Electric Capital

Venture Capital

Early-stage venture firm investing in crypto networks, Web3 protocols, and blockchain-enabled businesses, founded by Avichal Garg and Curtis Spencer with deep technical expertise.

San Francisco, United States · 66+ investments · 89 portfolio companies

Seed
Early Stage
Growth
Crypto & Web3
DeFi
Headquarters
San Francisco, United States
Founded
2018
AUM
$1.0B
Portfolio Companies
89
Total Investments
66
Last Investment
Jul 2026
Geographic Focus
Asia, Europe, North America

Investment Thesis

Invests in user-owned technology empowered by distributed systems and cryptography — crypto networks, Web3 protocols, and blockchain infrastructure — using an engineering-first approach at seed and early stages.

Electric Capital is a Venture Capital firm based in San Francisco, United States. It has made 66 investments in Crypto & Web3 and DeFi, including Bitnomial, ChronicleBio and Silo Finance.

Portfolio89

Co-investors24

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24 co-investors across 159 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×22 · Corporate VC ×2 · 85 shared rounds

Investment History

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