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Danal

2833 Junction Avenue Suite 202, San Jose, CA, 95131, United States

Overview

Danal, Inc. is a subsidiary of Danal Corp of Korea. Danal’s Mobile solutions platform offers financial institutions and major retailers groundbreaking mobile transaction risk management services, and streamlined, customer conversion solutions that lower customer abandon rates during registration and checkout. Danal in the US is headquartered in San Jose, California. Its majority shareholder, Danal Co., Ltd (Seoul, South Korea), pioneered Direct Carrier Billing (DCB) technology in Korea, Taiwan and China in 2000. An additional shareholder, Morgenthaler Ventures, also participated in Danal’s $9.5 million Series A investment in 2007. After announcing its first direct carrier payment connection with Verizon wireless in 2010, Danal Co. purchased additional equity in Danal to take a majority ownership position. In March 2012, Danal entered a marketing agreement with Discover to enable the two companies to drive market-leading innovation and value in a rapidly-evolving Omni Commerce [across online, mobile, and retail channels] marketplace. Danal Inc. was acquired by Bango in May 2016.

Total investments
3
Lead investments
3
Investments · 12mo
2
Active investors
3

Sector focus

  • Information Technology
  • Internet
  • Mobile
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Investment portfolio

  • Nexton Solutions

    Led · Equity · Nov 2025

    Nexton Solutions builds an AI-native execution layer designed to maximize on-chain yield by automating restaking and arbitrage strategies across decentralized and centralized liquidity venues. Its stack comprises Nexton-ai, an AI arbitrage routing engine that scans DEXs such as STON.fi, DeDust and EVAA as well as CEXs like Binance and Hyperliquid, and Nexton-re, an automated restaking module that mints performance-tracking staking NFTs and enables multi-layer restaking. All functionality operates inside Telegram, removing the need for dashboards or extensions and streamlining user interaction. The platform currently manages more than $3 million in TVL, serves over 60,000 monthly active users, and collaborates with 75+ ecosystem partners across TON, Kaia, Base and BNB Chain. Reported AI strategies have produced 70–90% APY and over 40% cumulative ROI derived from real arbitrage PnL. With a strong footprint in Korea, Japan and Southeast Asia, Nexton plans to grow to 500,000 users and position itself as the default AI execution layer for global restaking and arbitrage. Near-term initiatives include multi-route upgrades, expanded Telegram growth funnels and preparation for an NXT token private round.

  • Nexton

    Led · Equity · Nov 2025

    Nexton provides an AI execution layer that optimizes restaking and arbitrage opportunities for users across decentralized (DEX) and centralized (CEX) exchanges. Its two core products are Nexton.ai, an AI arbitrage-routing engine that scans venues such as STON.fi, DeDust, EVAA, Binance and Hyperliquid to execute risk-adjusted trades, and Nexton.re, an automated restaking module that mints staking NFTs and enables layered restaking strategies. All interactions occur through a Telegram bot, eliminating the need for browser dashboards. The platform has quietly amassed more than US$3 million in total value locked (TVL), over 60,000 monthly active users and partnerships with 75+ ecosystem players on TON, Kaia, Base and BNB chains. Certain AI strategies have delivered 70-90 % APYs and the protocol reports a cumulative ROI above 40 % drawn from real PnL rather than token emissions. Geographically, the company is gaining traction in Korea, Japan and Southeast Asia and positions itself as the leading AI engine within the TON ecosystem. Near-term plans include adding multi-route arbitrage, expanding to more chains, scaling Telegram acquisition funnels and launching “Restake Asia Season 1.” Nexton also intends to run a private sale of its 500 million-supply NXT token, targeting US$3 million at a US$25 million FDV, with token utilities spanning revenue share, governance and collateral functions.

  • Align AI

    Led · Seed · Jan 2024

    Founded in 2021, Coxwave’s core product, Align, is a data-driven platform that tracks real-time user behavior and quantitatively evaluates conversational AI services, helping companies improve satisfaction and reliability. The company complements this with AI transformation (AX) consulting across sectors such as ed-tech, AICC, and finance. Align’s roadmap includes an “AI Guardrail” feature that will monitor agent actions and enable instant mitigation of issues. Coxwave has already collaborated with global tech leaders Anthropic, OpenAI, and NVIDIA, and it was selected for the Korean government’s Scale-up TIPS R&D program in December 2023. Its AX arm has executed projects for PwC India, Meta, Microsoft, and more than ten other clients. Additionally, the firm released EduTap, a B2B AI education solution now used by FastCampus, Hackers, and other ed-tech companies. To date, Coxwave has raised a cumulative ₩12.5 billion to fuel product development and market expansion.

Team

  • Abhishek Tiwari

    VP, Product and Operations

    LinkedIn
  • Vijay Reddy Jallu

    VP of Engineering

  • Atreedev Banerjee

    Chief Operating Officer

    LinkedIn