Cherry Crypto
Linienstraße 214, Berlin, 10119, Germany
Overview
Cherry Crypto is a first-check fund dedicated to supporting entrepreneurs from the beginnings of their journey in web3. Cherry Crypto’s approach to investing is stage-focused, concentrated, and geography agnostic.
- Total investments
- 3
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Web3
Investment portfolio
- Hylé
Participated · Equity · May 2024
Hylé is a modular zero-knowledge (ZK) project provider that builds infrastructure to support ZK proofs. The company provides a secure, decentralized and censorship-resistant settlement layer for all ZK proofs. It has developed the Hylé network, which leverages zero-knowledge proofs (ZKP) to deliver scalability and privacy. The offering targets settlement and verification layers for ZK-based systems. Hylé recently received outside capital in the form of a strategic investment, indicating early external investor interest. No operating metrics or financial details beyond the disclosed strategic investment amount were reported in the article.
- Narval
Participated · Seed · Jul 2023
Narval is a Paris, France-based web3 wallet governance platform provider. It empowers organizations to securely use their digital assets on-chain and interact with the Web3 world. Its core innovation is a granular governance and orchestration layer over any key storage and custody model, designed to enable precise usage and access control over digital property. The company is led by CEO Gregory Jessner. Narval raised $4M in seed funding and intends to use the funds to expand operations and its development efforts. Investors in the round include BlockTower VC, Fabric Ventures, Frst Capital, a16z, Cherry Crypto, Motier Ventures and Bpifrance.
- Rated
Participated · Seed · Sep 2022
Rated Labs is an Ethereum-based oracle and datasets provider that offers node and node operator ratings, data pipelines, and the company’s described "most comprehensive" infrastructure dataset for Ethereum. Led by CEO Elias Simos and founded in 2022, the London-based startup launched its first product and has attracted nearly 150k unique visitors to the Rated Explorer. Its Rated API has processed 60M calls across 45+ integrations, and the company lists partnerships and integrations with staking-ecosystem participants including Lido, Liquid Collective, Metamask Institutional, Chorus One, Stader Labs and Nexus Mutual. Rated Labs raised $12.89M in a Series A, and intends to use the funds to expand operations and scale its offerings to additional blockchains including Polygon, Cosmos, Polkadot and Solana. The company’s product and traction position it to target infrastructure and staking ecosystem actors as it expands beyond Ethereum. Rated Labs is a Greek-founded Web3 infrastructure project that provides detailed data and context on validators and node operators. Its core product is a network explorer and data layer that aims to surface historical performance and reputational context for validators, addressing current difficulties in measuring validator performance. Currently in a pre-release version, Rated Labs offers an explorer for Ethereum Beacon Chain and Prater validators and validator operators, allowing users to browse and compare entities. In the coming weeks the team plans to unveil a first version plus a more powerful network operator explorer, an API, and resources on rating methodologies, research and downstream integrations. Founded in 2022 by Elias Simos and Aris Koliopoulos, the company says it will use the capital to accelerate its mission for greater transparency and to grow the team. Simos previously worked as a protocol specialist at Coinbase and Koliopoulos has experience in social media and content platforms.
Team
No current team members are available.