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Canonical Crypto

Canonical Crypto

Overview

Canonical Crypto is a venture capital firm based in San Francisco that focuses on early-stage investments in companies operating in the web3, blockchain, and AI infrastructure sectors. The firm, founded by Anand Iyer, launched its inaugural $20 million fund to invest in pre-seed and seed-stage startups, particularly those building developer infrastructure. Canonical's investment thesis centers on backing technical founders who are creating the "picks-and-shovels" for a future built on open, decentralized AI and blockchain technology.

Portfolio Companies

26

Investments

Canonical Crypto investments
CompanyDateStageLead
OpenGradientApr 2026SeedCo-investor
MestaSep 2025SeedCo-investor
RainMar 2025Series ACo-investor
MestaJan 2025Pre SeedCo-investor
SynthefyNov 2024SeedCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

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