$564K sweet spot round size
Most of their 25 investments are in rounds between $7M and $19M
2020
Blackbird Labs, Inc. raised $24M on October 4, 2023
Investors: Rustic Canyon Family, Union Square Ventures, Andreessen Horowitz, QED Investors, Bolt, Shine Capital, Quality Branded and Variant
Alluvial raised $12M on July 11, 2023
Investors: Nascent Capital, Blockdaemon, Fenbushi Capital, Avon Ventures, A.Capital Ventures, Brevan Howard Digital and Variant
Undisclosed raised $15M on June 8, 2023
Investors: Seed Club Ventures 🌱 💸, Palm Tree Crew Investments, IDEO CoLab, Tioga Capital Partners and Variant
Turnkey raised $7.5M on March 22, 2023
Investors: Variant
Shibuya (shibuya.xyz) raised $6.9M on December 8, 2022
Investors: a16z crypto and Variant
Undisclosed raised $12M on December 7, 2022
Investors: Scalar Capital, Polychain Capital and Variant
Matter Labs raised $200M on November 16, 2022
Investors: Blockchain Capital LLC, Dragonfly Capital, Andreessen Horowitz, Lightspeed Venture Partners and Variant
Blackbird Labs, Inc. raised $11M on October 6, 2022
Investors: Mischief, Multicoin Capital, Circle, Union Square Ventures, Shine Capital, 火烈鸟公司 and Variant
Hyperlane raised $19M on September 22, 2022
Investors: Hypersphere Ventures, Kraken Ventures, Galaxy Digital, Blockdaemon, Circle, CoinFund, Asymmetric, Figment and Variant
Koop raised $5M on August 31, 2022
Investors: Data Community Fund, Volt Capital, Day One Ventures, Palm Tree Crew Investments, Pear VC and Variant