a16z crypto is a venture capital fund that invests in crypto and blockchain startups across all stages. Its latest fund, Fund 5, raised $2.2 billion in committed capital, bringing the total raised across five funds to more than $9.8 billion.
35% of their portfolio is in Crypto & Web3. Deal activity decreased year-over-year (5 deals in the last 12 months vs 11 prior). Average disclosed round size is $44.0M (across 92 rounds with reported amounts).
Portfolio
83
Fund Size
$2.2B
Top Stage
Seed
Last 12 Mo
5
Team
Noah Levine
Investing Partner
Alisha Litman
Events
Andrew Lakis
Finance
Aubree Pelaez
Office Administration
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
101 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Digital Asset Holdings | Series F | $355M | Jun 2026 |
 Morpho | Unknown | $175M | Jun 2026 |
 Catena | Series A | $30M | May 2026 |
 Cork Protocol | Seed | $5.5M | Jan 2026 |
 Talos | Series B | $45M | Jan 2026 |
 Morpho | Unknown | $175M | Jan 2026 |
 Catena Labs | Series A | $30M | Jan 2026 |
 ZODL | Seed | $25M | Jan 2026 |
| Digital Asset Holdings | Unknown | $355M | Jan 2026 |
 Cambrian Network | Pre-Seed | — | Jan 2026 |
 Aura | Seed | $5M | Jan 2026 |
 Aura | Seed | $5M | Jan 2026 |
 Daylight Energy | Series B | — | Oct 2025 |
 Loop | Strategic | — | Aug 2025 |
| EEphemera | Series B | $20M | Jul 2025 |
 OpenTrade | Series A | — | Jun 2025 |
| KKYD | Seed | $7M | May 2025 |
| KKYD | Unknown | $7.1M | May 2025 |
 Inco | Unknown | $5M | Apr 2025 |
 Walrus | Growth | $140M | Mar 2025 |
 EigenLayer | Unknown | $70M | Jan 2025 |
| Catena Labs | Seed | $18M | Jan 2025 |
 Seismic | Unknown | $10M | Jan 2025 |
 Seismic | Unknown | $10M | Jan 2025 |
 Miden | Seed | $25M | Jan 2025 |
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Top Co-Investors
Andreessen Horowitz38 shared
Coinbase Ventures24 shared
Paradigm9 shared
Circle Ventures8 shared
Polychain Capital7 shared
General Catalyst7 shared
SV Angel6 shared
Variant6 shared
Pantera Capital6 shared
Standard Crypto6 shared
Breyer Capital6 shared
Hack VC6 shared
Founders Fund5 shared
1kx5 shared
Ribbit Capital5 shared
Apollo Global Management, Inc.5 shared
dao55 shared
Samsung Next4 shared
M134 shared
Last updated: 7 October 2026