The Venture Codex

Participated · Equity · Nov 2025

Prometei offers SMEs a full-cycle commerce solution that unifies access to more than one million products, enables synchronous selling across ten different marketplaces, and provides built-in working-capital financing. Its platform also delivers analytics and sales management through an AI assistant, allowing merchants to optimize operations both online and offline. To accelerate growth, Prometei has already launched pilot projects with several banks and is preparing for the next phase of expansion. Newly secured capital will be directed toward deepening its presence among small and medium-sized merchants across multiple channels. The company positions itself as an infrastructure layer that simplifies product sourcing, multichannel distribution, and financial services for merchants. Including the latest infusion, Prometei has raised $310 000 in its current financing round, led by White Hill Capital. The fresh funding underscores investor confidence in the startup’s combined commerce and fintech model as it scales in Kazakhstan and beyond.

Participated · Seed · Apr 2024

Alpen Labs is a Bitcoin layer-2 developer focused on building Bitcoin Rollup infrastructure. Its technology aims to introduce smart-contract functionality to the Bitcoin network. The company completed a $10.6 million seed round on April 11, 2024. The seed financing was led by Ribbit Capital, with Castle Island Ventures, Robot Ventures, Axiom Capital and others participating. The article does not disclose operating metrics or detailed use of proceeds. The report also does not mention past rounds, a founding year, or a company location.

Led · Equity · Mar 2024

Neutronpay operates in the Bitcoin Lightning Network space. The company announced completion of a $1.5M bridge financing led by Axiom Capital. Previously, Neutronpay closed a $2.25M seed round in September 2022 led by Hivemind Ventures. Seed investors included Republic, Cavalry, Ride Wave, Studio, Iterative, Fulgur Ventures, and Lightning Labs. The funding news was reported by Foresight News citing Bitcoin Magazine. The article does not report revenue, user metrics, founding year, or location. Neutronpay provides Lightning Network payment infrastructure including an enterprise API and a consumer mobile app for accepting, sending and spending bitcoin over Lightning. Its services target in-person sales, ecommerce, cross-border remittance and peer-to-peer payments. The company says it is the first Lightning-focused firm with an initial focus on Vietnam’s 100m person population and plans to expand to other Southeast Asian countries. Neutronpay operates from Vancouver, BC and Ho Chi Minh City and was founded in 2018; it is led by CEO Albert Buu and COO Malcolm Weed. The company recently raised seed funding and plans to use proceeds to add headcount across departments, accelerate enterprise API development, roll out its mobile app, and invest in sales, marketing and compliance.