Participated · Seed · Jul 2026

GenLayer is presented as a blockchain project that aims to build an ecosystem for builders and creators. Public commentary around the project emphasizes community engagement and rewards for contributors ahead of an anticipated mainnet launch. The company has attracted early investor interest, as evidenced by its $7.5M Seed round. Available reporting does not include founding year, location, revenue, user counts, or other operating metrics. The narrative from supporters highlights ongoing content and community activity as the project progresses toward mainnet. Beyond these community signals and the Seed raise, no additional product roadmaps or financial details were disclosed in the articles.

Participated · Series A · Mar 2024

Illuvium is an NFT game developer focused on blockchain and NFT titles. Its main product is Gods Unchained, an NFT collectible card game. The company develops and operates blockchain/NFT games. Illuvium announced completion of a $12 million Series A financing. Participating investors named in the report include King River Capital, Arrington, and Animoca. The article does not provide revenue, user, or other operating metrics. Illuvium is developing an NFT-based strategic autobattler that rewards players by allowing them to explore, capture and trade collectible creatures called Illuvials. The game is being built in Unreal Engine 4 and is planned for Windows and Mac release at the end of Q3 2021. Illuvium is built on Ethereum and integrates a Layer 2 solution, Immutable X, to enable zero gas fees for minting and exchanges and sub-second transaction times. The platform’s economics center on in-game fees and Illuvial sales on the IlluviDEX exchange, with DeFi staking that converts in-game profits into synthetic Illuvium ($sILV) distributed to staked ILV holders. The team plans to create a DAO to give the community ownership and aims to support multiple titles within the same explorable world and open the world to other developers. The company was founded last year by brothers Kieran and Aaron Warwick and counts 37 core contributors to its DAO.

Participated · Equity · Jul 2023

Spacemesh launched network genesis on July 14, 2023 after five years of research and development. The project implements a novel protocol that uses PoST (Proof-of-Space-Time), a DAG (“mesh”) topology rather than a chain, and lottery-free leaderless voting to secure consensus. Miners reuse an initial proof continually, producing very low ongoing energy use and near-zero operating costs. The minimum hardware requirements are a PC with available storage, any OpenCL-capable GPU, and a reliable internet connection—no specialized equipment, deposits, bank accounts, or credit cards are required. The protocol rewards miners based on committed storage each epoch (about every two weeks) to promote fair distribution and support small home miners. Spacemesh raised $23M from leading cryptocurrency investors, supporting its development and launch. Spacemesh is building a blockmesh operating system that powers a fair, distributed, secure, and scalable smart-contracts global computer and an associated cryptocurrency in permissionless, permissionless settings. Its design relies on a blockchain-based, mathematically proven consensus protocol intended to let newcomers join and contribute using unused hard-drive space and computing resources. Instead of a traditional chain, Spacemesh implements an incentive-compatible mesh to coordinate consensus. The company raised $3M in seed funding, with backers including BRM Group, iAngels, Alignment and Bancor. The team comprises entrepreneurs and academics, including Prof. Tal Moran (Interdisciplinary Center Herzliya), Dr. Iddo Bentov (Cornell University), Aviv Eyal (co-founder of Crackle.com), Tomer Afek (former co-founder of ConvertMedia), and Rami Kasterstein (Managing Partner at Scale-Up Venture Capital). Spacemesh is based in North Pole, AK.

Led · Seed · Dec 2021

Algofi is building a crypto-native bank powered by decentralized finance on the Algorand blockchain. The protocol enables users to lend cryptocurrency, earn interest on deposits, and borrow to facilitate trading activity. The company is also developing fiat rails to move value onto and off the Algorand network. Algofi raised $2.8M in seed funding and intends to use the proceeds to scale and grow transaction volume. Co‑founded by Owen Colegrove and John Clarke, Algofi is a 2021 graduate of Y Combinator.

Participated · Series A · Nov 2021

Iron Fish is a decentralized blockchain network that uses zero-knowledge proofs to create a user-friendly, private cryptocurrency intended to be as private as cash. The project emphasizes mainstream privacy solutions accessible to everyday users rather than developer-only tools. The team launched its first testnet in April and says it has attracted nearly 2,000 self-identified miners to its community. It is launching an incentivized testnet that will reward participation with leadership points that translate into future mainnet Iron Fish coins. The roadmap begins with a proof-of-work blockchain and native cryptocurrency, then plans to add more assets, stablecoins, cross-chain bridges and layer-2 support. Iron Fish was founded in 2018 by Elena Nadolinski and is based in San Francisco; the project recently raised capital (see deal description). Iron Fish is a privacy-focused cryptocurrency that makes every transaction private using zero-knowledge proofs (zk-SNARKs). It also uses the Sapling protocol from Zcash and implements cryptographic code in Rust with Typescript for other components. The project launched a public testnet after nearly two years of development; anyone can now run and mine a full Iron Fish node. Leadership says the roadmap includes becoming a shielded layer for multiple assets, adding bridges to other chains, and supporting fully private stablecoins. The team emphasizes developer accessibility and an extensible codebase to encourage contributions from cryptographers and engineers. Iron Fish supports view keys and encrypted memo fields to enable compliance workflows such as the FATF Travel Rule while preserving user privacy.