Grayscale Ventures

Before you write in

• Grayscale is a venture investor and takes equity. It publishes no application window, so there is no deadline to work to.
• Its stated focus is first-cheque, pre-seed infrastructure and AI. If you build developer tools, AI infrastructure, agentic AI or industry-specific infrastructure, you are in its range. Consumer products and services businesses are not.
• It says it backs companies from India, and the fund manager is based in Singapore. Ask early how the investment would be structured.

How to reach it

• Email ventures@grayscale.vc. The site's contact section invites infrastructure and AI companies to write in.
• Say what you are building, who the technical founders are, what you have shipped, and why the product is infrastructure rather than an application.
• The site does not describe a review process or timeline, so do not assume one.

Grayscale Ventures is a pre-seed venture fund whose legal manager is based in Singapore. Its imprint gives an address at Asia Square Tower 2 in Singapore and says it is a licensed fund manager there, while its own site describes it as a fund in India that invests in technical founders building infrastructure and AI from India for the world. Indian founders are therefore its stated focus, but the firm itself is not based in India, and the site names no Indian office.

Who Grayscale backs

The fund calls itself a first-cheque, pre-seed fund focused on infrastructure and AI. It says it invests and leads rounds in highly technical DevInfra and DevTools, AI infrastructure, agentic AI and vertical infrastructure companies from India. It describes its team as technical operators and says it is backed by global tech founders and operators who work alongside it. It says it likes to co-build products with portfolio companies and to help them expand globally and regionally.

The portfolio list on the site shows the kind of company it means. Hasura, Classplus and Testsigma are named there, labelled as AI or vertical infrastructure and developer tooling, along with several smaller names.

How it works with founders

Grayscale takes equity, as an investor does. It is not a grant, an incubator or a coworking space, and its site publishes no application window, form or deadline. The site's contact section simply asks whether you are an infrastructure or AI company and invites you to email the fund or find it on social media.

Is it right for you

This is a fit for technical founders building developer tools, AI infrastructure, AI agents or infrastructure for a specific industry, who are at the earliest stage and want a first institutional cheque. It is not a fit for consumer apps, services businesses or founders looking for non-dilutive funding. Because the manager is regulated in Singapore, expect the fund to be run across borders; the site gives no further detail on how, so ask.