Participated · Seed · Feb 2024

Lava positions itself as an access layer to an open, more innovative internet enabled by blockchain. Developers can already use Lava to access 30+ chains, and wallet users can participate in Magma to earn points. The company plans to launch its mainnet in 2024. Lava is seeking to partner with rollups and blockchains to scale node infrastructure for developers and users. The team announced a $15M seed raise and lists a broad set of investor and partner backers supporting its growth and mainnet build.

Participated · Equity · Mar 2021

Unslashed Finance provides insurance products for crypto assets, covering risks from exchange and smart contract hacks to validator slashing, stablecoin pegs and oracle failures. The company has built a decentralized protocol that enables people to buy insurance and lets investors earn an uncorrelated yield; all underwritten risks are constantly collateralized and the claims process is fully decentralized, independent and transparent. Unslashed has sold more than $400M worth of insurance across different protocols and policies. Its clients include decentralized exchange aggregator ParaSwap, Ethereum validator Lido Finance, on-chain asset management protocol Enzyme, and crypto hedge funds such as Techemy Capital. Led by founder Marouane Hajji, the company intends to use the newly raised funds to continue expanding operations and its business reach.