Earlybird Venture Capital

Obligate is a financial platform based in Zurich, Switzerland, that enables companies to issue on-chain bonds and commercial paper, facilitating funding from investors within a regulated decentralized finance (DeFi) environment. Founded in 2019, Obligate leverages smart contracts and tokenization to eliminate the need for intermediaries, significantly reducing the costs of bond issuance by up to 80% and shortening the issuance timeline from weeks to hours. The platform utilizes distributed ledger technology and qualified electronic signatures to issue, transfer, and close electronic negotiable instruments, enhancing data integrity. This innovation allows businesses to better manage their liquidity while providing corporates, banks, and investors with the capability to conduct real-time transactions involving e-notes, ultimately improving overall liquidity.

DeepCode AG, established in 2016 and headquartered in Zurich, Switzerland, specializes in developing artificial intelligence software for machine learning and programming languages. Its core product is a semantic code analysis tool that automates the understanding of code intent, identifies critical bugs and vulnerabilities, and detects serious coding issues. This enables developers to enhance software quality without manual user annotation or specification. As of 2020, DeepCode operates as a subsidiary of Snyk Ltd.