$1.5M sweet spot round size
Most of their 14 investments are in rounds between $4M and $20M
2009
Alluvial raised $12M on July 11, 2023
Investors: Nascent Capital, Blockdaemon, Fenbushi Capital, A.Capital Ventures, Variant, Brevan Howard Digital and Avon Ventures
Intuition raised $4M on June 16, 2023
Investors: Matrixport, Artichoke Capital, ConsenSys, Shima Capital, Superscrypt, Polymorphic Capital and Avon Ventures
CLST raised undisclosed on December 18, 2022
Investors: Pulsar Trading Capital, WEMADE and Avon Ventures
Hoseki raised undisclosed on May 16, 2022
Investors: Ten31, Stillmark, Castle Island Ventures and Avon Ventures
Solidus Labs raised $45M on May 12, 2022
Investors: Declaration Partners LP, Hanaco Ventures, Liberty City Ventures, Evolution Equity Partners and Avon Ventures
VALR raised $50M on February 28, 2022
Investors: Distributed Global, 4Di Capital, Bittrex Global, GSR, Cadenza, Alameda Research, Pantera Capital and Avon Ventures
OpenNode raised $20M on February 8, 2022
Investors: Twitter, Visary Capital, KINGSWAY CAPITAL LLP and Avon Ventures
Casa Inc. raised $21M on December 31, 2021
Investors: Stillmark, Positive Sum, Lerer Hippeau, Acrew Capital, Castle Island Ventures and Avon Ventures
- raised $12M on October 28, 2021
Investors: Alameda Research, Gemini, Lightspeed Venture Partners, Velvet Sea Ventures and Avon Ventures
Coin Metrics raised $15M on May 5, 2021
Investors: Animal Ventures, Collab+Currency, Castle Island Ventures, HCP Ltd, Morningside Venture Capital 晨兴资本 and Avon Ventures