San Francisco-based early-stage venture firm Defy.vc closed its third fund at $300M. The firm intends to back 33 startups from the new fund.  It has already invested in an undisclosed blockchain startup and real estate startup from the new fund. The firm will set aside double the initial funding for follow-on rounds.  The firm typically leads $3M to $10M investments in Seed to pre-Series A stage startups.  Defy.vc was established by former General Catalyst venture capitalist Neil Sequeira.  The fund brings its total capital raised from limited partners to $713M, of which it raised $262M for Fund II and $151M for Fund I.  Defy.vc invested in 19 companies from Fund I and 27 from Fund II. 10% of the funds will be used to back founders that have built relationships with the firm.  Notable portfolio companies include Airspace Technologies, Aalto, Novi, Bazaar, and Arena Club.