Electric Capital is a venture capital firm based in Palo Alto, California that electric capital is a venture capital firm founded in 2018 by avichal garg and curtis spencer, based in palo alto, california. it invests in crypto networks, web3 protocols, and blockchain-enabled businesses across venture equity and token strategies. in 2022 the firm announced 1 billion dollars in new capital split into a 400 million dollar venture fund and a 600 million dollar token fund, and it has reportedly raised more than 3 billion dollars since inception. it publishes the annual electric capital developer report, an open analysis of open-source crypto developer activity across millions of code commits and repositories. the firm has invested in more than 100 companies and protocols. They serve clients in US. Regulatory expertise includes Investment Advisers Act of 1940, Reg D. Electric Capital is listed on The Token Playbook's vetted provider registry at thetokenplaybook.com/registry/electric-capital.