Fundraising Fox
Pre-Seed–Seed · 13 people tracked
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Investment thesis
Caladan operates at the frontier of finance, focusing on crypto and digital-asset markets. Since 2017 it has been a pioneer in crypto market-making, supporting exchanges, token issuers, and institutional investors with on-exchange liquidity, DeFi expertise, treasury solutions, and direct investments. The firm aims to make markets more efficient and honest, powering over $170B in annual transactions across more than 1000 assets. Its investment activity is one component of a broader trading and liquidity operation.
Source: firm website, verified Aug 3, 2026.
Team · 13 people
from the firm's website & public directories
What they invest in
from 37 of 45 portfolio companiesCrypto & Web3 ×29Fintech ×18AI & Machine Learning ×12Data & Infrastructure ×11Enterprise Software ×5Developer Tools ×4Cloud Computing ×3Deep Tech ×3
HQs:United States×15South Korea×1Singapore×1
Who they back
founder profiles across 25 portfolio companiesFounding team size:solo founder×82 founders×63 founders×34+ founders×8
Where their founders studiedfrom 26 founders with education data
Stanford University ×3Harvard University ×2Massachusetts Institute of Technology ×2Pontificia Universidad Católica de Chile ×2University of California, Berkeley ×2
What their founders studiedfrom 28 founders with field-of-study data
Computer Science ×12Engineering ×8Economics ×4Business & Management ×2Finance & Accounting ×2Mathematics & Statistics ×2
Where their founders worked beforefrom 29 founders with career history
Google ×3Bridgewater Associates ×2Genesis ×2Goldman Sachs ×2McKinsey & Company ×2Microsoft ×2Uber ×2
3 founders hold a PhD · 1 hold an MBA (of 31 with degree data)
Investments · 45 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12 dated
Optimum applies Random Linear Network Coding (RLNC) to speed up blockchain data propagation, encoding transactions, blocks, and data blobs into resilient packets to reduce latency and bandwidth use.
Crypto & Web3Data & InfrastructureDeep Tech
Muriel Médard(Co-founder)inKishori Konwar(Co-founder)inKent Lin(Co-founder)in
Co-investors1kxGSRRobot VenturesTriton Capital1k(x)AlphaLab Capital+3 more
Agora builds a governance platform for crypto protocols, enabling onchain community coordination around protocol upgrades and ecosystem funding.
Crypto & Web3GovTech
Yitong Zhang(Founder)Jarrah Kandeh(Founder)inNick van Eck(Founder)inBar Mor(Founder)Charlie Feng(Founder)Drake Evans(Founder)
Co-investorsAlephAlphaLab CapitalDragonflyHack VCHaun VenturesInsight Partners+12 more
Artemis Sheets is a financial data plugin for Excel and Google Sheets that lets users pull crypto token metrics and fundamental data via an =ART() formula.
AI & Machine LearningCrypto & Web3Data & InfrastructureFintech
Anthony Yim(Co-founder)in
Co-investorsAlphaLab CapitalFikaVariant Fund
AstroForge is a space mining company that extracts platinum group metals and other valuable materials from asteroids to integrate into Earth's supply chains.
Advanced ManufacturingDeep TechHardwareNew MaterialsRoboticsSpace TechLos Angeles, US
Jose Acain(CTO)inMatt Gialich(CEO)inMatthew Gialich(Founder)Chanel Ross(Technical Recruiter)
BoardJustin Hamilton(Director)
Co-investorsAera VCAmbush CapitalBBQ CapitalEarthrise VenturesGaingelsIndustrious Ventures+24 more
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Berachain is a Layer 1 blockchain network built around a Proof of Liquidity mechanism that directs block reward emissions as non-dilutive growth capital to ecosystem applications in exchange for revenue sharing with the network and tokenholders.
Crypto & Web3Developer ToolsFintech
Smokey the Bera(Founder)Homme Bear(Founder)Smokey The Bera(Founder)
Co-investorsAlphaLab CapitalArrington CapitalBorderless VentureCitizenX Crypto VenturesCVP NoLimitHack VC+20 more
Bitlayer is a Bitcoin-focused blockchain infrastructure project offering YBTC (yield-bearing BTC), multichain support, and BTC deposit and trading functionality.
Crypto & Web3Data & InfrastructureFintech
Charlie Hu(Founder)inKevin He(Founder)inCharlie Yechuan Hu(Founder)
Co-investors57Blocks CapitalABCDE CapitalAlphaLab CapitalAsymmetricBaseTwoGTS Ventures+12 more
Cap is a three-sided onchain platform for USD yield, private credit and financial guarantees, headquartered in New York.
New York, US
Benjamin Sarquis Peillard(Executive Officer, Director)
Co-investorsAlphaLab CapitalBreedFlowdeskFourth Revolution Capital (4RC)G1 VenturesHyperithm+9 more
Celestia designs and delivers custom, high-throughput blockchain chains for enterprises, separating compute and storage so each scales independently.
Crypto & Web3Data & InfrastructureEnterprise Software
Mustafa Al-Bassam(Founder)inNick White(Co-founder & CEO, Celestia Labs)inPreston Evans(CTO, Celestia Labs)Sarah Armstrong(CFO)inZach Leibowitz(General Counsel)inIsmail Khoffi(Founder)
Co-investorsAdvanced BlockchainAlphaLab CapitalBain Capital CryptoBlockchain CapitalCoinbase VenturesDigital Currency Group+23 more
Clearspace advocates for reduced screen time in childhood and promotes outdoor activity and unstructured play.
ConsumerImpact & Social GoodSan Francisco, US
Royce Branning(CEO)inOliver Hill(Founder)in
Co-investorsY CombinatorCapitalize VCCojourn CompaniesDream MachineElementum VenturesGoodwater Capital+10 more
Concordia is an adaptive risk layer for DeFi that uses an AI engine to manage collateral, liquidation, and market risk across protocols.
AI & Machine LearningCrypto & Web3Fintech
Co-investorsAlphaLab CapitalOptic CapitalPEER VCSaison CapitalVentureSouq
Seattle, US
Paul Kim(Founder)inNimesh Amin(Founder)
Co-investorsAlphaLab CapitalAlumni VenturesHashedLongHash VenturesStruck CapitalWintermute+1 more
Hyperdrive is a stablecoin money market focused on stablecoin lending, built on the Hyperliquid blockchain.
Crypto & Web3Fintech
Co-investorsAlphaLab CapitalPharsalus Capital
Eulith offers technology and financial services that let asset managers and accredited investors access and manage capital on-chain, with a focus on security, risk management, and performance.
Crypto & Web3Fintech
Co-investorsAlphaLab Capital
Doppel is an AI-native platform that protects organizations from social engineering attacks, AI-powered impersonation, phishing, and fraud through threat detection, infrastructure disruption, and employee security awareness training.
AI & Machine LearningCybersecurityEnterprise SoftwareCovina, US
Kevin Tian(Founder)inRahul Madduluri(Founder)inBobby Ford(Chief Security Officer)inKevin Tian Rahul Madduluri(Founder)
BoardZane Lackey(Director)inElliott Robinson(Director)in
Co-investorsAndreessen HorowitzBessemer Venture PartnersNTT DOCOMO VenturesScript CapitalSozo Ventures9Yards Capital+9 more
EDU Chain is a blockchain network for education that uses its native $EDU token for gas and governance through the Open Campus DAO.
Crypto & Web3EdTech
Co-investorsAlphaLab Capital
Ethena operates a crypto protocol offering USDe, a digital dollar, and sUSDe, a reward-accruing asset backed by collateralized assets with third-party attestations.
Crypto & Web3Fintech
Guy Young(Founder)in
Co-investorsAlphaLab CapitalAtaraxia CapitalBitDAOBreedCVP NoLimitF-Prime Capital+21 more
Merlin Chain is a Bitcoin Layer 2 network that is EVM-compatible and uses ZK-Rollup technology, supporting Bitcoin protocols such as BRC20, BRC420, Bitmap, Atomicals, Pipe, and Stamp.
Crypto & Web3Data & Infrastructure
Co-investorsAlphaLab CapitalGenerative VenturesOnePiece LabsStratified CapitalKuCoin Labs
Fountain is a no-code automation platform for on-chain treasury operations, risk management, and trading execution, letting users build multi-condition workflows that interact with protocols and dApps.
Crypto & Web3Enterprise SoftwareFintech
Co-investorsNathan McCauleyRene ReinsbergAlphaLab CapitalDCM
Kaia is an EVM-compatible Layer 1 blockchain focused on stablecoin settlement and onchain finance, targeting users and businesses across Asia.
Cloud ComputingCrypto & Web3Fintech
Co-investorsAlphaLab CapitalBlockchain CapitalWidus Partners1kx
Kaito.ai is an AI-powered Web3 information platform combining crypto-native search, market intelligence and attention data.
Seattle, US
Yunzhong He(Founder)Yu Hu(Founder)in
Co-investorsAlphaLab CapitalHyperithm
Koywe provides financial services and regulatory compliance solutions for companies across Latin America, with operations in Chile, Argentina, Colombia, Brazil, Bolivia, Mexico, Peru, and the United States.
Crypto & Web3FintechMiami, US
Ignacio Detmer(Founder)inGuillermo Acuña(Founder)in
Co-investorsAlphaLab CapitalMaiora Rebel VenturesManutara VenturesNazcaRebel FundStartups+15 more
Lava Network provides decentralized RPC access for interacting with blockchains, handling requests such as trading, swapping, deploying, and staking across multiple chains.
Crypto & Web3Data & InfrastructureDeveloper Tools
YairGil
Co-investorsAlliance DAO (ex DeFi Alliance)AlphaLab CapitalBlack DragonBreakOrbitDivergenceFounderheads,+15 more
M0 provides a modular platform for designing and issuing stablecoins, allowing users to independently configure token behavior, issuers, and other stablecoin stack components.
Crypto & Web3Fintech
Gregory Di Prisco(Founder)inGreg Di Prisco(Founder)Joao Reginatto(Founder)Luca Prosperi(Founder)Oliver Schimek(Founder)
Co-investorsAlphaLab CapitalEarlybird Venture CapitalGalaxy VenturesGSRHack VCKraynos Capital+14 more
MANTRA is a modular, compliance-oriented Layer 1 blockchain built for DeFi and real-world asset (RWA) tokenization.
Co-investorsLvna CapitalShorooq PartnersWWVentures14WAlumni VenturesBaleon Capital+8 more
Monad is a high-performance EVM-compatible blockchain designed for fast, low-cost transactions.
Cloud ComputingCrypto & Web3Data & InfrastructureCalifon, US
Eunice Giarta Hon(Executive Officer)James Hunsaker(Founder)Keone Hon(Founder)inEunice Giarta(Founder)
Co-investorsAlphaLab CapitalAmbush CapitalArchetypeBankless VenturesBig Brain HoldingsBloccelerate VC+33 more
More Markets is a decentralized trading platform building automated leveraged yield strategies on the Morpho lending protocol.
Altan Tutar(Founder)in
Co-investorsAlphaLab CapitalElectric CapitalFabric Ventures
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Nakamoto builds digital treasury management solutions with a focus on security, transparency, and innovation for financial institutions and organizations managing digital assets.
Crypto & Web3FintechMedia & EntertainmentNashville, US
David Bailey(CEO & Chairman)inTyler Evans(Chief Investment Officer)inAmanda Fabiano(Chief Operating Officer)inTeri Gendron(Chief Financial Officer)inLana Tkachov(Chief of Staff)inJohn Dalton(CAO & Controller)in
Co-investorsACTAI VenturesAlphaLab CapitalSora Ventures
$ME is a cross-chain crypto token and suite of trading, minting, and wallet protocols for NFTs and fungible tokens, adopted by Magic Eden as its official token.
Crypto & Web3
Co-investorsAlphaLab Capital
OfOne provides human-centric technology solutions for restaurant operators, enabling them to improve business performance while enhancing customer and worker experiences.
AI & Machine LearningEnterprise SoftwareFoodTechSaaSSan Francisco, US
Will Edwards(Founder)inAdam Proschek(Founder)inCeena Modarres(Head of AI/ML)Michael Svoren(Founding Engineer)Pranav Bachu(Founding Engineer)
Co-investorsCorrelation VenturesGaia VenturesSignalFireY CombinatorAidenlair CapitalBraewick Holdings+2 more
0G (Zero Gravity) is a blockchain infrastructure stack for AI applications, combining an EVM-compatible Layer 1 chain, a distributed storage network, a compute network, and a scalable data availability layer.
AI & Machine LearningCrypto & Web3Data & Infrastructure
Ming Wu(Founder)inMichael Heinrich(Founder)inAda Heinrich(Founder)Arne Hartmann(Founder)Fan Long(Founder)Thomas Yao(Founder)
Co-investorsAbstract VenturesAlphaLab CapitalAnimoca BrandsBaseTwoBlockchain BuildersDelta Blockchain+17 more
Particle Network provides developer infrastructure for onchain applications, including Universal Accounts that let users access dApps with assets from any blockchain without bridging, account abstraction for gas sponsorship and removing signature popups, and social logins for one-click onboarding.
Crypto & Web3Data & InfrastructureDeveloper Tools
Pengyu Wang(Founder)in
Co-investorsAlphaLab CapitalArcane GroupBitDAOBloccelerate VCFOMO VenturesInception Capital+12 more
Perle provides expert-driven data services for AI teams, supplying credentialed specialists to handle data collection, labeling, quality assurance, evaluation, and RLHF/RLAIF for tasks that generic crowd-worker vendors can't judge.
AI & Machine LearningData & InfrastructureEnterprise SoftwareRoboticsSan Francisco, US
Ahmed Rashad(Founder)in
Co-investorsACTAI VenturesAlphaLab CapitalBig Brain HoldingsBreedCoinFundEnigma Fund+3 more
Plume provides a platform for tokenizing and distributing real-world assets (RWAs) on blockchain infrastructure.
Crypto & Web3FintechNew York, US
Theodore Pornprinya(Executive Officer)Eugene Y. Q. Shen(Founder)inChris Yin(Founder)inEugene Shen(Founder)Teddy Pornprinya(Founder)
Co-investorsA.Capital VenturesAlphaLab CapitalBreedCoinvestor VenturesF-Prime CapitalG1 Ventures+15 more
Pontem is a product development studio building blockchain products using the Move language on Aptos and other Layer 1 networks.
Crypto & Web3Developer ToolsFintech
Alejo Pinto(Founder)inArman Manukyanin
Co-investorsAlphaLab CapitalAlumni VenturesPantera CapitalVentureSouqWintermuteWWVentures+3 more
Rasyn.ai offers Marigold, an AI research assistant that lets scientists ask research questions, run tools, or delegate entire tasks, returning results such as structures, charts, code, and papers in panels.
AI & Machine LearningBiotechDeep TechHealthtechSaaSSan Francisco, US
Ayush Chauhan(CTO)inDaood Hashmi(Founder)inAnsh Tiwari(CEO)
Co-investorsY CombinatorArray Ventures Management LlcCapitalize VCCharacterGeneral AdvanceInflection Point Ventures+4 more
SF Compute builds data centers and GPU clusters and operates a cloud on top, offering VMs, bare metal, and managed Slurm to teams needing compute for AI workloads.
AI & Machine LearningB2B MarketplacesCloud ComputingSan Francisco, US
Evan Conrad(Founder)inEthan Anderson(Founder)inEric Menees(Founder)inAlex Gajewski(Founder)Eric Park(Founder)in
Co-investorsAlphaLab CapitalAngel Collective Opportunity FundDeep AcreElectric CapitalMoth FundPredictive VC+6 more
Treehouse builds fixed income infrastructure for digital assets, combining yield primitives, benchmark rates (such as the Treehouse Ethereum Staking Rate), and a participation layer.
Crypto & Web3FintechSingapore, SG
Brandon G(Founder)Brandon Goh(Founder)inBryan Goh(Founder)in
Co-investorsAlphaLab CapitalMirana VenturesWintermuteCrane Venture Partners
USD.ai offers a stablecoin-based platform for financing AI compute infrastructure, letting users earn yield or borrow to fund the machines behind AI data centers.
AI & Machine LearningCrypto & Web3Fintech
Co-investorsAlliance DAO (ex DeFi Alliance)AlphaLab CapitalBig Brain HoldingsBreedCoinListDe Fi Alliance Holdings+2 more
Vana is an open data infrastructure platform that enables individuals to control and manage the data they generate, with the ability to choose how it is used by AI systems.
AI & Machine LearningData & Infrastructure
Art Abal(Founder)Anna Kazlauskas(Founder)
Co-investorsAbstract VenturesAlphaLab CapitalEarl Grey CapitalParadigmSCB 10XSky9 Capital+10 more
Variational operates an on-chain derivatives trading protocol that lets users trade over 500 crypto, stock, commodity and index markets from a single account with up to 50x leverage and no fees.
Crypto & Web3FintechSaaS
Edward Yu(Founder)inLucas Schuermannin
Co-investorsAlphaLab CapitalBain Capital CryptoDragonflyMetastableMirana VenturesNIV+2 more
World provides a system for verifying that online users are real, unique humans, combining privacy-preserving proof-of-human identity with financial infrastructure and a digital token.
AI & Machine LearningCrypto & Web3FintechSector AgnosticSan Francisco, US
Sam Altman(Founder)Alex Blania(Founder)inMax Novendstern(Founder)inand Alex Bania(Founder)Alex Bania(Founder)
Co-investorsAndreessen HorowitzBain Capital CryptoBlockchain CapitalKhosla Ventures1confirmationa16z crypto+22 more
Zentry builds a human-agentic operating system that integrates AI agents, gamified applications, and data infrastructure to enable human-AI co-evolution.
AI & Machine LearningCrypto & Web3Gaming
Co-investorsAnimoca BrandsCoinbase VenturesDeFiance CapitalPantera CapitalSkyVision CapitalAlphaLab Capital+2 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Exocore Liquid RestakingOmegaWeb3 sub-account (ERC-6551) marketplace
Portfolio news
latest coverage across their companies
Koywe · refreshmiami.com · Sep 9, 2026
Rasyn · ycombinator.com · Aug 3, 2026
SF Compute · pymnts.com · Dec 1, 2025
Doppel · securityweek.com · Nov 20, 2025
M^0 · finsmes.com · Aug 28, 2025
Worldcoin · finance.yahoo.com · May 29, 2025
Frequently asked questions
- How many investments has Caladan made?
- Caladan has 45 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.
- What stage does Caladan invest at?
- Caladan invests at the Pre-Seed, Seed stages.
- What sectors does Caladan focus on?
- Caladan focuses on Crypto & Web3, Fintech.
- Who does Caladan co-invest with?
- Caladan most often shares deals with AlphaLab Capital, Breed, Wintermute, among 202 tracked co-investors.
From the blog
visit blog ↗Recent posts cover the state of crypto derivatives markets in 2026: declining spot exchange volume and volatility alongside growth of real-world-asset perpetuals, Binance.US pursuing a CFTC license amid the prediction-markets debate, and BitMEX's shutdown with the spread of perpetual swaps into traditional finance. AI summary
Media · Podcasts & interviews
from their channel8. Institutions at the Edge: The Infrastructure Builders’ Perspective | Signal @ Token2049 SG
Caladan
9. Building Institutional Bridges: Foundations and the Future of Capital | Signal @ Token2049 SG
Caladan
5. Passive vs Active Strategies The Best Way to Build Exposure to Crypto | Signal @ Token2049 SG
Caladan
3. The Hunt for Yield Funds vs Protocols on the Future of On Chain Returns | Signal @ Token2049 SG
Caladan
10. Derivatives in Disruption Shaping the Next Market Cycle | Signal @ Token2049 SG
Caladan
2. Beyond Lockups How Liquid Funds Are Shaping the Next Cycle | Signal @ Token2049 SG
Caladan
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