FFundraiseJet
Canonical Crypto logo

Canonical Crypto

San Francisco, CA · Invests in San Francisco; US; Global · Website

Pre-SeedSeedAI & Machine LearningDeveloper ToolsFintechCrypto & Web3RoboticsDeveloper Tools & InfrastructureFintech & PaymentsRobotics & Automation

Thesis

Canonical backs exceptionally talented technical founders building infrastructure for a post-AGI future. The firm focuses on alternative AI architectures and learning paradigms, decentralized systems to prevent AI monopolization, and frontier technologies at the intersection of AI, blockchain, and robotics.

Likely not a fit for

No consumer apps, pure scaling plays, or centralized AI concentration models.

How they invest

Lead or follow
Usually leads
Typical decision
~2 weeks
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Decision process
Partnership vote

Partners & team

2 contacts on file

AI

Anand Iyer

General PartnerFounder & Managing Partner · Primary contact

+ Pitch

LinkedIn profile

X profile

Sign up free to unlock contact →
AA

Anthony Avedissian

PartnerPartner

+ Pitch

Portfolio

MestaFintech Payments

Mesta is a venture-backed startup revolutionizing global FIAT and stablecoin payments through a real-time blockchain payment network, enabling businesses to move money faster and cheaper across borders.

RainFintech Payments

Rain is a financial services company that provides a voluntary benefit allowing employees to access their earned wages instantly, rather than waiting for scheduled paydays. With over 2 million users and partnerships with more than 1,200 employers, Rain helps reduce financial stress for employees while improving retention and productivity for businesses.

GensynEnterprise Software

Gensyn is a network for machine intelligence that connects core resources required for machine intelligence to flourish alongside human intelligence. It focuses on building decentralized AI applications and facilitating contributions to train and evaluate better models.

VirtualsEnterprise Software

Virtuals Protocol is a society of AI agents that enables autonomous agents to generate services or products and engage in commerce with humans and other agents. The ecosystem is built around a tokenization platform and includes various components like the Agent Commerce Protocol and robotics.

SaharaEnterprise Software

Sahara is an AI and blockchain development platform that enables users to build, customize, and deploy AI agents quickly and efficiently. It combines no-code tools with powerful backend infrastructure to facilitate AI development on-chain.

RitualFood Beverage

Ritual is a health-focused company offering a range of nutritional supplements, including multivitamins and gut health products. They emphasize high standards and transparency in their product offerings.

ExoEnterprise Software

Exo is building an open-source AI stack that allows users to run AI locally on their devices, enhancing privacy and control over personal data. Their platform includes a local AI assistant capable of integrating with smart devices.

OpenGradientEnterprise Software

OpenGradient is bringing the world's AI compute onchain for verifiability and transparency, providing a decentralized platform for user-owned AI.

SynthefyEnterprise Software

Synthefy is building the world's first multi-modal GenAI platform for time series analysis, enabling businesses to extract actionable insights from their numerical data through advanced forecasting and synthesis capabilities.

SentientEnterprise Software

The Sentient Foundation is a non-profit organization dedicated to ensuring that Artificial General Intelligence is open-source and never controlled by a single entity, safeguarding its alignment with humanity.

Proof of StakeSemiconductors Hardware

Proof of Stake (PoS) is a consensus mechanism for validating transactions in cryptocurrencies, relying on validators who hold a stake in the network. It is less energy-intensive than Proof of Work (PoW).

Recent activity

Canonical Crypto in the news

Similar firms

Research briefRead more
Canonical Crypto Research Executive Summary Canonical Crypto is a San Francisco-based early-stage venture capital firm focused on backing technical founders building the core infrastructure for open, decentralized networks at the intersection of AI and blockchain. Founded in 2022 by Anand Iyer and now led by a lean two-person team including Anthony Avedissian, Canonical operates with a frontier te

Sign up free to read the full research brief →

Add Canonical Crypto to your investor list

Sign up free to save investors, see partner contacts, and track your raise.

Sign up