Participated · Equity · May 2024

Gamic is developing a community application that runs the rails to Web3, aiming to help digital communities connect, engage and transact. The company says its platform has seen tremendous growth in users, communities and transactions. Its stated vision is to transform digital communities into vibrant economic networks and to provide tools for broader decentralized, user‑empowered participation. Gamic is backed and incubated by Binance Labs, with Fundamental Labs serving as its development partner. The startup has raised $1.8 million across multiple rounds to fund product development and expansion. It is currently working toward launching Gamic V3 and plans to collaborate closely with partners and investors to execute its roadmap.

Participated · Seed · May 2023

FARE Protocol builds probability smart contracts that trigger on transparent on-chain events and use probability variables to determine outcomes. Its first use case is randomized minting and burning (described as “winning” and “losing”) of the FARE token, with the probability of losing or burning set higher than minting to create deflationary pressure. Rather than a centralized house capturing profits, the protocol is designed to pass value to FARE holders through token deflation. FARE plans to launch its ecosystem and native token on Ethereum layer‑2 Arbitrum later this year. The company raised $6.2 million in a seed round ahead of the token launch. Investors named in the round include Goat Capital (managed by Justin Kan), C Squared Ventures, 6th Man Ventures, Arrington Capital, Eniac Ventures, Spark Digital Capital, Morningstar Ventures, Quantstamp, DWeb3 and others.

Participated · Seed · Aug 2022

Datawisp provides a no-code, 100% visual data exploration and dashboarding platform aimed at business clients in web3 and gaming. The platform lets customers combine web3 and web2 data sources and build complex queries without writing code. It is currently integrated with Solana for direct on-chain access, with support for additional blockchains planned later this year, and supports a variety of web2 data sources. Datawisp differentiates by focusing on unique business metrics rather than standardized consumer/NFT metrics. The four-person founding team previously built data products and consulting engagements for clients such as Twitch, DreamHack, and ESL. The company raised a $3.6M seed round and will use the funds to grow the team, improve platform offerings, and scale infrastructure to support larger clients.

Participated · Equity · Jul 2022

Mighty Bear Games is a Singapore-based studio building mobile-first, multi-platform games led by CEO Simon Davis. The studio has rapidly established itself as a partner for leading IPs and platform owners with titles including Butter Royale and Disney Melee Mania. It is expanding into web3 with its first blockchain game, Mighty Action Heroes, a multiplayer third-person battle royale slated for release later this year. Mighty Action Heroes will be powered by Polygon, and the studio plans to release an NFT PFP collection this summer tied to early access and in-game rewards. The company raised $10M in funding to accelerate growth and expand operations. Polygon will also provide funding, marketing, technical advice, strategy and ecosystem support for the web3 title. Mighty Bear is a Singapore-based game studio preparing its debut smartphone title. The startup was founded by four former King.com staffers and its 18-person team includes veterans from Ubisoft, EA, Lucasarts, Disney and Gameloft. Its first game is an MMORPG currently being soft-tested for scalability among users in India and the Philippines, with a full iOS and Android launch planned later this year. The studio intends to launch a second title as well and manage both games concurrently, aiming to streamline large desktop experiences into five-minute play sessions for a broader audience. As part of R&D, Mighty Bear creates videos and advertising for mock games to test user engagement and refine concepts before soft launch. Financially, the company previously raised $775,000 in a pre-seed round in early 2017 and has now secured a new seven-figure financing of roughly $2.5 million. Mighty Bear Games is a Singapore-based studio founded by four former King.com/Non Stop Games employees: Simon Davis, Fadzuli Said, Benjamin Chevalier and Saurabh Shukul. The eight-person team has more than 50 years of combined game-development experience and is based at Pixel Studios, a government-backed initiative. The studio is developing its first release, a mobile role-playing game, with plans to launch in test markets before the end of the year. Mighty Bear intends to focus on mobile titles and targets Western gamers while remaining headquartered in Singapore. The company formed after King.com closed its Singapore office following Activision’s acquisition, and the founders saw the closure as an opportunity to start anew. The team cites Singapore’s talent pool, regional access and government support as reasons to stay.

Participated · Seed · Jul 2022

ZKX is a decentralized exchange that makes perpetual futures trading social via PVP battles, copy trade pools and gamified competitions. The protocol leverages an appchain to deliver high scalability and high-speed APIs, combining centralized exchange efficiency with DeFi self-custody. ZKX launched its native $ZKX token on KuCoin, Gate.io and Bitget and introduced staking and an airdrop to reward users and early adopters. The token has a total supply of 100 million with 33% unlocked at launch; staking lets users earn a share of platform revenue and supports governance. The team plans to expand cross-chain interoperability and broaden presence across multiple L1 and L2 ecosystems in 2024. ZKX has raised $7.6M to date from a mix of strategic and earlier investors to accelerate protocol growth and feature rollout. ZKX builds an open-source, permissionless derivatives trading protocol on StarkNet (StarkWare’s L2) that leverages ZK rollups. The protocol aims to address DeFi challenges such as over-reliance on oracles, difficulty bootstrapping liquidity for new derivatives, and centralized listing mechanisms. ZKX plans to launch its mainnet in Q4, followed by its first product: an exchange enabling crypto derivatives trading on StarkNet with built-in rewards, liquidity provisioning, and support for complex trading strategies. The company raised $4.5M in seed funding to support further development of its core offerings, DAO funding, and continued growth of the ZKX ecosystem. ZKX was founded in 2021 and is headquartered in Dubai, United Arab Emirates. Founders named in the articles are Eduard Jubany Tur, Naman Sehgal, and Vitaly Yakovlev.