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The Venture Codex

Concave

Street 14, Sector I-9/2, Islamabad, Islamabad Capital Territory, 44000, Pakistan

Overview

Concave Ventures is a venture capital firm that helps to invest in innovative ideas.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • Zivoe Finance

    Participated · Equity · Jul 2024

    Zivoe is a provider of a real‑world asset (RWA) credit protocol that connects global DeFi liquidity to private credit markets. The protocol aims to channel capital into underserved areas and plans to introduce consumer loans as a new source of RWAs for DeFi, expanding yield opportunities tied to real economic activity. Its launch coincides with an initial tranche offering (ITO) designed to attract initial total value locked (TVL) by allowing liquidity providers to deposit stablecoins into senior or junior tranches. Liquidity providers receive Tranche Tokens that offer risk‑stratified exposure to a loan portfolio secured by a special purpose vehicle (SPV) backed by cash flows from consumer loans; those tokens can be staked to earn yield. ITO participants will be eligible to receive $ZVE, the platform’s native governance and utility token, via an airdrop upon completion of the ITO. The company is based in George Town, Cayman Islands.

  • Puffer Finance

    Participated · Seed · Aug 2023

    Puffer Finance is an LSD protocol creating a permissionless staking pool that reduces the independent validator participation threshold from 32 ETH to 2 ETH. The design aims to increase capital efficiency for stakers by lowering entry barriers. Puffer also develops an open-source project called “Secure-Signer” intended to prevent validators from being slashed during validation. The protocol emphasizes permissionless access and reduced technical/financial requirements for validator participation. Puffer announced an $18M Series A financing led by Brevan Howard Digital and Electric Capital. The round included participation from Coinbase Ventures, Kraken Ventures, Lemniscap, Franklin Templeton, Fidelity, Mechanism, Lightspeed Faction, Consensys, Animoca and GSR. Puffer Finance is a decentralized native Liquid Restaking Protocol (nLRP) built on EigenLayer. It issues a native Liquid Restaking Token (nLRT) that accumulates PoS and staking rewards. Nodes on the protocol leverage Puffer's anti-slashing technology to reduce risk and improve capital efficiency. The protocol increases returns through re-staking mechanisms. Binance Labs announced an investment in Puffer, though the amount and terms were not disclosed. Puffer previously completed a $5.5M seed round in August 2023 led by Lemniscap and Lightspeed Faction. Puffer Finance, based in George Town, Cayman Islands, develops open-source infrastructure to secure and scale Ethereum validator operations. Its core products include Secure-Signer, a remote signing tool that limits access to validator keys to prevent slashable offenses, and Secure-Aggregator, which underpins a liquid staking protocol. The company aims to create a capital-efficient, permissionless staking pool (PufferPool) that lowers barriers for at-home stakers and preserves decentralization through anti-slashing technologies. Planned protocol features include reducing the effective bond requirement from 32 ETH to 2 ETH and enabling anyone to join as a Node Operator. Puffer intends to use its new funding to accelerate Secure-Signer development and rollout of the staking protocol. Financially, the company closed a $5.5M seed round following an earlier $650K pre-seed led by Jump Crypto.

Team

No current team members are available.