Crypto fund deal count by year: 78 of NGC's 152 in 2021

A crypto fund deal count by year is built by pulling every round the fund is recorded as backing, dropping the rows with no announce date, then bucketing what is left by the year of that date. NAUT tracks 152 backed rounds for NGC Ventures at 144 separate companies, 139 of them carrying a date, and 78 of those 139 were announced in 2021 against 61 across the other 8 years, from 2018 to 2026.

How this was built: on 11 November 2026, NAUT read every round record it holds against the NGC Ventures row. That is 152 records, all of them live and publishable, resolving to 144 separate companies, so 8 records sit at a company that already appears on the list. 149 of the 152 carry a disclosed amount. Each amount is the whole round's size as NAUT records it, so a fund that wrote $500,000 into a $20M round shows up here under a $20M round, and none of the figures below is the fund's own cheque. 13 of the 152 records carry no announce date and are left out of every yearly figure in this article, which is why the yearly counts add to 139 and never to 152; those 13 hold $79.6M of round size between them and stay unnamed as a data defect. NAUT's record also carries no lead flag on any of the 152 rows, so this article makes no claim about which of these rounds the fund led. 2 claims were put to pages outside NAUT, both about the fund itself rather than any round: its 2017 founding and its base. No single round record was put to an outside source, so read every count as NAUT's coverage on 11 November 2026 and never as the fund's full history. Written by NAUT Research.

Crypto fund deal count by year, in 4 steps

The pace of a fund is the number a founder actually wants: a firm that did 78 deals in its best year and 1 last year is a different conversation from a firm that does 12 every year.

• Start from round records, not headlines, because a fund joins far more rounds than it announces.
• A missing announce date is the normal failure, and it has to be counted rather than guessed.
• The year buckets tell you the cycle the fund invested through, and which years its portfolio is loaded with.
• The last 2 years decide whether the fund is worth a pitch this quarter.

Step 1: pull every round the fund is recorded as backing

Open the fund's NAUT page and work from its round records rather than its press. NGC Ventures has 152 of them, and they resolve to 144 separate companies because 8 records repeat a company the fund backed more than once. A deal count built on company names would give you 144 and quietly lose those 8 follow-on rounds, so fix which number you are counting before anything else: this article counts round records, and names the company count beside it every time.

Step 2: drop the rows with no announce date, and count them

13 of the 152 records carry no announce date. A row with no date cannot sit in any year, and folding it into the earliest or latest year is how a chart starts lying. Pull it out, count it, and say the count out loud: here it is 13 records holding $79.6M of combined round size, which is 6.2% of the $1.28B the 149 amount-carrying records hold in total. That leaves 139 dated records to chart, and every percentage in this article runs off 139.

Step 3: bucket the dated rows by the year of the announce date

Group the 139 by year and the shape shows up in 1 line: 2021 alone holds 78 of them, which is 56.1% of everything NAUT can date for this fund, and more than the other 8 years added together. Add 2022's 19 and the 2 years hold 97 records, or 69.8% of the fund's datable deal flow. A founder reading that knows which vintage the portfolio belongs to, and an investor sourcing secondaries knows which year's cap tables to go looking through.

Step 4: read the last 2 years before you write to the fund

Deal count by year answers how a firm behaved; the last 2 buckets answer whether to spend a week on an introduction. 2025 and 2026 hold 1 dated record each, 1.4% of the 139, and the most recent dated round on NAUT's record for this fund was announced on 2 October 2026. That is a live signal and a thin one, so treat it as a prompt to check the fund's own site and X account before pitching. NAUT's separate recency cut gives the comparison: 249 distinct funds have a round announced in the last 180 days as of 11 November 2026, which is the pool a founder raising right now is really choosing from.

What does a crypto fund deal count by year look like for 1 fund?

9 years, 139 dated round records, $1.199B of combined round size. The combined size column is the sum of the whole rounds NAUT records, so it counts money from every backer in each round and not the fund's own contribution.

137 of the 139 dated records carry an amount, and the shares are rounded to 1 decimal place, so they add to 99.9% rather than 100%. The 2 biggest years by deal count and by money are different years: 2021 for volume at 78 deals, 2022 for size at $563.13M across 19.

Ranked by deal count, the chart puts 2021 at 4.1x the next year, 2022.

Why does a crypto fund deal count by year drop so fast after a peak?

Because deal count tracks the market a fund was buying into, and the average round size moves the opposite way. In 2021 the 77 amount-carrying rounds average $3.80M; in 2022, with 19 deals, the average round is $29.64M. 2022's money is also concentrated: Secret Network's $400M funding round of February 2022 is 71.03% of that year's $563.13M on its own.

The same concentration appears at the start. 2018 holds 5 deals worth $133M combined, and Algorand's $62M equity round of October 2018 is 46.62% of it. Crypto VC deal volume read without the amounts beside it will tell you a fund got quieter when what changed was the size of the rounds it was joining.

Which companies sit in each year of the NGC Ventures portfolio?

1 company from each year of the run, pulled from the same 139 dated records, with the round type exactly as NAUT records it. This is a sample of the fund's record, not a ranking, and the 2025 and 2026 companies are left out because this article names only companies whose NAUT pages it links.

Year	Company	Round type	Round size
2018	Algorand	Equity Round	$62M
2019	MultiversX	Private Round	$1.9M
2020	Avalanche	Private Round	$12M
2021	Coin98	Strategic Round	$11.2M
2022	Secret Network	Funding Round	$400M
2023	Anoma Network	Funding Round	$25M
2024	Analog	Funding Round	$16M

Every row above opens a NAUT page carrying that company's own funding history, its backers and the people on its team, which is where a BD list turns into names you can write to.

What this tells a founder raising now, and a BD lead selling in

Crypto fund activity by year is 2 separate questions wearing 1 label, and both have a use.

• A fund's peak year tells you which vintage its portfolio sits in: 97 of the 139 dated rounds here, 69.8%, were announced in 2021 or 2022.
• A thin recent count is a prompt, not a verdict. 2 dated rounds in 2025 and 2026 means NAUT holds 2, and the fund may be writing cheques NAUT has not recorded.
• For BD, the portfolio is the lead list: 144 companies, each with its own NAUT page and team.
• The round type column is a filter. NAUT records this fund's rounds under labels from Seed Round through Strategic Round to Equity Round, and the label tells you the stage of company you are looking at.

Related reading on NAUT: Most active crypto VCs: 44 funds ranked, the leader led none and a16z crypto portfolio: 55 teams, 80 rounds, $6.99B tracked.

Can you pull this data through the NAUT API?

Yes, in 1 call: GET https://api.naut.so/v1/investors/ngc-ventures with an Authorization: Bearer $NAUT_KEY header returns the fund with its team and its portfolio, each row carrying the company, roundType, amountUsd, announceDate and isLead, which is every field the year buckets above are built from. It costs 5 credits, and you do the bucketing yourself by reading the year off each announceDate and counting the rows that carry none. The parameters and the plans are at the API docs and NAUT pricing. Verified Telegram, email and LinkedIn for the people behind these companies unlock on any paid NAUT plan, so start a 7-day trial if you need to reach them.

Crypto fund deal count by year FAQ

How do I chart a crypto fund deal count by year?

Pull every round record NAUT holds against the fund, drop and count the rows with no announce date, bucket the rest by the year of that date, then read the last 2 years on their own. For NGC Ventures on 11 November 2026 that gives 152 records at 144 companies, 13 undated, 139 charted across 2018 to 2026.

How many deals does a crypto VC do in a year?

It swings by cycle rather than holding a steady rate. NGC Ventures' 139 dated rounds on NAUT run from 78 in 2021 down to 4 in 2019 and 1 in each of 2025 and 2026, a range that makes any single-year figure a poor guide to the fund's pace.

Which year was NGC Ventures most active?

2021, with 78 of the 139 round records NAUT can date, or 56.1%, more than the other 8 years added together. By money the busiest year is 2022, where 19 rounds carry $563.13M of combined round size, 71.03% of it from Secret Network's $400M round.

Where can I find the companies in a crypto fund's portfolio and their contact channels?

On NAUT. The NGC Ventures page lists all 144 companies behind the 152 round records in this article, each company page carries its own team, and GET https://api.naut.so/v1/investors/ngc-ventures returns the same portfolio in 1 call for 5 credits. Verified Telegram, email and LinkedIn unlock on any paid NAUT plan, so start a 7-day trial to open the channels.

Does a low recent deal count mean the fund has stopped investing?

No. It means NAUT holds 1 dated round for this fund in 2025 and 1 in 2026, out of 139 dated records in total, and NAUT's coverage of a quiet firm lags the firm itself. For comparison, 249 distinct funds have a round announced on NAUT in the last 180 days as of 11 November 2026.

Sources

• NAUT's own database, read on 11 November 2026: the 152 round records held against the NGC Ventures row, their round types, disclosed amounts and announce dates, and the 144 companies they resolve to.
• The fund's 2017 founding, from its own about page: "Founded in 2017, NGC Ventures manages over 500M in AUM." (ngc.fund)
• The fund's base in Singapore and its 5 named founders, from an outside fund profile, used without a quote because the wording could not be located on the page as read (cryptodiffer, second source traderhub).
• The 180-day figure of 249 distinct funds is a separate read of NAUT's round records on 11 November 2026, across every fund rather than this one.