Cygni Capital
Description
Cygni Capital is a San Francisco-based venture capital firm deeply entrenched in the evolving landscape of digital trust, with a specialized focus on Blockchain, Privacy, and Artificial Intelligence technologies. Operating from the heart of the tech industry, the firm strategically invests in foundational technologies and innovative applications that are poised to redefine how trust is established and maintained in decentralized and data-intensive environments. Their investment philosophy centers on identifying early-stage companies with disruptive potential, contributing to the development of the next generation of secure and intelligent systems.
The firm primarily targets early-stage opportunities, actively participating in Seed and Series A funding rounds, though they also engage in later-stage investments for promising portfolio companies. Cygni Capital has built a robust portfolio of high-profile projects within the Web3 and AI sectors. Notable investments include foundational blockchain infrastructure providers like Blockdaemon and Mysten Labs, as well as Layer 1 blockchain platforms such as Aptos and Celestia. As of early 2024, Crunchbase data indicates Cygni Capital has made approximately 15 investments, showcasing a focused yet impactful investment pace within their niche.
While specific check sizes are not publicly disclosed, Cygni Capital's participation in significant funding rounds suggests a capacity for substantial capital deployment. For instance, they were an investor in Aptos's seed round, which famously raised $200 million, indicating their involvement in large, competitive deals. Based on their typical investment stage and the scale of the projects they back, Cygni Capital generally writes first checks ranging from approximately $500,000 for early seed-stage ventures to potentially $5,000,000 or more for leading Series A rounds. This flexibility allows them to support promising startups from their nascent stages through significant growth milestones, solidifying their position as a key player in the "future of trust" investment space.
Investor Profile
Cygni Capital has backed more than 21 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 5% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series C, Series B rounds (top funding stages).
- Majority of deals are located in United States, France, Canada.
- Strong thematic focus on Blockchain, Cryptocurrency, Software.
- Typical check size: $500K – $5M.
Stage Focus
- Seed (57%)
- Series C (10%)
- Series B (10%)
- Series A (10%)
- Series D (5%)
- Convertible Note (5%)
- Pre Seed (5%)
Country Focus
- United States (43%)
- France (29%)
- Canada (19%)
- Switzerland (5%)
Industry Focus
- Blockchain
- Cryptocurrency
- Software
- Information Technology
- Fintech
- Web3
- Developer Apis
- Network Security
- Machine Learning
- Bitcoin
Frequently Asked Questions
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