{"id":860,"name":"Nascent","slug":"nascent","website":"https://nascent.xyz/","hqGeo":"Global","stageFocus":["Pre-Seed","Seed"],"sectorTags":["Other"],"excludedSectors":[],"checkSizeMin":250000,"checkSizeMax":1000000,"thesisSummary":"Nascent is a thesis-driven fund specializing in crypto-native startups, DeFi protocols, and innovative early Web3 solutions.","thesisNarrative":null,"logoUrl":null,"aumUsd":17000000,"submissionUrl":null,"linkedinUrl":null,"twitterHandle":null,"portfolio":[{"companyName":"dYdX","companyUrl":null,"stage":null,"sector":"DeFi","investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"SuperRare","companyUrl":null,"stage":null,"sector":"Web3","investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Morpho","companyUrl":null,"stage":null,"sector":null,"investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Ethena","companyUrl":null,"stage":null,"sector":null,"investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Spearbit","companyUrl":null,"stage":null,"sector":null,"investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Initia","companyUrl":null,"stage":null,"sector":null,"investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Optimism","companyUrl":null,"stage":null,"sector":null,"investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Mezo","companyUrl":null,"stage":null,"sector":null,"investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Etherscan","companyUrl":null,"stage":null,"sector":null,"investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Aztec","companyUrl":null,"stage":null,"sector":null,"investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Socket","companyUrl":null,"stage":null,"sector":null,"investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Messari","companyUrl":null,"stage":null,"sector":null,"investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Obol Network","companyUrl":null,"stage":null,"sector":null,"investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Flashbots","companyUrl":null,"stage":null,"sector":null,"investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null}],"partnerCount":3,"partners":[{"id":1336,"name":"Dan Elitzer","title":"Partner","seniority":null,"focusTags":["Crypto","DeFi"],"linkedinUrl":"https://www.linkedin.com/in/delitzer","twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]},{"id":8048,"name":"Shubhi Agarwal","title":"Principal Product Manager","seniority":null,"focusTags":[],"linkedinUrl":"https://www.linkedin.com/in/shubhi-agarwal-73103018","twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]},{"id":8047,"name":"Josh Felker","title":"Co-Founder","seniority":null,"focusTags":[],"linkedinUrl":"https://www.linkedin.com/in/joshfelker","twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]}],"funds":[],"activity":{"lastInvestmentYear":null,"investmentsLast12Months":0},"investorType":"vc","preferredApproach":"cold outreach ok","prefersFounderType":null,"oneClickPitchEnabled":false,"relatedFirms":[{"id":704,"name":"Borderless Capital","slug":"borderless-capital","logoUrl":null,"website":"https://www.borderlesscapital.io/","stageFocus":["Pre-Seed","Seed"],"sectorTags":["Other"],"hqGeo":"Miami, FL"},{"id":862,"name":"Palm Tree Crew Crypto","slug":"palm-tree-crew-crypto","logoUrl":null,"website":"https://palmtreecrew.com","stageFocus":["Seed","Pre-Seed"],"sectorTags":["Other","Fintech"],"hqGeo":"Los Angeles, CA"},{"id":682,"name":"Dragonfly Capital","slug":"dragonfly-capital","logoUrl":null,"website":"https://www.dragonflycapital.com/","stageFocus":["Seed"],"sectorTags":["Other","Fintech"],"hqGeo":"San Francisco, CA"},{"id":1103,"name":"Hashkey Capital","slug":"hashkey-capital","logoUrl":null,"website":"https://hashkey.capital/","stageFocus":["Seed"],"sectorTags":["Other"],"hqGeo":"Hong Kong, China"},{"id":97,"name":"Union Square Ventures","slug":"union-square-ventures","logoUrl":null,"website":"https://www.usv.com","stageFocus":["Seed","Series A"],"sectorTags":["Other","Marketplace","Climate / Energy","AI / ML","Developer Tools","Healthcare"],"hqGeo":"US-NYC"},{"id":905,"name":"BlueYard Capital","slug":"blueyard-capital","logoUrl":null,"website":"https://blueyard.com","stageFocus":["Seed"],"sectorTags":["Other"],"hqGeo":"Berlin, DE"}],"featuredIn":[{"slug":"pre-seed","displayName":"Pre-Seed Investors","pageType":"stage"},{"slug":"seed","displayName":"Seed Investors","pageType":"stage"}],"fundraisingResources":[{"slug":"Finding-Investors-For-Startup-In-2026","title":"How to Find Investors for Your Startup in 2026 (Without Cold-Searching Databases)"},{"slug":"how-vcs-help-portfolio-raise-follow-on","title":"How VCs Can Actually Help Their Portfolio Companies Raise Follow-On"},{"slug":"how-many-investors-should-you-pitch","title":"How Many Investors Should You Pitch? The Math Most Founders Get Wrong"}],"overviewNarrative":null,"portfolioNarrative":null,"seoTitle":null,"seoDescription":null,"lastVerifiedAt":"2026-06-25T10:29:05.626Z"}