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Tier 1Active

Electric Capital

InfrastructureDeFiAIProgrammable Money

Fund snapshot

Lookout tier
Tier 1
Lookout score
93/100
AUM
Vintage
2018
Check size
$1M – $25M
Stage
Seed, Series A, Liquid
Role
Leads rounds

Lookout's read

How Lookout reads this fund.

One of the most data-driven shops in crypto — the annual Developer Report alone gives them an information edge few rivals match. Heavy infra/L1 concentration means they ride ecosystem cycles hard, but the hit rate on foundational bets is elite. A genuine Tier 1 lead.

Fund thesis

What they back.

Invest in programmable money and crypto-native technology across liquid and illiquid tokens, treating emerging protocols as novel stores of value rooted in defensible tech and developer traction.

Portfolio

Notable bets · 5

4 with realized tokens or exits

Solana

2019
L1EarlyToken live

EigenLayer

2022
RestakingSeedToken live

NEAR

2018
L1EarlyToken live

dYdX

2019
DeFiEarlyToken live

Magic Eden

2022
NFTSeries AActive

Team

Who runs the capital.

Avichal Garg

@avichal

Co-Founder & GP

Ex-Facebook product leader and Google Assistant; sold his startup Spool to Facebook.

Maria Shen

@mariaxshen

Partner

Former startup CTO/co-founder before joining Electric's investment team.

Co-investors

Who they ride with.

Facts public-source · tier & read are Lookout judgment · profile updates continuously