How many investments has Canonical Crypto made?

Canonical Crypto has 13 tracked investments, 1 of which have exited, including 2 dated in the last 24 months.

What stage does Canonical Crypto invest at?

Canonical Crypto invests at the Pre-Seed, Seed stages.

What is Canonical Crypto's typical check size?

Canonical Crypto typically writes checks of $500K – $1.5M.

Where is Canonical Crypto located?

Canonical Crypto is headquartered in San Francisco, US.

Does Canonical Crypto lead rounds?

Canonical Crypto typically participates in rounds rather than leading them.

Who does Canonical Crypto co-invest with?

Canonical Crypto most often shares deals with Acrew Capital, ICONIQ, Norwest Venture Partners, among 17 tracked co-investors.

Canonical Crypto

Venture capitalActively deploying

San Francisco · Pre-Seed–Seed · 2 people tracked

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Find your way into Canonical Crypto

920 people in our graph share verified history with the Canonical Crypto team — schools, employers, funds. One of them is your warm intro.

Semil Shahunlockedknows Anand Iyer · together at Lightspeed Venture Partners (overlapped)

×2knows the team · via Lightspeed Venture Partners

knows the team · via Standard Chartered Bank

knows the team · via Pear VC

knows the team · via KPMG

×5knows the team · via Hitpost, Inc. (acquired by Yahoo!)

✨ Fox Verdict

Investment thesis

Canonical invests in foundational systems for a post-AGI era. It focuses on physical AI and robotics (foundation models, simulators, and hardware for machines that see, move, and act), silicon (novel compute, memory, architectures, and packaging), and open infrastructure (decentralized compute and training, verifiable AI, agentic protocols, and programmable money rails). The firm targets pre-product, deeply technical founders, emphasizing technical depth, long-term alignment through concentration and follow-on conviction, and a high-signal network of operators, researchers, and builders. It writes first checks and engages hands-on throughout the company-building journey.

Invests inAI & Machine Learning Cloud Computing Crypto & Web3 Data & Infrastructure Deep Tech Energy Hardware Robotics Semiconductors San Francisco United States

Source: firm website, verified Aug 11, 2026.

Stage

Pre-Seed–Seed

Check

$500K – $1.5M

San Francisco, CA, US

Leads rounds

Follows

Instruments

Equity

Founded

2001

Last 12 months

2 investments

Tracked investments

Unicorns

Acquisitions

Team · 2 people

from the firm's website

Anand Iyer· Managing Partner· San Franciscoin 𝕏

Founder-turned-investor and Managing Partner of Canonical. He was CEO and co-founder of Trusted (acquired by Care in 2018; later acquired by IAC in 2020), a Venture Partner at Pear and Lightspeed investing in AI and blockchain infrastructure, and earlier built developer platforms at Microsoft including Windows, Phone, and Azure. He holds a Computer Engineering degree from Purdue University.

a•••@anandiyer.comreveal

Anthony Avedissian· Partner· Miami, Floridain 𝕏

Partner at Canonical. He co-founded Seed Club Ventures, a $25M early-stage fund focused on AI and decentralized infrastructure, and has made 70+ pre-seed and seed investments across AI, robotics, energy, and crypto. He was previously an investor at Amber Capital, a $2B activist hedge fund, and founded Anteo Health. He studied at Imperial College London and the University of York.

What they invest in

from 11 of 13 portfolio companies

AI & Machine Learning ×7Crypto & Web3 ×6Fintech ×3Deep Tech ×2Developer Tools ×2Enterprise Software ×2SaaS ×2Consumer ×1

HQs:United States×3United Kingdom×1

Investments · showing 10 of 13

founders shown can be your intro path

By year:2026 · 2 2023 · 1 2022 · 14 dated

Gensyngensyn.ai 𝕏Jun 2023 · $43M

Gensyn provides decentralized infrastructure for AI models to train, verify, trade, and evolve using cryptographic verification and on-chain identity mechanisms.

AI & Machine LearningCrypto & Web3Data & InfrastructureLondon, GB

Ben Fielding(CEO)in Harry Grieve(CTO)in

Co-investorsa16z crypto Andreessen Horowitz CoinFund Counterview Capital Digital Finance Group Entrepreneur First +4 more

Glidewithglide.com in 𝕏

Glide builds AI agents and analytics tools for financial institutions such as banks and lenders, automating tasks like data reporting, prospect list building, and loan document collection.

AI & Machine LearningFintechInsurTechSaaS

Sameer Kapur(Founder)inVishnu ChakrobortyGautam Ajjarapu

Co-investorsAcrew Capital NextView Ventures NOMO Ventures Pathlight Ventures Shine Capital Pear VC

OpenGradientopengradient.ai in 𝕏Apr 2026

OpenGradient operates a decentralized network for verifiable AI computing, letting users host models, run secure inference, and deploy AI agents onchain.

AI & Machine LearningCrypto & Web3Deep TechNew York City, US

Adam B(Founder)

Co-investorsPragma Ventures Thanefield Capital TPC Club (The presale club)TPC Ventures a16z crypto Black Dragon +7 more

Rainrain.xyz in 𝕏

Rain builds stablecoin infrastructure for financial institutions and partners, providing payment cards accepted at millions of merchant locations, digital wallets, and global settlement rails.

Crypto & Web3Enterprise SoftwareFintechSaaS

Farooq Malik(CEO)

Co-investors57Blocks Capital Archetype Coinbase Ventures Dragonfly FirstMark Capital ICONIQ +9 more

Robo Privaterobo.inc in 𝕏

Robo builds ROBO-1, a standardized 6-DOF robot arm with gripper for teachable automation, paired with Roboport software for teleoperation, data collection, model training, and fleet management.

AI & Machine LearningHardwareRobotics

Co-investorsCollab+Currency

Sentientsentient.foundation in 𝕏

Sentient Foundation is a non-profit organization committed to building open-source AGI independent of single-entity control.

AI & Machine LearningDeep TechDeveloper ToolsSector Agnostic

Himanshu Tyagi(Founder)in

Co-investorsArrington Capital GSR Hack VC Hypersphere Ventures MH Ventures Pantera Capital +9 more

Sentientsentient.io

Sentient is an AI solutions provider offering enterprise services including automatic speech recognition for Asian languages.

Christopher Yeo(Founder)in

Co-investorsDG Daiwa Ventures UntroD Capital Arrington Capital Ethereal Ventures Management Ltd.Foresight Foresight Ventures +9 more

Tensorplextensorplex.ai 𝕏

Tensorplex Labs builds applications, infrastructure, and tools for AI development using decentralized technologies.

AI & Machine LearningDeveloper Tools

CK C.(Founder)in

Co-investorsDigital Currency Group

tokenprooftokenproof.xyz in 𝕏Aug 2022 · $5M

tokenproof provides a platform that lets brands verify token or NFT ownership to gate online and real-world experiences, offering token-holders access to exclusive content, products, events, and offers.

ConsumerCrypto & Web3Marketing Tech

Co-investors2 Punks Capital Corazon Capital Penny Jar Capital Venture 6th Man Ventures

Verifiableverifiable.com in 𝕏Apr 2026

Verifiable provides an AI-powered platform for healthcare credentialing and provider network management that combines autonomous agents with regulatory compliance.

AI & Machine LearningEnterprise SoftwareHealthtechSan Francisco, US

Nick Macario(Founder)in Viv Rajkumar(Founder)in Elina Cadouri(Executive Officer)in

BoardJack Altman(Director)

Co-investors137 Ventures Cathexis Ventures Struck Capital Y Combinator a16z crypto Black Dragon +11 more

Portfolio news

latest coverage across their companies

State Grant Backs Rain Cloud Technology Testing At EB Lake | News | gpkmedia.com

Rain · gpkmedia.com · Jul 14, 2026

OpenGradient launches privacy-first generative AI platform

OpenGradient · prnewswire.com · Jun 4, 2026

General Tensor Acquires Backprop Finance, Assembling the Financial Infrastructure for Decentralized AI

Tensorplex · globenewswire.com · May 14, 2026

Gensyn – Funding, Valuation, Investors, News

Gensyn · parsers.vc · May 4, 2026

OpenGradient Announces $9.5 Million in Total Funding to Build the Compute Layer for Verifiable AI

Verifiable · prnewswire.com · Apr 14, 2026

Glide Identity Raises Over $20M in Series A Funding

Glide · finsmes.com · Oct 13, 2025

Frequently asked questions

How many investments has Canonical Crypto made?: Canonical Crypto has 13 tracked investments, 1 of which have exited, including 2 dated in the last 24 months.
What stage does Canonical Crypto invest at?: Canonical Crypto invests at the Pre-Seed, Seed stages.
What is Canonical Crypto's typical check size?: Canonical Crypto typically writes checks of $500K – $1.5M.
What sectors does Canonical Crypto focus on?: Canonical Crypto focuses on AI & Machine Learning, Cloud Computing, Crypto & Web3, Data & Infrastructure, Deep Tech, Energy, Hardware, Robotics, Semiconductors.
Where is Canonical Crypto located?: Canonical Crypto is headquartered in San Francisco, US.
Does Canonical Crypto lead rounds?: Canonical Crypto typically participates in rounds rather than leading them.
Who does Canonical Crypto co-invest with?: Canonical Crypto most often shares deals with Acrew Capital, ICONIQ, Norwest Venture Partners, among 17 tracked co-investors.

Media · Podcasts & interviews

featuring the team

On the Record with John D'Agostino ft. Anand Iyer (Partner at Canonical & Lightspeed)

Coinbase · Anand Iyer

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