Breed VC is a crypto-native venture capital firm investing in early-stage decentralized technologies, with activity from pre-seed and seed through Series A. It focuses on blockchain, crypto infrastructure, AI x crypto, fintech, developer tools, security, data and applications, and backs companies in the United States and Canada. Portfolio examples include Nous Research, Monad, Ethena and Spearbit, making it most relevant for founders building web3 infrastructure, crypto financial markets, smart-contract security and adjacent AI/data or gaming businesses.