Profile
Breed VC is a Miami-based venture capital firm founded by Jed Breed, a former Circle executive who played a key role in launching USDC. The firm operates with a lean team structure, consisting of Jed Breed as the Founder and General Partner and Nick Garcia as the Investment Partner. Breed VC differentiates itself by specializing in open financial infrastructure and decentralized AI, supported by an LP base that includes prominent crypto-native institutional and angel investors.
Breed VC focuses on investing in day-zero, pre-seed, and seed-stage companies, with typical check sizes ranging from $250,000 to $750,000. The firm is dedicated to sectors such as open financial infrastructure and decentralized AI, with a geographic focus that is broadly centered around Miami. Breed VC has successfully closed a $15 million second fund, following a promising first fund that reportedly ranks in the top decile for its vintage year.
Notable investments by Breed VC include Monad, Ethena, Exo Labs, Agora, MyPrize, and Nous Research, all of which are part of Fund I. For Fund II, early portfolio companies like Silicon Data, 3Jane, M1X Global, and USD.AI have been backed. The firm is known for its strong performance track record and its unique position within the crypto and AI sectors.
Industry
Breed Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Breed VC Fund II
|
Venture Capital (VC)
|
Blockchain/Crypto
AI
|
Pre-seed
Seed
|
North America
|
$0-1 m
|
$15 M
|
September 2026
|
Contacts
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