Participated · Safe · Jan 2023

PlanetWatch deploys a dense, low-cost air quality monitoring network using high-performance sensors, advanced algorithms, and the Algorand blockchain to build an immutable global air quality data ledger. The network powers data products for governmental and private sector entities and currently has over 20,000 sensors active worldwide. The company plans to strengthen its technical infrastructure, expand the monitoring network, and boost business development with the new funding. PlanetWatch is an official CERN spin-off and a member of the Crypto Sustainability Coalition fostered by the World Economic Forum. Claudio Parrinello leads the company as CEO. The firm leverages Algorand technology as a core part of its decentralized data approach. PlanetWatch leverages the Algorand blockchain to store real-time data from a dense mesh of air-quality sensors and to reward contributors with the PLANET utility token. The company decentralizes and incentivizes air-quality monitoring by distributing tokens to sensor owners. Most sensors are installed by individuals (indoors, outdoors or carried), with additional deployments through partnerships with transport and telecommunications companies and local authorities. PlanetWatch is testing its platform and aims for a full launch during the summer. The company has joined CERN’s spin-off partnership program and the Eterna Borderless Venture Studio (an initiative led by Eterna Capital, Borderless Capital, and Algorand). The company is led by CEO Claudio Parrinello and is based in St. Genis-Pouilly, France.

Participated · Seed · Jan 2023

Quantum Temple is a Miami, FL–based Web3 platform that uses blockchain technology and non-fungible tokens (NFTs) to preserve cultural heritage and facilitate equitable exchanges between collectors and ancestral communities. Led by CEO Linda Adami, the company has created a decentralized platform that documents and funds expressions of cultural heritage through digital, physical, and experiential NFTs with support from a multidisciplinary team of advisors. The platform is specifically focused on preserving the knowledge and traditions of at-risk ancestral communities threatened by inequitable wealth distribution, conflict, and forced migration. Quantum Temple raised $2M in Pre-Seed funding and intends to use the proceeds to accelerate growth, expand operations, and broaden its business reach. The company positions its product as a mechanism to document, fund, and sustain cultural expressions while enabling equitable participation by ancestral communities.

Participated · Seed · Oct 2022

New Computer Corporation (NCC) builds decentralized application program services (dAPIs) that provide web3 infrastructure and developer utilities. Using Algorand blockchain technology as the foundation, NCC's interoperable dAPIs allow different apps to "speak" to each other and enable modular stacks for web3-compliant applications. The company, led by Ben Palmer and Aubrey Anderson and based in Los Angeles, offers a suite of products aimed at creating collaborative and creative web3 experiences. NCC is announcing its dAPI tools, which will soon be available for use. The company raised $2.5m in Seed funding led by Borderless Capital with participation from Eterna Capital, PEER, Algorand Foundation, Hivemind Ventures, Big Brain Holdings, Web Tree Capital, Noise DAO, Valentine Venture, Ten Ventures, Marcus Eng and SongADAO. NCC plans to use the funds to expand its engineering and product team.

Led · Seed · Sep 2022

Ultrade is a New York-based multichain DeFi-as-a-Service infrastructure company that provides a non-custodial trading ecosystem for brands, projects and communities. Its core product is the Ultimate Trading Suite, an all-in-one application offering full limit orderbook trading for spot and derivatives (including leveraged perpetuals) alongside a Hybrid Aggregating AMM (haAMM). The haAMM aggregates across LP pools and the orderbook to increase liquidity depth, reduce slippage, and enable best execution while giving orderbook liquidity providers a share of fees. Led by CEO Dan Goldman, Ultrade launched a Testnet on the Algorand blockchain in late June and amassed thousands of users on Algorand. The company plans to expand into a multi-chain platform and will use the recently raised funds to expand operations and business reach. Financially, Ultrade raised $2.4M in Seed funding led by Algorand Foundation with participation from Big Brain Holdings, Tess Ventures, Sarson Funds, Valhalla Capital and others.

Participated · Seed · Jun 2022

Neomoon is a digital bank operating in US dollars and built on a stablecoin, aimed at providing Latin Americans tools to protect their money from devaluation and facilitate day-to-day transactions. The company launched its market entry in April of the reported year and is led by founder and CEO Fedor Saldivia. Neomoon has grown organically and through community engagement tied to Saldivia’s social following, averaging about 570 new daily users and surpassing 50,000 registered users. It plans to use newly raised funds to scale its solutions in the coming months. The product focus is on dollar-denominated accounts and payment capabilities for users across Latin America. The company is based in Miami, FL.