DeVC (Decentralised VC) is a pre-seed and seed-stage venture capital firm based in Bengaluru, India, anchored by Matrix Partners India (now Z47). The firm operates a network-led model, leveraging a collective of 40+ founders and operators to source and evaluate investments in AI, fintech, deep tech, and other sectors.
Deal activity decreased year-over-year (6 deals in the last 12 months vs 11 prior). Average disclosed round size is $3.5M (across 62 rounds with reported amounts).
Portfolio
50
Fund Size
—
Top Stage
Seed
Last 12 Mo
6
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
68 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Mandrake Bio | Pre-Seed | $1.9M | Jul 2026 |
 Acceler8 | Unknown | $6M | Jun 2026 |
 Companion Labs | Seed | $2.5M | Mar 2026 |
 Potpie AI | Pre-Seed | $2.2M | Feb 2026 |
 Smallest | Series A | $13M | Jan 2026 |
| PPinegap | Series A | $8M | Jan 2026 |
 Nyayanidhi | Seed | — | Jan 2026 |
| SSmallest.ai | Series A | $13M | Jan 2026 |
 PowerUp Money | Series A | $12M | Dec 2025 |
 Confido Health | Series A | $10M | Sep 2025 |
 Vyomic | Pre-Seed | $1.6M | Sep 2025 |
 Terafac | Pre-Seed | — | Aug 2025 |
 Grexa | Seed | $1.9M | Jul 2025 |
 AuraML | Pre-Seed | $1M | Jun 2025 |
 Cleevo | Seed | $1M | May 2025 |
 Stance | Pre-Seed | — | Apr 2025 |
| SStance Health | Pre-Seed | $1M | Apr 2025 |
| FFelicity Games | Seed | $3M | Mar 2025 |
 HighPerformr.ai | Seed | $3.5M | Feb 2025 |
| TTractor Factory | Pre-Seed | $500K | Jan 2025 |
| PowerUp Money | Series A | $12M | Jan 2025 |
 GameRamp | Pre-Seed | $5.4M | Jan 2025 |
 Morphing Machines | Series A | $4.3M | Jan 2025 |
| SStance Health | Pre-Seed | $1M | Jan 2025 |
 AskMyGuru | Seed | $500K | Jan 2025 |
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Top Co-Investors
India Quotient34 shared
3one4 Capital8 shared
Blume Ventures5 shared
Accel5 shared
Better Capital5 shared
Antler5 shared
Together Fund4 shared
8i Ventures4 shared
Peak XV Partners4 shared
Speciale Invest4 shared
Inventus Capital Partners4 shared
General Catalyst4 shared
Kae Capital3 shared
BITKRAFT Ventures3 shared
private angel investors3 shared
Upsparks3 shared
Y Combinator3 shared
Veda VC3 shared
MedMountain Ventures2 shared
South Park Commons2 shared
Last updated: 20 October 2026