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Nonagon

Venture capital

San Francisco · 8 people tracked

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Investment thesis

Nonagon Capital focuses on the blockchain sector, both investing in and building on blockchain technologies. The firm's portfolio spans gaming, digital identity, DeFi, entertainment/music, decentralized autonomous organizations, and UGC media, reflecting a broad interest in crypto-native applications and infrastructure. Operating out of San Francisco and Tokyo, the firm combines a presence in the US and Japanese markets to support blockchain builders and founders.

Source: firm website, verified Sep 20, 2026.

HQ
San Francisco, US
Instruments
Equity
Tracked investments
10

Team · 8 people

from the firm's website
Kazushi Okamoto· Founding Partnerin
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

Co-investorsDataTribeLightspeed Venture PartnersSciFi VCStripeSyn Ventures Seed Management LlcTEDCO

D3d3.incin

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 VenturesMaelstromParadigmVentureSouqDharmesh ShahSandeep Nailwal

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)inMichael(COO)Chih Yeong(Chief Financial Officer)inYi Li(Chief Investment Officer, General Counsel)inMarcus Low(CTO)

Co-investorsBurda Principal InvestmentsFermionGenesia VenturesGold House VenturesHashedSuperscrypt

ModHausmod-haus.comin𝕏

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(CEO)

Co-investorsAtinum Investment Co. Ltd.Global BrainKDDI Open Innovation FundLaguna InvestmentLB InvestmentReflexive Capital+2 more

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))in

Oasysoasys.gamesin𝕏

Oasys is a gaming-focused blockchain built by gaming industry veterans, designed with user experience at its core through features like zero gas fees and fast transaction finality.

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

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

E-Pal/BalanceHydra VenturesNoxx

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 19 tracked co-investors.

Images

Nonagon photo

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