# Canonical Crypto

> Canonical Crypto is a VC fund backing Blockchain and Software. See 25 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: San Francisco, United States
- Total investments: 25
- Last investment: Sep 2025
- Lead investor: 4%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/canonicalcrypto/
- X (Twitter): https://twitter.com/CanonicalCrypto
- Website: https://www.canonical.cc/

Canonical Crypto is an early-stage venture capital fund that invests in technology companies building web3 and blockchain infrastructure. They fund and support developer-entrepreneurs that are creating the tools and services required for the successful deployment of decentralized applications.

## Contacts

5 contacts available for Canonical Crypto. Shizune tracks 2 team members at Canonical Crypto. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/canonical-crypto?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 9 | 36% |
| Software | 7 | 28% |
| Financial Services | 5 | 20% |
| Information Technology | 5 | 20% |
| Artificial Intelligence | 4 | 16% |

21 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 15 | 60% |
| Series A | 5 | 20% |
| Pre-Seed | 2 | 8% |
| Funding Round | 2 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 12 | 48% |
| United Kingdom | 2 | 8% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Anand Iyer | Managing General Partner and Founder | 11 | https://shizune.co/investors/profile/anand-iyer-948e |
| Anand Iyer | Managing General Partner and Founder | 3 | https://shizune.co/investors/profile/anand-iyer |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Mesta | Mesta, a fintech company changing global payment networks with hybrid fiat and stablecoin payment rails, has launched its cross-border payment platform. | $5.5M | Seed | Sep 30, 2025 |  |
| Mesta | Mesta, a fintech company changing global payment networks with hybrid fiat and stablecoin payment rails, has launched its cross-border payment platform. | $2M | Pre-Seed | Jan 22, 2025 |  |
| OpenGradient | OpenGradient is a leading decentralized AI platform for open-source model hosting, secure inference, agentic reasoning, and application deployment. By developing tooling and a feature-rich platform that makes developing AI workflows both secure and seamless, OpenGradient empowers developers with the ability to build in its ecosystem of intelligentand optimized AI-empowered applications. With native model hosting, permissionless composability, and secure inference execution, OpenGradient also aims to accelerate open-source AI by democratizing model ownership, improving verifiability guarantees, and promoting censorship-resistant model access.Our heterogeneous AI compute architecture (HACA) and our proprietary library NeuroML scale secure AI workflows with features like inference, agentic reasoning, statistical analysis, and more. OpenGradient also accelerates open-source innovation with a web portal and SDK for Web2 developers to leverage our AI stack without navigating blockchain complexities, while enjoying the security and composability benefits of decentralized infrastructure. | $9.5M | Seed | Oct 09, 2024 |  |
| Sahara AI | Sahara AI is a decentralized AI network that enables freely and securely deploying autonomous AI with a high-performance, privacy-first network. | $37M | Series A | Aug 14, 2024 |  |
| Sentient | Sentient is an AI research organization fostering a new Open AGI Economy for AI Builders and Creators. | $85M | Seed | Jul 02, 2024 |  |
| Wasabi | Wasabi is the operator of a financial platform for NFT trading. The company's platform provides a decentralized NFT options protocol that makes information about securities, NFT tokens, and blockchain available to traders, allowing them to earn stable, low-risk income by collecting premiums and capitalizing on market volatility by executing ortrading options. | $3M | Seed | Jun 17, 2024 |  |
| MoreMarkets | Nuffle Labs develops NEAR Data Availability (DA) and the NEAR Fast Finality Layer (NFFL). | $6M | Venture - Series Unknown | Jun 13, 2024 |  |
| Puffer | Puffer Finance operates as a blockchain infrastructure company. | $18M | Series A | Apr 16, 2024 |  |
| Tensorplex Labs | Tensorplex Labs is a Web3 and artificial intelligence (AI) firm developing finance and intelligence infrastructure for decentralized AI networks. | $3M | Seed | Mar 21, 2024 |  |
| Jabali | Jabali mission is to democratize creation and bring innovation to video games. Jabali are building an AI engine to empower visionaries - gamers, game designers and developers. | $5M | Seed | Mar 06, 2024 |  |

10 of 25 investments shown.

## Co-investors
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund, 6 deals together
- [Ribbit Capital](https://shizune.co/investors/profile/ribbit-capital) — VC Fund, 4 deals together
- [6th Man Ventures](https://shizune.co/investors/profile/6th-man-ventures) — VC Fund, 3 deals together
- [a16z crypto](https://shizune.co/investors/profile/a16z-crypto) — VC Fund, 3 deals together
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund, 3 deals together
- [dao5](https://shizune.co/investors/profile/dao-5) — VC Fund, 3 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Canonical Crypto invest in?

Canonical Crypto invests primarily in Blockchain, Software and Financial Services startups, most often at Seed and Series A stage. Most of the 25 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Canonical Crypto?

Public channels for Canonical Crypto include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Canonical Crypto?

The team at Canonical Crypto includes Anand Iyer (Managing General Partner and Founder) and Anand Iyer (Managing General Partner and Founder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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