• Otonomi

  Participated · Equity · Oct 2022

  Otonomi.ai develops a blockchain-based platform that streamlines cargo delay insurance, giving shipowners and cargo operators rapid, data-driven coverage. The system combines real-time data feeds and automated risk assessments to improve transparency and shorten the traditionally slow claims process in the marine and air-cargo markets. By focusing on delay protection, the company aims to reduce supply-chain disruptions and lower operating costs for logistics stakeholders. The newly raised capital will be used to enhance the platform’s technological capabilities and widen its geographic and customer reach. Investors see the product as a modern answer to long-standing inefficiencies in cargo insurance, an industry that has been slow to adopt digital tools. Although specific revenue or user figures were not disclosed, the Series A round underscores growing market traction and positions Otonomi to accelerate product development and commercial expansion.

• Sovryn

  Participated · Equity · Oct 2022

  Sovryn is a Bitcoin-native, decentralized trading and lending platform that enables permissionless, non-custodial and censorship-resistant trading by ensuring users hold the keys to their bitcoin. The platform offers spot and margin trading, borrowing and lending, and liquidity provision across investment pools built on bitcoin as the reserve currency. Sovryn emphasizes individual self-sovereignty and financial autonomy and is led by CEO Edan Yago. The company said it will use the new funding to expand its global financial operating system. Operational metrics disclosed include $1,552,421,305 in total spot traded volume and $112,131,176 in total margin traded volume. Sovryn reports $322MM+ in total borrowed and lent volume, over $214M in lending activity, and almost 50,000 individual wallets. Sovryn is a Bitcoin-based DeFi protocol that aims to bring decentralized financial tools and sovereignty to the Bitcoin ecosystem. The project focuses on building transparent, incorruptible financial software managed by a global community of contributors rather than a single company. Sovryn’s leadership emphasizes decentralisation and security as core principles for Bitcoin trading. The protocol recently agreed a $9M investment from a consortium of partners to support its development and growth. The token SOV will begin trading first on the Sovryn platform before appearing on other exchanges. Project leaders expect strategic partners to help adopt and integrate software with the Sovryn protocol and extend DeFi benefits to traditional finance. Sovryn launched a lending and derivatives market on the RSK Bitcoin sidechain, positioning itself as a decentralized platform for trading and lending bitcoin. The project went live with $2.1 million in backing, a symbolic amount representing Bitcoin’s total supply. Greenfield One led the funding round, with contributions from Collider Ventures and Monday Capital. Sovryn deployed on RSK to leverage its smart contract layer and merge-mining security, which the team says lets it offer comparable or better functionality than centralized services. The project plans to launch a governance token modeled on Compound Finance’s approach, with an SOV token sale targeted for Q1 2020. Sovryn is the second DeFi platform on RSK following Money on Chain, and its launch is presented as part of a broader push to bring Ethereum-style DeFi products to Bitcoin via sidechains.

• RedStone

  Participated · Seed · Aug 2022

  RedStone is a modular oracle platform that delivers diverse, high-frequency data feeds to EVM Layer 1, Layer 2, Rollup-as-a-Service networks and non-EVM chains such as Starknet, Fuel Network, and TON. Its product emphasizes chain-agnostic delivery and a modular pricing engine to provide accurate, relevant feeds—specializing in yield-bearing collateral for lending markets, including LSTs and LRTs. The protocol claims a Total Value Secured (TVS) of $4 billion, coverage across more than 60 chains, and service to over 100 clients including EtherFi, Pendle, Morpho and Ethena. RedStone is testing Oracle Extractable Value (OEV) implementation with planned customer trials in the coming months and is preparing to launch a native token later this year. Recent corporate initiatives include Season 2 of RedStone Expedition to engage the community and accumulate RSG (RedStone Gems) points. RedStone builds a modular, cross‑chain oracle platform that delivers customizable real‑time data feeds to Web3 and DeFi protocols across EVM L1 and L2 networks. The company uses a proprietary ‘EVM‑connector’ method and a Data Access Layer to attach signed data packages to transactions and then erase them, a process it says can reduce gas costs by up to 90% while achieving sub‑second price feed latency. RedStone reports feeds delivered to over 40 chains, including Ethereum, Avalanche, Polygon, Celo, Optimism, Arbitrum, Fantom, Stacks and EVMOS, all with testnets. It emphasizes the ability to provide unique, non‑standard data feeds otherwise unavailable in the industry. Founded in 2021 with first production deployment in January 2023, RedStone recently completed a $7 million seed raise and is pursuing further cross‑chain expansion and broader DeFi adoption. RedStone is a Web3 startup that builds a cross-chain data oracle delivering pricing feeds to smart contracts and DeFi protocols. It uses the Arweave blockchain to provide affordable, permanent data storage with crypto and real-world data audit trails and offers modular Warp smart contracts on Arweave. The oracle serves over 30 chains, including Ethereum, Avalanche, Celo, Arbitrum, Polygon and Fantom, and covers long-tail tokens, Forex, commodities and more. Its product is designed to resist network congestion and to deliver data to projects every few seconds. RedStone plans to use new capital to grow the core team, increase presence at international conferences and hackathons, and expand partnerships with blockchains, protocols and applications. Financially, the company recently closed a $7M Seed round and had previously raised $525K in July 2021. RedStone is a Tallin, Estonia-based decentralized finance oracle platform that provides cross-chain pricing data for financial protocols. Led by CEO and founder Jakub Wojciechowski, the platform leverages the Arweave blockchain to create affordable storage with a permanent audit trail and an automatic dispute mechanism backed by insurance through staking. Today RedStone supports 150 assets across three providers with oracle query interval times of up to ten seconds. By using Arweave it aims to lower storage costs versus storing price data directly on transactional blockchains such as Ethereum, addressing high gas-fee challenges. The company intends to use the funds to expand partnerships with data providers and protocols and to work toward its long-term product roadmap, including cross-chain data bridges. The financing is intended to support continued development and scaling of its low-cost oracle service.

• UNION

  Participated · Equity · Nov 2020

  UNION is an open, decentralized technology platform that builds protection products and risk-management tools for decentralized finance (DeFi). The project intends to launch a protocol and set of tools in the coming months that incorporate an advanced risk-management and protection framework. Its planned products include bundled protections with layered coverage (Layer 1, smart contract, exposure, and transaction completion risks) and a decentralized secondary protection market. UNION emphasizes a truly decentralized protection platform that is not bound by members-only models, does not require KYC, and will be paired with an on-chain governance process. The company says its tools aim to lower costs, reduce risks, and improve access to DeFi for both individuals and institutions as the space scales (the announcement cites total value locked in DeFi at around $12 billion). UNION has raised over $3.9M from a syndicate of investors including Alameda Research, Bering Waters Ventures, Spark Digital Capital, AAM, Solidity Ventures, 3 Commas, Cluster Capital, Rarestone Capital, Alpha Chain and Black Edge Capital.

No current team members are available.