Sandeep Nailwal logo

Sandeep Nailwal

Asia, Indonesia

Description

Sandeep Nailwal is a highly influential figure in the global blockchain and Web3 landscape, primarily recognized as the co-founder and Chief Operating Officer of Polygon (formerly Matic Network), a leading Layer-2 scaling solution for Ethereum. Beyond his pivotal role in building Polygon into a multi-billion dollar ecosystem, Nailwal has emerged as a prolific angel investor and fund manager, actively shaping the future of decentralized technologies. His investment philosophy is deeply rooted in fostering innovation within the Web3 space, particularly focusing on foundational infrastructure, decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain gaming.

Nailwal's investment activities are primarily channeled through two key vehicles: Nailwal Ventures and Symbolic Capital. Nailwal Ventures serves as his personal angel investment arm, through which he has made over 40 angel investments in early-stage Web3 projects. This fund typically focuses on seed and pre-seed rounds, providing crucial early capital to promising startups. In addition to his personal ventures, Nailwal co-founded Symbolic Capital alongside Kenzi Wang, a dedicated Web3 venture fund that launched with a substantial $50 million fund in August 2022. Symbolic Capital aims to deploy larger checks into more mature Web3 companies, complementing the early-stage focus of Nailwal Ventures.

As an investor, Sandeep Nailwal is known for his hands-on approach, leveraging his extensive technical expertise and operational experience from Polygon to provide strategic guidance to his portfolio companies. He is particularly keen on supporting founders who are building scalable, user-friendly, and impactful decentralized applications. His investment thesis often emphasizes projects that address critical infrastructure gaps or enhance user adoption within the Web3 ecosystem. Nailwal also demonstrates a strong commitment to nurturing the Web3 talent pool and ecosystem in emerging markets, including his native India, believing in the region's potential to drive significant innovation in the decentralized space.

Investor Profile

Sandeep Nailwal has backed more than 104 startups, with 24 new investments in the last 12 months alone. The firm has led 2 rounds, about 2% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, India, Singapore.
  • Strong thematic focus on Blockchain, Cryptocurrency, Web3.
  • Typical check size: $50K – $500K.

Stage Focus

  • Seed (59%)
  • Pre Seed (17%)
  • Series A (10%)
  • Series Unknown (5%)
  • Angel (4%)
  • Initial Coin Offering (3%)
  • Corporate Round (1%)
  • Series B (1%)
  • Grant (1%)

Country Focus

  • United States (33%)
  • India (13%)
  • Singapore (10%)
  • Cayman Islands (6%)
  • United Kingdom (4%)
  • United Arab Emirates (3%)
  • Switzerland (2%)
  • Canada (2%)
  • Nigeria (2%)
  • Spain (2%)

Industry Focus

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

Frequently Asked Questions

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

Who does Sandeep Nailwal frequently co-invest with?

Woodstock Fund
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 7
Animoca Ventures
North America, Midland, Cayman Islands, Grand Cayman
Co-Investments: 6
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 7
Robot Ventures
North America, New York, United States, New York
Co-Investments: 8
HashKey Capital
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 6
AU21 Capital
North America, California, United States, San Francisco
Co-Investments: 8
Polychain
North America, California, United States, San Francisco
Co-Investments: 9
Foresight Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 7
PV
Europe, Castilla-La Mancha, Spain, Tórtola
Co-Investments: 8
Symbolic Capital
North America, New York, United States, New York
Co-Investments: 9

Which angels does Sandeep Nailwal often collaborate with?

Gabby Dizon
Asia, Rizal, Philippines, Pasig
Shared Deals: 4
Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 21
GR
North America, California, United States, San Francisco
Shared Deals: 4
SK
Europe, England, United Kingdom, London
Shared Deals: 8
Tekin Salimi
North America, New Providence, Bahamas, Nassau
Shared Deals: 4
PT
North America, New York, United States, New York
Shared Deals: 5
Jaynti Kanani
Asia, Karnataka, India, Bengaluru
Shared Deals: 10
AY
North America, California, United States
Shared Deals: 4
IP
North America, California, United States, Mountain View
Shared Deals: 5
Aniket Jindal
Asia, Delhi, India
Shared Deals: 6

What are some of recent deals done by Sandeep Nailwal?

Veda operates as a vault infrastructure platform.

CryptocurrencyDecentralized Finance (DeFi)
Series AJun 22, 2025
Amount Raised: $18,000,000
Defx

Singapore, Central Region, Singapore

Defx is a non-custodial perps venue. We're built on Arbitrum, and will be coming to Solana very soon.

BlockchainCryptocurrencyDecentralized Finance (DeFi)Financial ServicesFinTechTrading PlatformWeb3
SeedJun 12, 2025
Amount Raised: $2,500,000
RISE Chain

Sydney, New South Wales, Australia

RISE is a fast, scalable Ethereum Layer 2 blockchain delivering instant transactions with full decentralization.

BlockchainCryptocurrencyEthereum
SeedJun 9, 2025
Amount Raised: $4,000,000

SpaceComputer uses satellites to create a secure blockchain system that resists cyberattacks and physical tampering.

BlockchainComputerSatellite Communication
Pre SeedMay 13, 2025

Querying AI models with Homomorphic Encryption

Pre SeedApr 23, 2025
Amount Raised: $3,250,000
Prime Intellect

San Francisco, California, United States

Find compute. Train Models. Co-own intelligence.

Artificial Intelligence (AI)Cloud Computing
SeedFeb 28, 2025
Amount Raised: $15,000,000

Optimum constitutes a decentralized, high-performance memory infrastructure tailored for use across various blockchains.

BlockchainDecentralized Finance (DeFi)Web3
AngelFeb 28, 2025
D3

Las Vegas, Nevada, United States

D3 is a domainFi network that connects Web3 ecosystems with users on the root layer of the internet.

Domain RegistrarInformation TechnologySoftwareWeb3
Series AJan 29, 2025
Amount Raised: $25,000,000
Sarla Aviation

Bengaluru, Karnataka, India

Sarla Aviation creates electric vertical take-off and landing eVTOL aircraft.

AerospaceAir Transportation
Series AJan 14, 2025
Amount Raised: $10,000,000
Lava Network

George Town, Midland, Cayman Islands

Lava is the modular data access network for scaling access to any blockchain.

BlockchainCommunications InfrastructureCryptocurrencyInformation TechnologyWeb3
Series UnknownJan 9, 2025
Amount Raised: $12,000,000