Alchemy
542 Brannan Street, San Francisco, California, 94107, United States
Overview
Alchemy is a web3 developer platform that helps companies to build reliable decentralized applications. Its mission is to provide developers with the fundamental building blocks they need to create the future of technology without the hassle of managing blockchain infrastructure in-house.
- Total investments
- 17
- Lead investments
- 0
- Investments · 12mo
- 3
- Active investors
- 8
Sector focus
- Blockchain
- Developer APIs
- Developer Platform
- Productivity Tools
- Web3
Investment portfolio
- Uniblock
Participated · Equity · Mar 2026
Uniblock operates a managed infrastructure layer that connects blockchain applications to over 300 blockchains and 55 data partners via a single API key and a patented auto-routing orchestration layer. The platform normalizes data, handles provider selection and failover, and serves more than 3,000 projects and 4,000 developers in production; customers named include Plume Network, Stellar Blockchain, Hypernative, Oku Trade, nReach, and Apechain. Uniblock has launched AI-native developer tools—an MCP server for agent access, LLM-optimized documentation (llms.txt), and Agent Skills—to enable AI-driven and developer-first integration. Financially, the company announced a $5.2M funding raise (bringing total funding to $7.5M) from a mix of institutional and angel investors across multiple geographies. Planned product and go-to-market priorities include expanding chain coverage, scaling the intelligent orchestration engine, building new API categories (stablecoins, wallets, prediction markets), and growing enterprise and ecosystem partnerships. The company is scaling engineering and operations from its Canadian headquarters.
- PG Labs
Participated · Seed · Dec 2025
PG Labs (株式会社PGL) positions itself as a "Public Goods" Web3 studio dedicated to "putting every asset on-chain." The company offers end-to-end planning, development, global marketing, and treasury support for Web3 projects built on Ethereum and its Layer-2 ecosystem. A core in-house product is Pheasant Network, an interoperability protocol that connects Ethereum with more than 30 Layer-2 networks and has already processed over ¥30 billion in cross-chain transactions using its proprietary “Optimistic Interoperability” design. PG Labs has received multiple grants from the Ethereum Foundation, Optimism Foundation, Polygon Labs, and other Layer-2 projects, validating its technical contributions to public-goods infrastructure. With fresh seed funding, the company will double down on Pheasant Network development, expand research on Ethereum and Layer-2 technologies, and scale its enterprise support services in Japan. Approximately half of its newly raised capital is held in ETH and USDC, and part of the idle treasury will be actively managed to reinforce its financial base.
- Kite
Participated · Series A · Sep 2025
Kite AI is building a payments network tailored for autonomous AI agents, giving each agent a unique encrypted ID, programmable governance controls, spending limits, and instant settlement via stablecoins. By natively integrating Coinbase’s x402 agent-payment standard, the platform lets agents seamlessly send, receive, and reconcile payments through standardized intent mandates. The company is also working on integrations with major platforms such as PayPal and Shopify so that autonomous agents can discover and use those services. Kite AI positions itself as the core execution and settlement layer for the emerging economy of AI agents, which its founders believe will number in the trillions. Its "Agent Passport" feature ensures every autonomous transaction is secure and verifiable. The firm was founded by AI and data-infrastructure veterans from Databricks, Uber, and UC Berkeley. Financially, Kite AI has secured a cumulative $33 million in Series A funding to accelerate product development and integrations.
- Lens Protocol
Participated · Equity · Dec 2024
Lens is a decentralized protocol designed to serve as infrastructure for social and consumer apps; users own their identity and content and apps act as clients to the blockchain. It defines social primitives — accounts, usernames, graphs, feeds, and groups — and supports developer-created rules for access control, token gating, and subscriber-only feeds. Lens v3 is a complete protocol overhaul that moves the stack from Polygon to zkSync and validiums to dramatically lower transaction costs and enable consumer-scale usage. The project powers apps on Lens v2 including Zora, Hey, Kaira, and Orb, and the team aims for interactions to cost roughly as much as cloud server costs so developers can absorb them. Avara announced a $31 million funding round for Lens, and the Lens team plans to launch the Lens v3 mainnet in the first quarter of 2025. Avara founder Stani Kulechov frames the effort around decentralization that gives users more power and enables new revenue-sharing models for creators. Lens Protocol is a decentralized social networking protocol developed by Aave aimed at creating an open, neutral layer for social apps. The protocol focuses on giving users more control over their data and enabling developers to build varied use cases from gaming to social media. Lens has been in beta since May 2022 and so far has granted access to a limited set of users while additional desktop and mobile applications are being built (Orb, Riff, Enso Collective). The team says the roadmap will remain in beta until infrastructure and the ecosystem grow sufficiently to open protocol access more broadly. Lens aims to be a flexible, neutral protocol that shares monetization across contributors rather than being owned by a single incumbent. The protocol raised $15M to expand its ecosystem and continue development; there is no valuation available.
- HEMI
Participated · Equity · Sep 2024
Hemi is a modular blockchain network built on Bitcoin and Ethereum designed to deliver superior scaling, security, and interoperability. Its core product offerings include the Hemi Virtual Machine (hVM), which integrates a full Bitcoin node within an EVM to let developers build smart contracts that work with both chains while remaining backwards-compatible with existing EVM dApps and wallets. The Hemi Bitcoin Kit (hBK) unlocks direct smart-contract access to granular Bitcoin state, enabling Bitcoin-native applications such as staking, lending markets, and MEV marketplaces. Other foundational features include Superfinality (a Proof-of-Proof consensus inheriting Bitcoin’s security), trustless cross-chain Tunnels for secure asset portability, and on-chain asset programmability (time-locks, routing, password protection, and gasless transfers). Hemi’s incentivized testnet is live and the team targets a mainnet launch in Q4 2024; the company announced a $15 million founding investment round to support development and launch. Hemi Labs was co-founded by early Bitcoin developer Jeff Garzik and blockchain security pioneer Max Sanchez and announced the round from Chicago.