Fundraising Fox

Nonagon

Venture capital

San Francisco · 8 people tracked

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Investment thesis

Nonagon Capital focuses on the blockchain and crypto ecosystem, both investing in and actively building on-chain projects. Its portfolio spans blockchain gaming, decentralized identity, DeFi, entertainment technology, DAO fund-of-funds structures, and token-incentivized media. Operating out of San Francisco and Tokyo, the firm bridges Western and Japanese/Asian web3 markets, supporting projects that advance the adoption of blockchain across consumer, gaming, and infrastructure use cases.

Source: firm website, verified Aug 7, 2026.

HQ
San Francisco, US
Instruments
Equity
Tracked investments
10

Team · 8 people

from the firm's website
Kazushi Okamoto· Founding Partnerin
Kiyo Kobayashi· Advisor, Founder of Noxx
Sota Watanabe· Advisor, Founder of Astar Network
Kyohei Shibano· Technical Researcherin
Yasuhiro Hino· Representativein

What they invest in

from 6 of 10 portfolio companies

Crypto & Web3 ×3AI & Machine Learning ×2Creator Economy ×2Gaming ×2Media & Entertainment ×2B2B Marketplaces ×1Deep Tech ×1Fintech ×1

HQs:Japan×1South Korea×1

Investments · 10 tracked

founders shown can be your intro path
Balancebalance.fun𝕏

Balance is a blockchain- and AI-based protocol that integrates Web3 tools for social and gaming experiences, evolving from the E-PAL gaming companion platform.

AI & Machine LearningCrypto & Web3Gaming

D3d3.inc

D3 Global is building DomainFi infrastructure, tokenizing DNS domains as on-chain real-world assets via its Doma Protocol blockchain.

Fred Hsu(Founder)in

Co-investorsCoinbase VenturesMaelstromParadigm

E-Pal/Balance

The world's largest gaming companion platform (E-PAL, launched 2020), with Balance building an AI- and blockchain-based online user experience.

Hydra Ventures

An investment DAO fund of funds aiming to accelerate the venture DAO ecosystem, building on learnings from MetaCartel Ventures.

Kasagi Labokasagilabo.comin𝕏

Kasagi Labo builds a platform unifying global anime and manga fandom, enabling fans to discover content and communities while helping IP owners and creators build direct relationships with audiences.

B2B MarketplacesCreator EconomyMedia & Entertainment

Kendrick Wong(CEO)Tony Izumi(CEO, Kasagi Labo Japan)Michael(COO)Chih Yeong(Chief Financial Officer)Yi Li(Chief Investment Officer, General Counsel)Marcus Low(CTO)

Co-investorsBurda Principal InvestmentsFermionGenesia VenturesHashedSuperscrypt

ModHausmod-haus.com𝕏

Modhaus is a K-pop entertainment agency that operates as an open architecture platform, aiming to create a fan-centered music industry ecosystem by incorporating blockchain and metaverse technologies.

Creator EconomyMedia & EntertainmentSeoul, KR

Jaden Jeong

Co-investorsGlobal BrainKDDI Open Innovation FundLaguna InvestmentLB InvestmentReflexive CapitalForesight Ventures

Myuuumyuuu.io

MYUUU is a Japanese startup focused on generative AI, operating one of Japan's largest generative AI communities as the core of its ecosystem.

AI & Machine LearningSaaSTokyo, JP

Togo Muroya(Representative (CEO))

Noxxnoxx.xyz

Co-investorsMaelstromVery Serious Ventures

Oasysoasys.gamesin𝕏

Oasys is a blockchain built for gaming, offering gasless transactions and fast play alongside developer tools that handle payments, user acquisition, and cross-game NFTs.

Crypto & Web3Deep TechGaming

Co-investorsCeras VenturesDigital Finance GroupFenbushi CapitalHyperithmSerafund1984 Ventures Management, Llc+5 more

SONEXsonex.so𝕏

SONEX is a decentralized finance (DeFi) platform built on the Soneium blockchain, offering an all-in-one automated solution with community governance for trading and liquidity.

Crypto & Web3Fintech

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Nonagon made?
Nonagon has 10 tracked investments.
What sectors does Nonagon focus on?
Nonagon focuses on AI & Machine Learning, Crypto & Web3, Fintech, Gaming, Media & Entertainment.
Where is Nonagon located?
Nonagon is headquartered in San Francisco, US.
Who does Nonagon co-invest with?
Nonagon most often shares deals with Maelstrom, Burda Principal Investments, Coinbase Ventures, among 16 tracked co-investors.

Images

Nonagon photo

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