Canonical Crypto is an early-stage venture capital fund that invests in blockchain infrastructure projects, supporting technical founding teams with innovative solutions in the web3 and crypto ecosystem.
Canonical Crypto Overview
Canonical Crypto - About
Canonical Crypto is an early-stage venture capital fund that invests in companies building blockchain infrastructure. Founded by Anand Iyer, the firm focuses on supporting technical founding teams that create foundational tools for the blockchain ecosystem. Canonical Crypto's portfolio includes projects like Gensyn, a decentralized compute network for machine learning; Farcaster, a decentralized social networking protocol; and Lava Network, a peer-to-peer RPC network. The fund aims to advance the development of web3 and crypto infrastructure, backing innovative solutions that drive the future of decentralized technologies.
Canonical Crypto - Industries
Canonical Crypto - Portfolio Performance
Canonical Crypto – Investment Rounds
| Project | Score | Round | Date | Round price | FDV | Status | Industry |
|---|---|---|---|---|---|---|---|
 Puffer Finance | 91 | Seed | 09 Aug, 23 | N/A | $9.11M | Past | |
 Farcaster | 84 | Seed | 13 Jul, 22 | N/A | N/A | Upcoming | |
 Sahara AI | 68 | Seed | 06 Mar, 24 | N/A | N/A | Past | |
| Sahara AI | 68 | Private | 15 Aug, 24 | N/A | N/A | Past | |
 Sentient AI Protocol | 60 | Seed | 03 Jul, 24 | N/A | $380M | Past |
Canonical Crypto – Portfolio
| Score | Project | Current Price | Chg (24h) | Retail ROI | Retail ATH ROI | Industry |
|---|---|---|---|---|---|---|
91 | Puffer Finance | $0.0225 | 1.12% | N/A | N/A | |
84 | Farcaster | N/A | N/A | N/A | N/A | |
68 | Sahara AI | $0.00869 | 1.59% | 0.145x | 2.68x | |
60 | Sentient AI Protocol | $0.0264 | 5.02% | 2.39x | 4.34x | |
76 |  Gensyn | $0.0203 | 0.11% | 0.428x | 2.27x |
Canonical Crypto – Co-investors
| Fund | Score | Type | Project Support | Social Influence | Retail ROI | Co-investments | Total Investment |
|---|---|---|---|---|---|---|---|
 Foresight Ventures | N/A | Venture | N/A | N/A | 1.86x | 3 | 27 |
 Pantera Capital | Very High | Venture | Very High | Very High | 4.50x | 2 | 25 |
 HashKey Capital | High | Venture | Very High | Very Low | 0.834x | 2 | 42 |
 Coinbase Ventures | Very High | Exchange | High | High | 1.50x | 2 | 85 |
 Balaji Srinivasan | High | Angel Investors | High | Very High | 3.23x | 2 | 25 |