The Venture Codex

Participated · Series A · Feb 2026

Waffo Group Limited offers a modern, scalable payments and monetization infrastructure that consolidates fragmented local payment methods and streamlines checkout and subscription experiences. Its platform targets gaming, AI, SaaS, and other digital-product companies that need reliable, compliant global payment capabilities. By integrating payments, subscriptions, and regulatory safeguards, Waffo enables both solo founders and large enterprises to expand internationally with greater efficiency and stability. The company positions itself as a trusted infrastructure provider, supported by strategic financial-services partners that can open doors to additional enterprise relationships. Waffo has secured US$30 million in total funding to date, giving it capital to enhance its technology stack and deepen market coverage. While specific revenue or user metrics were not disclosed, the backing from marquee financial institutions signals confidence in its growth prospects.

Participated · Series B · Jan 2026

Founded in 2020 under Galactic Holdings, VelaFi provides enterprise-grade stablecoin infrastructure that links local banking rails, global transfer networks, and major stablecoin protocols. Its platform offers on/off ramps, pay-ins and pay-outs, cross-border payments, multi-currency accounts, FX workflows, liquidity management tools, and secure custody, all accessible via dashboard or API. The company targets enterprises hampered by settlement delays, liquidity frictions, and fragmented financial systems, initially in Latin America and now expanding into the United States and Asia. VelaFi has already supported hundreds of enterprise clients and processed billions of dollars in payment volume. The team emphasizes a regulatory-first approach and is building a unified settlement layer for modern global commerce. Fresh capital will be used to deepen licensing coverage and extend connectivity across key economic corridors.

Participated · Series A · Jan 2026

Founded in May 2024 by two Carnegie Mellon University alumni, Looki positions itself as an AI-native hardware brand. Its first product, the Looki L1, is marketed as the world’s first wearable multimodal AI device and debuted internationally in August 2025, with the initial few-thousand-unit inventory selling out quickly. A China-specific version launched on JD.com that December, bringing cumulative global sales to nearly 10,000 units. The founding team includes veterans from Google, Amazon, Qualcomm, ByteDance and leading autonomous-driving companies, giving the company deep expertise in AI algorithms, product design and hardware engineering. Over roughly one year the company has completed four funding rounds, the most recent being an over $20 million Series A. Capital from these rounds is expected to fund further product development and expanded manufacturing capacity. No revenue figures were disclosed in the article.

Participated · Series B · Sep 2025

VITURE is a San-Francisco-based hardware company focused on extended reality (XR) and augmented reality (AR) smart glasses. Its product line now spans three generations, including the Luma Series, the AR-focused Luma Ultra, and the high-performance flagship model dubbed The Beast. IDC data shows the company has held more than 50 % of the U.S. XR glasses market since Q4 2024 and is currently ranked #1 in U.S. shipments for the category. Beyond consumer use cases, VITURE is extending its technology into enterprise and medical workflows through a recently announced AI-and-AR initiative with NVIDIA and Stanford Medicine. The company also cultivates cultural relevance, evidenced by a limited-edition Cyberpunk 2077 collaboration that sold out quickly. With fresh funding, management plans to accelerate next-generation product development, broaden global retail presence, and deepen strategic partnerships. VITURE is simultaneously defending its intellectual-property position through ongoing litigation with rival XREAL.

Participated · Series A · Jul 2025

KUN provides embedded finance and stablecoin-based payment and settlement infrastructure for cross-border transactions, emphasizing compliance, security and efficiency. The company serves thousands of enterprise and institutional clients across emerging markets including the Greater Bay Area, Southeast Asia, the Middle East, Africa and Latin America. KUN operates three business lines—payments, asset management and card issuance—and offers corporate accounts plus on‑ and off‑ramp solutions. It reported a 200% increase in transactions over the past 12 months on a month‑over‑month basis, signalling sustained hypergrowth. KUN has pursued strategic partnerships (including a June 2025 MoU with TradeGo) to integrate eBL blockchain tech, cross‑border compliance and stablecoin settlement for commodity trade. The company plans to use proceeds to deepen R&D in transaction security, underlying blockchain infrastructure, wallet technology, AI‑driven risk controls and KYC/AML/KYT compliance stacks, while coordinating regulatory authorizations and expanding its global institutional network.