NC

Nomad Capital

North America, New York, United States, New York

Description

Nomad Capital is a prominent venture capital firm exclusively focused on the blockchain and cryptocurrency sectors, headquartered in New York City. Co-founded by Spencer Noon and Dan Zuller, the firm has established itself as a key investor in foundational Web3 infrastructure and decentralized technologies. Spencer Noon, a well-regarded voice in the crypto space, brings deep industry insights that shape the firm's investment thesis, often shared through his widely followed market commentary.

The firm's investment strategy centers on identifying and backing early-stage projects with high potential to become critical components of the decentralized internet. Nomad Capital typically participates in seed and Series A rounds, demonstrating a strong conviction in long-term trends rather than short-term market fluctuations. Their portfolio boasts an impressive roster of leading crypto infrastructure projects, including LayerZero, Celestia, EigenLayer, Scroll, Arbitrum, Optimism, zkSync, and StarkWare, all of which are pivotal in scaling and securing the blockchain ecosystem.

Nomad Capital maintains an active investment pace, reflecting its commitment to the rapidly evolving crypto landscape. As of early 2024, the firm has reportedly made over 50 investments, with Crunchbase listing 53 distinct investments across various sub-sectors of the crypto economy. Nomad Capital typically deploys first checks ranging from $500,000 to $5 million, indicating a focus on meaningful, impactful investments in projects they believe will drive significant innovation and adoption within the Web3 space. Their strategic capital and deep network make them a sought-after partner for crypto founders.

Investor Profile

Nomad Capital has backed more than 33 startups, with 11 new investments in the last 12 months alone. The firm has led 2 rounds, about 6% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, United Arab Emirates.
  • Strong thematic focus on Blockchain, Cryptocurrency, Information Technology.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (67%)
  • Series A (15%)
  • Series Unknown (12%)
  • Series B (3%)
  • Pre Seed (3%)

Country Focus

  • United States (36%)
  • Singapore (9%)
  • United Arab Emirates (6%)
  • Canada (6%)
  • Bahamas (6%)
  • United Kingdom (6%)
  • Cayman Islands (3%)
  • Australia (3%)
  • Switzerland (3%)
  • Argentina (3%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Information Technology
  • Web3
  • Software
  • Artificial Intelligence (Ai)
  • Financial Services
  • Decentralized Finance (Defi)
  • Information Services
  • Internet
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Nomad Capital frequently co-invest with?

OKX Ventures
Africa, Beau Vallon, Seychelles, Mahé
Co-Investments: 9
dao5
North America, Utah, United States, Virgin
Co-Investments: 12
Mirana
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 8
Co-Investments: 5
Binance Labs
Europe, NA - Malta, Malta, Birkirkara
Co-Investments: 7
Hack VC
North America, California, United States, San Francisco
Co-Investments: 6
BV
North America, Virginia, United States, Norfolk
Co-Investments: 6
Polychain
North America, California, United States, San Francisco
Co-Investments: 14
Foresight Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 6
Symbolic Capital
North America, New York, United States, New York
Co-Investments: 9

Which angels does Nomad Capital often collaborate with?

Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 4
Sandeep Nailwal
Asia, Indonesia
Shared Deals: 3
David Choi
North America, United States
Shared Deals: 1
Shared Deals: 2
Bo Feng
Asia, Liaoning, China, Chaoyang
Shared Deals: 1
Antony Lewis
Asia, Singapore
Shared Deals: 1
AR
North America, United States
Shared Deals: 1
IS
North America, California, United States, Palo Alto
Shared Deals: 1
CL
North America, California, United States, San Francisco
Shared Deals: 2
IP
North America, California, United States, Mountain View
Shared Deals: 2

What are some of recent deals done by Nomad Capital?

Fluent Labs

California City, California, United States

Fluent Labs is a blockchain development company.

BlockchainCryptocurrencyWeb3
SeedFeb 19, 2025
Amount Raised: $8,000,000

Oshi is an open animation platform that unites creators and fans to forge global anime hits within a blockchain-powered ecosystem.

AnimationBlockchainCryptocurrency
SeedJan 18, 2025
Amount Raised: $12,500,000
StakeStone

Singapore, Central Region, Singapore

StakeStone is an omnichain liquidity infrastructure used to optimize crypto staking and asset management.

Asset ManagementBlockchainCryptocurrencyEthereumInformation Technology
SeedNov 11, 2024
Amount Raised: $22,000,000

Brevis is a smart verifiable computing platform that brings infinite scalability to existing blockchains.

BlockchainCryptocurrencyWeb3
SeedNov 11, 2024
Amount Raised: $7,500,000
CrytocoinMiner

Slough, Buckinghamshire, United Kingdom

CrytocoinMiner is a cryptocurrency cloud-mining platform providing a full range of cloud-mining contracts.

BlockchainConsultingCryptocurrency
Series UnknownNov 4, 2024
Amount Raised: $100,000,000
PIN AI

California City, California, United States

PIN AI makes personal on-device intelligence accessible to everyone, transforming digital footprints into a personal executive assistant.

Artificial Intelligence (AI)Information ServicesInformation Technology
Pre SeedSep 9, 2024
Amount Raised: $10,000,000
Solayer

San Francisco, California, United States

Solayer is the hardware accelerated SVM L1 blockchain.

BlockchainDecentralized Finance (DeFi)HardwareInfrastructure
SeedAug 27, 2024
Amount Raised: $12,000,000
Orderly Network

Nassau, New Providence, Bahamas

Orderly Network is a next generation trading infrastructure.

BlockchainCryptocurrencyFinancial Services
SeedAug 15, 2024
Amount Raised: $5,000,000
Orderly Network

Nassau, New Providence, Bahamas

Orderly Network is a next generation trading infrastructure.

BlockchainCryptocurrencyFinancial Services
Series UnknownAug 15, 2024
Amount Raised: $5,000,000
Sahara AI

Los Angeles, California, United States

Sahara AI is a decentralized AI network that enables freely and securely deploy autonomous AI with high-performance, privacy-first network.

Artificial Intelligence (AI)BlockchainDecentralized Finance (DeFi)Web3
Series AAug 14, 2024
Amount Raised: $37,000,000