Earl Grey Capital is an early-stage venture fund that focuses on investing in companies building foundational internet infrastructure, such as APIs, protocols, and developer tools, across both Web2 and Web3 spaces. Their strategy is rooted in a "founders backing founders" philosophy, providing portfolio companies with capital alongside operational and strategic support.
40% of their portfolio is in AI. Their most common stage is seed (60% of deals). Average disclosed round size is $10.2M (across 5 rounds with reported amounts).
Portfolio
5
Fund Size
$26.5M
Top Stage
Seed
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
5 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 CrewAI | Series A | $18M | Oct 2024 |
 dWallet Labs | Pre-Seed | $5M | Aug 2022 |
 ScienceIO | Seed | $8M | Oct 2021 |
 Simplified | Seed | $2.2M | Jun 2021 |
| CrewAI | Seed | $18M | — |
Top Co-Investors
Craft Ventures3 shared
Boldstart Ventures2 shared
Insight Partners2 shared
Section 321 shared
Quiet Capital1 shared
Dorm Room Fund1 shared
Toba Capital1 shared
Digital Currency Group1 shared
Amplify Partners1 shared
Liquid21 shared
Impatient Ventures1 shared
Token Bay Capital1 shared
Blitzscaling Ventures1 shared
Ribbit Capital1 shared
Superhuman1 shared
Uber1 shared
Form Ventures1 shared
8-Bit Capital1 shared
GFR Fund1 shared
MyAsia VC1 shared
Last updated: 8 March 2026