Solo GP Jed Breed raises $15M for his second early-stage crypto fund, planning $250k–$750k checks per startup.
VC & Fundraising ·
Jed Breed has closed a $15 million fund for his second venture vehicle focused on early-stage crypto startups. The fund plans to deploy capital through individual checks ranging from $250,000 to $750,000 per investment.
The fund structure reflects a typical early-stage allocation pattern, with ticket sizes sized to support nascent projects while maintaining portfolio diversification across multiple founders. Breed operates as a solo general partner managing the vehicle's deployment and governance.
The fund's launch follows what appears to be a prior fund vehicle, though details on timing, performance, or any specific portfolio commitments from this new capital remain unreported.