.

Community-first crypto investing at 1kx. Believes in the power of token-aligned communities as the fundamental unit of crypto's success.

Check: $1M-$100M+ (multi-stage, also invests personally and through Thiel Capital)

The original contrarian VC. 'We wanted flying cars, instead we got 140 characters.' Seeks companies that can become category-defining monopolies in markets others ignore. First principles thinking is non-negotiable. The key question: 'What important truth do few people agree with you on?' Backs revolutionary technology, not incremental improvements. The Venn diagram of 'right' and 'different' is where he invests. Thiel's intellectual framework is deeply philosophical — draws from René Girard's mimetic theory (competition is imitation, and imitation destroys value), Leo Strauss, and libertarian economics. Founders Fund's motto: 'We wanted flying cars, instead we got 140 characters' — a critique of Silicon Valley's focus on trivial consumer apps instead of transformative technology. Thiel distinguishes between 'definite optimism' (having a concrete plan to build a better future) and 'indefinite optimism' (vaguely hoping things get better). He champions the former. Created the Thiel Fellowship ($100K grants for young people to drop out of college and build companies) — alumni include Vitalik Buterin (Ethereum), Austin Russell (Luminar Technologies), and others.

Crypto-native researcher and investor at Delphi Ventures. Focuses on metaverse, gaming, and culture layers of web3.

Woodstock Fund is one of India's earliest crypto-native VCs. Focuses on infrastructure, DeFi, and projects with global reach but India connections. Early backers of Polygon.

Focuses on consumer crypto applications and protocols that drive mass adoption. Believes the next wave of crypto will be driven by consumer-facing products, not infrastructure. Alliance accelerates crypto startups through intensive mentorship programs.

Daftar invests in tech and web3 across South Asia and MENA. One of the few funds bridging Pakistan's tech talent with global crypto opportunities.

Solana co-founder. Focus on business development and ecosystem growth.

Supporting blockchain and Web3 startups in Egypt and North Africa through Flat6Labs, one of MENA's largest accelerators.

Digital asset management bridging traditional and crypto finance. Focus on liquid tokens and DeFi yield.

Focuses on open network builders and new market structures. Believes in backing founders building protocol-level infrastructure and novel token economic models that create entirely new markets.

General Partner at Fenbushi, focusing on infrastructure and DeFi investments. Bridges Western and Asian crypto ecosystems.

Investing in web3 and digital assets at Haun Ventures. Focuses on projects at the intersection of crypto, policy, and mainstream adoption.

Open-source networks and web3 infrastructure.

Investing in crypto infrastructure and security at Dragonfly. Focuses on foundational technology that makes crypto safer and more scalable.

Built Immutable as the leading web3 gaming platform. Immutable Ventures invests in blockchain gaming and NFT infrastructure from Australia.

Blockchain gaming and digital entertainment. Animoca Brands executive.

Founder-investor perspective at Robot Ventures. Deep expertise in DeFi, having built one of the most important DeFi protocols (Compound). Backs founders building foundational DeFi infrastructure.

Investing in blockchain infrastructure and digital assets at Lemniscap, with a focus on European and global crypto ecosystem development.

NGC Ventures co-founding partner. One of the earliest institutional blockchain investors in Singapore.

DeFi researcher and investor at Framework Ventures. Deep quantitative approach to evaluating DeFi protocols and their economic sustainability.

Co-founded SevenX Ventures focused on blockchain infrastructure and ZK technology from Asia.

Crypto data infrastructure and the institutionalization of digital assets.

Dialectic is a crypto-native fund focused on DeFi and infrastructure. Known for deep involvement in protocol governance and early Polkadot ecosystem.

Formerly one of crypto's most prominent figures as founder of FTX and Alameda Research. Convicted of fraud in 2023.

Enterprise crypto, stablecoins, RWA tokenization. Bridge between TradFi and DeFi.

Investing in crypto and web3 at Haun Ventures. Focuses on regulatory-aware projects building the next generation of internet infrastructure.

Smart contract security, white hat hacking, DeFi security research.

Crypto-native angel investor. Focuses on DeFi, NFTs, and onchain culture. Known for early Ethereum ecosystem bets.

Check: $5M-$15M

Sarah's investing worldview is built on a few interlocking beliefs: (1) The best consumer companies create compounding engagement loops where users do MORE over time, not less. She formalized this into the Hierarchy of Engagement framework: first get users to a 'core action,' then create 'accruing benefits' and 'mounting loss' to retain them, then achieve self-perpetuation through network effects. (2) For marketplaces, aggregate GMV is a vanity metric and a red herring. What matters is 'Happy GMV' — the portion of transactions where both buyer and seller had an experience good enough to drive retention. Happiness, not scale, is your moat. No matter how large an incumbent, they are vulnerable to a new entrant that makes buyers and sellers happier. (3) She prefers founders who start in a 'thimble' of a market — a small, constrained market adjacent to very large ones — and expand outward, rather than going after a big market from day one. (4) In AI, she believes the next wave of consumer AI will be social, not solo. AI avatars, chatbots, and social AI products will win over single-player tools. (5) For B2B AI, she coined 'sell work, not software' — rather than selling a 15% productivity improvement via software, AI startups should sell the completed work itself, delivering a 95% improvement. Incumbents are stuck selling software; startups can leapfrog them. (6) She believes markets have their own physics — 'you can't change those physics, regardless of how great the founder is.'

Academic turned crypto investor, bringing rigorous economic thinking to token design and mechanism design. Ethereal Ventures invests in crypto projects with strong economic foundations.

Liquid and venture crypto investing at CoinFund. Bridges the gap between liquid token markets and early-stage venture investing.

Developing blockchain infrastructure and community in Nepal, focused on education and awareness as foundations for future blockchain adoption.

Leads Coinbase Ventures, one of the most prolific corporate crypto investors. Invests broadly across the crypto ecosystem to grow the overall market and bring more assets on-chain.

Shorooq Partners invests in MENA fintech and crypto. Leading the charge on web3 adoption in the UAE, Saudi Arabia, and broader Middle East.

Building blockchain education and investment infrastructure in Bangladesh, focused on developing the local crypto ecosystem and developer community.

Consumer crypto, social tokens, attention economy. Crypto-native consumer applications.

Investing in digital finance and blockchain innovation in Uzbekistan through UzCard Digital Ventures, focused on modernizing Central Asian financial infrastructure.

Korean web3 ecosystem. Backed Axie Infinity, Klaytn.

Check: $500K-$50M+ (stage dependent)

The defining voice of Sequoia's AI thesis and arguably the most influential AI investor-thinker in Silicon Valley. Co-authors a series of landmark essays with Pat Grady that have become the canonical frameworks for understanding generative AI's evolution. Core conviction: the application layer — not foundation models — is where enduring value accrues. Foundation models are commoditizing rapidly (only five scaled players remain: Microsoft/OpenAI, Amazon/Anthropic, Google, Meta, xAI), so the real opportunity is in vertical AI applications that solve end-to-end human problems. Believes we have entered the 'Age of Abundance' where AI makes once-scarce labor available everywhere at near-zero cost, transforming the addressable market from software ($1T) to services ($10T+). In this world, 'taste' — the human judgment to decide what to build and how — becomes the scarcest resource. Her January 2026 essay declares AGI is functionally here in the form of long-horizon agents that can sustain multi-step work, correct errors, and persist toward goals autonomously. Sequoia has deployed roughly $150M into foundation models but over $1.5B into application-layer companies, reflecting a 10:1 bet on applications over infrastructure.

Solana ecosystem, DeFi, DePIN. High-performance blockchain applications.

Broadly focused crypto investing. One of the longest-tenured crypto VCs.

Investing in the ownership economy at Variant Fund. Pioneer of on-chain data analysis for crypto investment decisions. Believes data-driven analysis is key to identifying the best crypto investments.

Consumer crypto, social platforms, and the intersection of crypto and mainstream technology.

Focused on Bitcoin-centric economic development in El Salvador, working on the country's Bitcoin adoption and Bitcoin-backed financial infrastructure.

Indico Capital invests in tech and crypto from Lisbon. Helping build Portugal's reputation as a crypto-friendly European hub.

Leveraged crypto trading and directional bets. 3AC collapsed in June 2022 after over-leveraging.

Investing in blockchain projects across South and Southeast Asia at Hashed Emergent. Focused on crypto adoption in emerging markets.

Rigorous quantitative approach to crypto investing at Robot Ventures. Applies mathematical modeling and simulation to evaluate DeFi protocols and crypto systems.

Crypto-native fund investing in DeFi, infrastructure, and consumer crypto. Believes in the DAO-native future of organizations.

Executive leadership at DFG focused on scaling blockchain investment operations and portfolio management across global crypto markets.

Early-stage crypto investor at Dragonfly with deep DeFi expertise. Focuses on novel financial primitives and infrastructure that expands what's possible in decentralized finance.

DeFi research, crypto analytics, and investment analysis. Co-founded Delphi Digital.

NGC Ventures invests in blockchain infrastructure, DeFi, and Web3 applications. One of the earliest institutional crypto funds in Asia, with a portfolio spanning 100+ projects.

Investing in Bitcoin-focused and crypto infrastructure projects in the Nordics. Strong conviction in Bitcoin as the foundational crypto asset.

Infrastructure, MEV, and protocol-level investments. Deep focus on cryptographic and systems engineering innovation.

North Island Ventures invests in crypto and fintech at the intersection of traditional and decentralized finance.

Open finance and tokenization. Strong views on stablecoins, DePIN, and crypto in emerging markets.

DeFi, gaming, consumer crypto. High-conviction bets and active portfolio support.

Rockaway Blockchain Fund invests in DeFi and infrastructure from Prague. One of Central Europe's most active crypto investors with positions in Solana, Lido, and other major protocols.

Check: $500K-$50M+ (across seed fund and main fund)

Explicitly optimizes for ~70% failure rates to back 'black swan' outcomes. Actively seeks opportunities that appear 'crazy' to most of the market. Capital-intensive, science-heavy bets. Believes fusion and superhot geothermal will be primary energy sources by mid-2030s. Bets on the future being radically different from the present. Co-founded Sun Microsystems. Famous for saying 'expertise is the enemy of imagination' — believes experts are often the worst at predicting disruption in their own fields because they're anchored to existing paradigms. Has been one of the most aggressive climate tech investors, putting billions into energy transition companies. Views AI as the most transformative technology in history, predicting it will replace 80% of jobs in 80% of occupations within decades. Runs both a seed fund (for earlier, riskier bets) and a main fund (for larger investments). Willing to lose money on most investments if the winners are transformational.

Infrastructure, bridges, interoperability. Cross-chain communication and multi-chain future.

Investing in blockchain and tech startups in Central and Eastern Europe through Black Pearls VC, focused on regional ecosystem development.

Leads Northzone's web3 investments from Stockholm. Northzone is one of Europe's top VCs, and Wendy brings a crypto-native lens to their portfolio.

Invests in crypto infrastructure and DeFi protocols at Galaxy Digital. Focuses on foundational technology that enables the next wave of crypto applications.

Investing in digital assets and blockchain projects at CMBI (CMB International), focused on bridging Chinese institutional capital with global crypto opportunities.

Leads Circle Ventures, investing in the USDC ecosystem and projects that advance digital dollar adoption worldwide.

Blockchain investment and incubation in Asia.

Gaming, metaverse, and NFTs. Pioneer of blockchain gaming.

Supporting blockchain and Web3 startups in Tunisia and North Africa through Flat6Labs Tunis. Focused on unlocking Web3 innovation in francophone Africa.

Building crypto infrastructure for Africa through Nestcoin. Focus on making crypto accessible to everyday Africans through exchanges, education, and local-first products.

Early-stage crypto investing across DeFi, gaming, infrastructure. Believes in backing technical founders building for the long term.

Investing in blockchain and digital finance in West Africa through the Abidjan Digital Fund, focused on crypto solutions for francophone African markets.