Compound Ventures
257 Park Avenue South, 6th Floor, New York, NY, 10010, United States
Overview
Metamorphic Ventures is a New York-based seed stage VC investing in digital media and payment processing.
- Total investments
- 133
- Lead investments
- 32
- Investments · 12mo
- 4
- Active investors
- 0
Sector focus
- Venture Capital
Investment portfolio
- Orbital Materials
Participated · Series B · May 2026
Orbital Industries uses an “AI industrial” approach combining materials discovery, engineering, and manufacturing to accelerate physical product development. Its simulation engine, Orb, models quantum mechanical behaviour of atoms at scale to speed materials simulations and product iterations. Commercially, the company is targeting data centre infrastructure via Orbital IT, developing a PFAS-free dielectric cooling fluid and a refrigeration system for high-density GPUs as well as modular off-site manufactured data centre units for faster deployment. The company was founded by Jonathan Godwin, James Gin-Pollock, and Daniel Miodovnik and is based in London. Financially, it has just raised $50 million in a Series B to scale products, grow its AI and engineering teams, and expand industrial applications beyond data-centre use cases.
- Cycles
Participated · Equity · May 2026
Cycles is developing a unified clearing network that nets obligations across crypto trading and stablecoin payment flows using zero-knowledge proofs, trusted execution environments, and multilateral clearing. Its first products are Cycles Prime, an institutional product that enables private netting of OTC obligations without collateral or asset movement, and Cycles Pay, a stablecoin payments app for individuals and businesses that routes payments through the clearing engine to minimize capital movement. Cycles Prime is launching with Lynq and FalconX as anchor partners, and Cycles Pay offers invoicing and expense management with a private beta for business features. The company was spun out of Informal Systems and is led by Cosmos co‑founder Ethan Buchman. Financially, Cycles has raised $8.7 million to date, including a $2.3 million pre-seed in 2025 and the $6.4 million round announced in May 2026.
- Cofounder
Participated · Seed · Dec 2025
Cofounder, created by The General Intelligence Company of New York, is developing the infrastructure for the "one-person billion-dollar company." Today the product functions as an assistant, but the team is evolving it into the first full-stack agent company platform so that product/engineering, sales and go-to-market, customer support, and operations can all be run entirely by AI agents. The founders believe agent capabilities are advancing rapidly yet remain siloed in point solutions; their platform aims to unify those capabilities into a cohesive operating system for businesses. Over the next five years they envision millions of AI-enabled companies being launched on Cofounder, culminating in a 2026 public demonstration of a software company operated solely by agents. The company’s branding—sunflowers, greenery and leisure imagery—underscores its mission to let people work less and spend more time on what they love. To fund these ambitions, Cofounder has secured $8.7 million in seed capital led by Union Square Ventures.
- The Clearing Company
Participated · Seed · Aug 2025
The Clearing Company is developing a new type of prediction market that it describes as onchain, permissionless and regulated. The startup is led by CEO Toni Gemayel, a former head of growth at Polymarket and Kalshi, and includes other staff who previously worked at Polymarket. The product will compete directly with incumbent prediction-market platforms such as Polymarket and Kalshi. The company has signaled early-market traction through fundraising, completing a $15 million seed round. The article notes wider industry interest—Coinbase has said it plans to expand into prediction markets—and cites Polymarket’s 286,000 active traders in July as context. The announcement does not disclose The Clearing Company’s revenue or user metrics.
- Panthalassa
Participated · Series A · Jul 2025
Panthalassa builds self-propelled, autonomous floating nodes that capture wave energy to generate continuous clean electricity and run AI inference computing onboard, transmitting results to land via low-Earth-orbit satellites. The company has spent about a decade developing its power generation, propulsion, autonomy, and at-sea computing technologies and demonstrated capabilities with Ocean-1, Ocean-2, and Wavehopper prototypes in 2021 and 2024. Panthalassa plans to deploy its Ocean-3 pilot node series in the northern Pacific in 2026 to demonstrate AI inference at sea and to refine manufacturing ahead of commercial deployments in 2027. The platform uses the ocean for free supercooling to extend chip lifetimes and avoids transmitting power to shore by performing computing onboard. The company is a public benefit corporation headquartered in Portland, Oregon, and recently raised $140 million in a Series B to complete a pilot manufacturing facility and accelerate initial deployments.
Team
No current team members are available.