Hourglass is an operator of a financial marketplace intended to trade locked-up DeFi assets.
Immunefi is a bug bounty platform focused on enhancing the security of decentralized finance (DeFi) projects by addressing vulnerabilities in blockchain technologies. The platform provides a comprehensive solution for crypto projects, enabling effective network hosting, bug triaging, and program management. By offering tools for smart contract review and vulnerability disclosure, Immunefi helps organizations identify and mitigate risks associated with malicious exploits and unknown attacks. This proactive approach aims to create a safer environment for crypto projects, ensuring that developers can secure their applications against potential threats.
Magic Eden operates as a community-focused decentralized exchange platform that facilitates the buying and selling of cryptographic assets, specifically non-fungible tokens (NFTs), on the Solana blockchain. The company emphasizes its commitment to fostering a strong community by engaging users directly and serving their interests. A notable initiative is the distribution of Magic Tickets to over 30,000 users, which grants access to MagicDAO, a Discord-based decentralized autonomous organization. Through MagicDAO, the platform promotes interconnectivity among users and offers various social programs and rewards, reinforcing its dedication to community involvement and support for digital creators in the NFT space.
Tonic is building a permissionless decentralized protocol for fast and seamless trading of any asset on NEAR and Aurora. The platform will enable developers building on NEAR’s Layer 1 solution to integrate trading functionality into their applications.
Delta One is a yield generation protocol on Solana that offers novel delta-neutral and impermanent loss-free farming markets. Its mission is to create novel, easy-to-use Defi primitives that democratize the best risk-adjusted yield opportunities to achieve mass adoption of crypto investing.
Trisolaris is a community-owned decentralized exchange (DEX) with a fast settlement, low fees, and a democratic governance process.
Magic Eden operates as a community-focused decentralized exchange platform that facilitates the buying and selling of cryptographic assets, specifically non-fungible tokens (NFTs), on the Solana blockchain. The company emphasizes its commitment to fostering a strong community by engaging users directly and serving their interests. A notable initiative is the distribution of Magic Tickets to over 30,000 users, which grants access to MagicDAO, a Discord-based decentralized autonomous organization. Through MagicDAO, the platform promotes interconnectivity among users and offers various social programs and rewards, reinforcing its dedication to community involvement and support for digital creators in the NFT space.
Espresso Systems focuses on scaling and privacy solutions for Web 3 applications, specifically within the blockchain sector. The company specializes in "shared sequencing," a process where sequencers verify and batch transactions on layer-2 blockchains before relaying them to a layer-1 chain, such as Ethereum, for settlement. In addition to its blockchain expertise, Espresso Systems offers a robust infrastructure for online transaction technology, catering to the needs of clients in the online payment industry. This infrastructure enables efficient transaction processing and interaction, supporting the development of a more scalable and privacy-focused third generation of the World Wide Web.
OAK (On-chain Autonomous Kernel) is a unique blockchain built on the Substrate framework with event-driven smart contract virtual machine, autonomous transactions, and on-chain Oracles. The goal of OAK is to enable developers to build fully autonomous decentralized applications, and further ignite a global business transformation. By redesigning smart contract virtual machines, OAK introduces a more efficient way for contracts to interact with one another. Contracts will be able to emit signal events, to which other contracts can listen. Once an event is triggered, corresponding subscribed functions are automatically executed as a signal transaction.
Juried Protocol Galleries is a registry-based protocol that focuses on NFT curation and brings collectors, curators, and artists together. The company was founded in 2021 and is headquartered in Lewes, Delaware, United States.
Solscan is a comprehensive block explorer and data analytics platform that specializes in the Solana ecosystem. It enables users, developers, and projects to track blockchain transactions, providing insights into the movement of digital assets. The platform offers extensive data services, allowing users to monitor non-fungible tokens (NFTs) in real-time, including their sales prices, transaction histories, and collections. By aggregating this information, Solscan facilitates a better understanding of the Solana network and enhances transparency within the blockchain environment.
Mysten Labs, founded in 2021 and based in San Francisco, California, develops foundational infrastructure to promote the adoption of web3 technologies. The company focuses on enhancing the development of decentralized services by simplifying the complexities associated with lower-level blockchain integrations. By providing essential tools and improvements across multiple blockchain networks, Mysten Labs enables developers to concentrate on delivering superior user experiences, thereby facilitating broader engagement with web3 applications.
Iron Fish is a cryptocurrency that prioritizes privacy and accessibility within the blockchain space. As a Layer 1 blockchain, it ensures robust privacy protections for every transaction conducted on its platform. The company aims to create private blockchain networks that are accessible to a global audience, employing an efficient syncing technique that supports low-resource clients, including mobile devices and websites. By focusing on these aspects, Iron Fish seeks to uphold the principles of cash in an increasingly digital environment.
Operator of a decentralized social platform intended to convert crypto punks NFT into avatars. The company's network allows users to escape the constraints of the real world by using NFT avatars, enabling users to freely express themselves by maximizing their imagination in the social metaverse.
ConsenSys is a leading blockchain venture production studio focused on building a robust ecosystem of consumer-oriented products and enterprise solutions, primarily utilizing Ethereum technology. The company aims to facilitate the transition to Web 3.0, which it envisions as a foundation for more open, efficient, and accessible economic systems. ConsenSys identifies opportunities for software development and promotes collaboration among various ventures to enhance innovation and idea exchange. By creating platforms, applications, and tools that support Web 3.0, ConsenSys strives to ensure these solutions effectively meet customer needs. The organization also collaborates with blockchain experts and partners to develop open infrastructure, positioning itself at the forefront of technological advancements that have the potential to disrupt various industries.
Developer of a blockchain protocol designed to facilitate private and asset-agnostic cash. The company's protocol handles the cryptocurrency exchange automatically and at the market rate with private bartering among any number of parties, enabling users to transact and trade in cryptocurrency securely and privately.
Immunefi is a bug bounty platform focused on enhancing the security of decentralized finance (DeFi) projects by addressing vulnerabilities in blockchain technologies. The platform provides a comprehensive solution for crypto projects, enabling effective network hosting, bug triaging, and program management. By offering tools for smart contract review and vulnerability disclosure, Immunefi helps organizations identify and mitigate risks associated with malicious exploits and unknown attacks. This proactive approach aims to create a safer environment for crypto projects, ensuring that developers can secure their applications against potential threats.
Aurora is an Ethereum Virtual Machine developed by the NEAR Protocol team, offering a seamless solution for developers to run applications on an Ethereum-compatible platform. It combines the benefits of Ethereum compatibility with the scalability and low transaction costs of the NEAR Protocol, creating a high-throughput environment for decentralized applications. The platform is designed to deliver an exceptional user experience, enabling Ethereum developers to transition effortlessly by simply changing the RPC endpoint. Aurora aims to facilitate the development of decentralized applications while ensuring affordability and efficiency for users.
Layer3 is a cryptocurrency platform focused on providing tools for decentralized autonomous organizations (DAOs). It offers an infrastructure that facilitates the expansion of autonomous ecosystems, allowing users to engage with various communities. The platform enhances user experience through interoperable identity solutions and amplified incentives, enabling participants to earn rewards and access multichain liquidity. By streamlining interactions within the blockchain space, Layer3 aims to empower users and foster the growth of decentralized governance models.
Private Equity Round in 2021
Genesis Digital Assets is one of the world's largest and most experienced Bitcoin mining companies. Since 2013, the founders of the company have built over 20 industrial-scale mining farms, brought over 300,000 miners online, and mined over $1 billion in Bitcoin.
Taker Protocol is a cryptocurrency liquidity protocol for NFTs.
Hyype is a platform focused on non-fungible tokens (NFTs), designed to serve as a social network and digital gallery for NFT communities. It provides a space for users to connect, share stories, and collaboratively create their history within the NFT ecosystem. The platform allows individuals to curate their NFT collections, which enables them to express their identities and interests through their digital art. By fostering community engagement, Hyype aims to enhance the experience of NFT holders and promote the value of their collections as a form of self-expression.
Developer of an online capital platform intended for synthetic stocks, commodities and crypto to make wealth accessible on a mobile phone. The company's platform offers novel synthetic asset protocol with a single customer data platform-per-account model which introduces novel improvements over existing solutions such as capital efficiency, better user experience, a frictionless listing of assets, and better risk management, enabling developers to easily integrate crypto assets into their apps and wallets.
Developer of crypto networks designed to earn digital currency using crypto applications. The company provides tokens for doing onchain actions, offers tools to distribute ownership and quests that upon completion offer rewards, enabling users to acquire XP, level up, and earn rewards for interacting with well-known blockchain protocols.
Operator of a layered protocol intended to build and operate emerging generations of CeFi-Defi hybrid exchanges. The company's protocol will combine centralized order-matching and trade execution with decentralized trustless custody and post-trade settlement, enabling users to get non-custodial trading options.
Gitcoin is a platform founded in 2017, based in Boulder, Colorado, that enables open source developers to monetize their work effectively. It allows developers proficient in various programming languages, including Python, Rust, Ruby, JavaScript, Solidity, HTML, and CSS, to receive compensation when their contributions are utilized. Built on the Ethereum network, Gitcoin employs smart contracts to align incentives among participants in the ecosystem, facilitating value creation without reliance on traditional legal mechanisms. The platform fosters collaboration between developers, repo maintainers, and financiers, emphasizing the importance of community in enhancing the success of open source projects. By integrating the local tech community's #givefirst ethos with financial incentives, Gitcoin aims to advance the development of open source software and strengthen community ties.
Iron Fish is a cryptocurrency that prioritizes privacy and accessibility within the blockchain space. As a Layer 1 blockchain, it ensures robust privacy protections for every transaction conducted on its platform. The company aims to create private blockchain networks that are accessible to a global audience, employing an efficient syncing technique that supports low-resource clients, including mobile devices and websites. By focusing on these aspects, Iron Fish seeks to uphold the principles of cash in an increasingly digital environment.
Octopus Network is a crypto network that facilitates the launch and operation of application-specific blockchains, known as appchains, tailored for Web3.0. By significantly reducing the costs associated with establishing an appchain from millions to under one hundred thousand dollars, Octopus Network aims to foster innovation in the Web3.0 space. The platform allows developers to customize key parameters of their blockchains, including consensus protocols, execution environments, and data storage. This flexibility enables users to select the appchain they wish to stake on, fostering a free market where app chains can lease necessary security at market rates, thus enhancing both scalability and adaptability for developers and users alike.
CoinFLEX (Coin Futures and Lending Exchange) is the world's first physically delivered cryptocurrency futures exchange.
Radicle is a peer-to-peer stack for building software together.
Radicle is a peer-to-peer stack for building software together.
Celo is an open platform focused on providing financial tools to individuals with mobile phones, aiming to foster prosperity for all. It has developed a mobile-first blockchain platform that facilitates access to financial services and aims to enhance financial stability. The platform employs alphanumeric strings for cryptocurrency transactions, allowing users to transfer money quickly, securely, and reliably. Through these innovations, Celo seeks to democratize financial access and create a more inclusive monetary system.
Developer of a blockchain protocol designed to facilitate private and asset-agnostic cash. The company's protocol handles the cryptocurrency exchange automatically and at the market rate with private bartering among any number of parties, enabling users to transact and trade in cryptocurrency securely and privately.
Developer of a community-governed derivatives exchange intended to unite performance and autonomy. The company develops an ethereum-based exchange that uses a liquidity-mining token model along with open order book and on-chain settlements for the trades, enabling traders to participate in the governance and operations of the exchange.
Elrond Ltd, founded in 2017 and headquartered in Malta, develops and operates a public blockchain network that utilizes a sharding-based architecture. This innovative approach allows Elrond's platform to compete with centralized cloud networks while maintaining the essential security and decentralization features inherent in blockchain technology. The company's infrastructure is designed to be secure, efficient, scalable, and interoperable, providing a comprehensive solution for various applications in the blockchain space.
NEAR Inc. is a company that develops the NEAR Protocol, a scalable blockchain platform designed for creating decentralized applications. Founded in 2017 and headquartered in San Francisco, California, NEAR Protocol supports the development of open-source software and aims to facilitate mainstream adoption of decentralized technologies. The platform offers various services, including documentation, a wallet, a development studio, and an explorer, all built to enhance user experience and development efficiency. It is engineered to handle high-value assets securely while providing the necessary scalability for a wide range of decentralized applications. NEAR's focus on ease of use for both developers and end users distinguishes it in the evolving landscape of blockchain technology.
O(1) Labs is a software development company working on Mina Protocol, a tiny, portable blockchain. The company uses cryptography and cryptocurrency to build computing systems that put people back in control of their digital lives. It addresses one of the fundamental challenges in cryptocurrency by creating the first succinct blockchain that enables decentralization at scale. O(1) Labs was founded in 2017 and is headquartered in San Francisco, California by Evan Shapiro and Izaak Meckler.
ThunderCore operates as a high-performance public blockchain that is compatible with the Ethereum Virtual Machine (EVM). It aims to enhance the scalability of decentralized applications by offering higher throughput, faster confirmation times, and lower transaction costs. The blockchain is built on innovative research conducted by Professors Shi and Pass from Cornell University, utilizing a unique consensus protocol that addresses the limitations of traditional Nakamoto consensus. This ensures fully decentralized trust while significantly boosting performance. Additionally, ThunderCore provides a crypto token designed to facilitate rapid and secure transactions, supported by a robust blockchain protocol that employs rigorous mathematical security analysis.
Spacemesh is a company based in North Pole, Alaska, that has developed a blockmesh operating system aimed at creating a decentralized and secure platform for running smart contracts on a global scale. This system operates using a novel consensus protocol that eliminates the need for traditional proof-of-work mechanisms, promoting a more equitable and incentive-compatible environment. Spacemesh enables individuals worldwide to participate in its network by running the software on their personal computers, fostering a highly decentralized peer-to-peer blockchain computer. As a free and open-source platform, Spacemesh aspires to establish itself as a fundamental Internet protocol for blockchain computation.
O(1) Labs is a software development company working on Mina Protocol, a tiny, portable blockchain. The company uses cryptography and cryptocurrency to build computing systems that put people back in control of their digital lives. It addresses one of the fundamental challenges in cryptocurrency by creating the first succinct blockchain that enables decentralization at scale. O(1) Labs was founded in 2017 and is headquartered in San Francisco, California by Evan Shapiro and Izaak Meckler.
CoinList is a San Francisco-based platform established in 2017 that facilitates token sales for digital asset companies. The platform connects blockchain projects with their communities prior to their assets being listed on other exchanges. It serves a diverse clientele within the digital asset ecosystem, including notable firms like Protocol Lab and Blockstack. CoinList offers services that enable token issuers to list their tokens and provides traders with opportunities for staking and access to decentralized finance. By bridging the gap between token developers and potential investors, CoinList plays a significant role in the growth and development of the blockchain industry.
ThunderCore operates as a high-performance public blockchain that is compatible with the Ethereum Virtual Machine (EVM). It aims to enhance the scalability of decentralized applications by offering higher throughput, faster confirmation times, and lower transaction costs. The blockchain is built on innovative research conducted by Professors Shi and Pass from Cornell University, utilizing a unique consensus protocol that addresses the limitations of traditional Nakamoto consensus. This ensures fully decentralized trust while significantly boosting performance. Additionally, ThunderCore provides a crypto token designed to facilitate rapid and secure transactions, supported by a robust blockchain protocol that employs rigorous mathematical security analysis.