Breed VC is a US-based venture capital firm founded by Jed Breed, previously head of digital assets at Circle where he helped launch USDC, and later led Accomplice VC's institutional DeFi fund. The firm backs day-zero, pre-seed and seed founders building open financial infrastructure and decentralized AI.
Breed VC invests in decentralized systems, user-owned infrastructure and technologies at the intersection of AI and crypto, spanning decentralized finance, blockchain infrastructure, AI agents and autonomous economic systems, and MEV solutions.
The firm backs day-zero, pre-seed and seed founders nationally across the United States, writing checks of $250,000 to $750,000 alongside lead investors.
Breed VC closed its $15 million Fund II in early 2026, following Fund I (launched 2023), which tracked among the top 10% of comparable 2023 venture funds per Carta's Q1 2026 benchmarks and is now returning capital to investors.
Fund II's backers include institutional investors FalconX, Hutt Capital and Arrington Capital, along with angel investors Nic Carter of Castle Island Ventures, Rob Hadick of Dragonfly, and Jake Brukhman of CoinFund.
Leadership
Jed Breed is Founder and General Partner of Breed VC.
He previously led digital assets at Circle, where he helped launch USDC, and ran Accomplice VC's institutional DeFi fund.
Nick Garcia is Investment Partner, previously a manager on Messari's research team.
Investment Strategy
Breed VC writes checks of $250,000 to $750,000, representing 2% to 5% of the fund per investment, into day-zero, pre-seed and seed-stage companies, pairing high-conviction deal access with deep founder engagement alongside lead investors.
Notable Investments
info@breed.vc
Jed Breed, Founder and Managing Partner
jed@breed.vc
Nick Garcia, Investment Partner
nick@breed.vc
United States
