Participated · Seed · Apr 2022

MYSO Finance is developing IKARUS, a zero-liquidation loan protocol that lets users borrow without liquidation risk while offering liquidity providers yield for bearing that risk. IKARUS is structured like a DEX, with individual borrowing markets and liquidity pools per token pair where LPs provide both assets and borrowers post one asset as collateral. The protocol is oracle-independent: repayment and settlement rely on incentives rather than external price feeds, and LPs receive either interest payments or the pledged collateral if borrowers don’t repay. LPs earn a risk premium determined by supply and demand, and MYSO describes their risk profile as comparable to option-writing strategies. The company will deploy the $2.4M seed to accelerate IKARUS development and to combine DeFi concepts with TradFi in future products. MYSO was founded in early 2022 after being awarded at the ETHOnline hackathon in October 2021.

Participated · Series A · Oct 2021

Element Finance has built a decentralized finance protocol on Ethereum that lets users earn predictable returns via fixed-rate pools over predetermined periods. The protocol launched on the Ethereum mainnet on June 30 and currently supports 10 fixed-rate pools. Users can contribute stablecoins (DAI, USDC), wrapped crypto (wBTC) or derivative assets such as steCRV. Element guarantees fixed rates by balancing participants in fixed-rate and variable-interest pools. To date the protocol has about $180 million in total value locked and roughly 9,000 users. The company plans to introduce a governance system with different voting vaults and incentives and has launched a treasury management initiative to attract funds, protocol makers and institutions.

Participated · Seed · Oct 2021

Talisman is a community-owned wallet designed for the Polkadot and Kusama ecosystems and a multi-chain future. It enables users to take control of their crypto assets, leverage novel Polkadot-enabled use cases, and participate via a social layer that helps shape the project. The team announced plans to expand and add additional features to help users interact with the Polkadot–Kusama paraverse ecosystem. Talisman positions itself as an integral component for adoption of the Polkadot/Kusama ecosystem by enhancing user experience in DeFi applications. The project completed a $2.35 million seed funding round announced in October 2021, with capital provided by Advanced Blockchain AG and other investors. Advanced Blockchain emphasized contributing capital, technical resources, and expertise alongside the investment.

Led · Equity · Jun 2021

Composable Finance is a Berlin-based DeFi company that builds a hyper liquidity infrastructure layer for DeFi assets powered by Layer 2 Ethereum and Polkadot. Its core product is a development and execution environment that deploys orchestration logic to enable ecosystem-agnostic, decentralized cross-blockchain communication. Composable has procured parachains on Polkadot (Composable Parachain) and Kusama (Picasso Parachain) and developed Mosaic (a transfer-availability layer), Centauri (an IBC Substrate bridge to the Cosmos ecosystem), and Pablo (a decentralized exchange on Picasso). Future capabilities include cross-chain computing via a cross-chain virtual machine (XCVM) and a Routing Layer to let smart contracts span multiple ecosystems and support institutional throughput. The company raised $32M in a Series A and intends to use the proceeds to expand the team and build products for the blockchain and Web3 industry. Named team members include Rob Zhuang (Head of Operations), Zain Awan (CMO), and Karel Kubat (CTO). Composable Finance develops interoperable DeFi primitives and tooling on Substrate to enable cross-chain applications across Polkadot, Kusama and other ecosystems (it has also built a bridging primitive, Centauri, for the Cosmos-verse). The project operates an incubation arm, Composable Labs, which is launching native protocols such as Instrumental Finance, Arturo, Angular Finance and Bribe on its Picasso parachain, and has introduced products including Mosaic, Centauri and Mural. Composable emphasizes blockchain-agnostic infrastructure and first-mover positioning in DotSama while continuing to expand its developer tooling and SDK to drive interoperability. The team has grown development headcount by over 30% in the prior three months, underscoring active hiring and product buildout. Financially, the protocol secured significant auction financing via native token contributions and has supported spinouts (for example, Bribe closed a $4M private financing round). Composable was incubated by Advanced Blockchain AG and works closely with that firm through Composable Labs to source and scale new projects. Composable Finance is building infrastructure to enable cross-chain and cross-layer interoperability within decentralized finance. Advanced Blockchain AG and Rarestone Capital helped incubate the project, providing technical incubation and intellectual property support. Advanced Blockchain invested $2 million via a subsidiary and led a $7 million funding round that closed at a $35 million valuation. As compensation, Advanced Blockchain will receive 5.7 million Composable tokens (of a 100 million total supply) and a share of fees from Composable's intended Polkadot parachain; it may also use the parachain for its own projects. The funding is intended to advance Composable's infrastructure and to support its bid for a Polkadot parachain slot in the summer 2021 auction. Other participants in the round included Divergence Ventures, New Form Capital, DFG, Maven 11, 4SV, Hypersphere Ventures, Blockchain Capital, PNYX Ventures, CMS Holdings, Alameda Research, SOSV, Spartan Group, LedgerPrime, LongHash Ventures, Cluster, and Pluto Digital Assets.