Exnetwork Capital
Manila, Metro Manila, Philippines
Overview
Exnetwork Capital is an investment firm focused on funding innovation in the decentralization movement. A hybrid fund, social network of investors and an incubator, Exnetwork Capital has been a key ingredient in the success of numerous projects launched since 2018.
- Total investments
- 12
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 1
Investment portfolio
- GPU.Net
Participated · Series A · Apr 2024
GPU.net builds a decentralized GPU infrastructure marketplace aimed at meeting compute needs for generative AI, Web3/metaverse projects, cryptocurrency mining, and high-end graphics rendering. The platform pools distributed GPU resources to serve emerging compute-intensive applications. In the article GPU.net is reported to have completed a $5.25M Series A financing, following an earlier $500k financing in August of the prior year. Investors in the latest round include a mix of crypto-focused funds and individual backers named in the coverage. The company’s recent financings suggest a focus on expanding its network and capacity to address growing demand for decentralized GPU compute. No specific revenue or user metrics were disclosed in the article. GPU.net provides a decentralized GPU-on-demand infrastructure featuring multi-purpose GPUs and a decentralized architecture. The platform highlights data privacy via FHE and includes protocol-dring among its features. It is positioned to empower workloads such as Generative AI, Web Metaverses, high-end graphics rendering, and cryptocurrency mining. Co-founded by Suraj Chawla and Kirubakaran Reddy, the company aims to evolve into a Generative Processing Unit. Initially it plans to support versatile GPU tasks including 3D, AI, and research. The company raised USD500K to validate the platform’s potential and to accelerate development of infrastructure addressing global GPU resource challenges.
- Voltage Finance
Participated · Equity · Feb 2022
Voltage Finance (formerly FuseFi) is an all‑in‑one decentralized finance platform built on the EVM‑compatible Fuse Network and focused on mainstream DeFi adoption. Its consumer products include integration with the Fuse Cash mobile wallet for zero‑fee exchanges and a platform‑native stablecoin, FuseDollar (fUSD). The project emphasizes usability features such as direct mobile bank‑to‑crypto onboarding across 170+ countries and interest earnings on fUSD of up to 50% annually. Voltage has launched the Voltage DAO and is preparing a public Volt (VOLT) governance token sale with launchpads and a dedicated round for Fuse token holders. The token generation event (TGE) was expected around March 3, 2022, coinciding with DEX listings, initial farming pools, staking and an airdrop for early users. The company reported a private fundraising round closing that brought total private raises to $3.4M.
- Space Falcon
Participated · Equity · Jan 2022
Space Falcon is a Solana-powered, browser-based play-to-earn metaverse built around a classic multiplayer space shooter and premium sci‑fi NFTs. The project supports decentralized asset ownership and token-based economics (FCON and FGOLD) and integrates with Solana DeFi/DEX partners. It reports a community of over 400,000 across social channels and about 5,000 monthly active users with more than 50,000 minutes played. Space Falcon plans to introduce ownable in-game assets (spaceships, planets, galaxies) as NFTs and to integrate web3 wallets for trading and P2E utility. The team has strategic partnerships with Solice, Raydium, Roseon Finance, and Cyclos to accelerate growth in the Solana ecosystem. The company intends to use the $4 million raised to further develop the game and improve user experience; FCON was scheduled to launch on Raydium’s AcceleRaytor and list on January 25, 2022.
- LEWK
Participated · Seed · Jan 2022
LEWK is a blockchain-powered SocialFi content monetization platform that enables creators to monetize content without leaving their preferred social media platforms. The platform positions itself as a one-stop-shop for brands, publishers, creators, and fans and offers features intended to boost user experience and incentives on existing social platforms. Founded by a team of experts in blockchain, social media, and fintech, LEWK emphasizes usability to avoid the complexity that has hindered prior blockchain-social products. LEWK's tokenomics include a total supply of 1 billion tokens and a fully diluted valuation of $36 million following the seed and private rounds. The company closed $3.26M in seed and private funding, with the seed reportedly completed in three hours, and is preparing a public sale expected in March 2022. LEWK is finalizing public-sale details with partners while continuing product development and investor outreach from its Dubai, UAE base.
- myMessage
Participated · Equity · Dec 2021
myMessage offers a decentralized, Reddit-like social media platform combined with a decentralized data storage platform built for multi-chain accessibility and compatibility with popular Web3 products. Its product suite includes a decentralized thread-reply bulletin board, a messaging dApp, developer tools and SDKs, and a Data Portal that provides encrypted data feedings to Web3 applications with quantum-resistant security claims. The team is positioning the protocol to enable censorship-resistant monetization and to scale for early market capture in the emerging Web3 landscape. myMessage is launching a native token, MESA, via IDOs on launchpads (BSCStation sold out; TrustPad scheduled for Dec. 18) and plans the initial listing with a $408,000 market cap and a 5 billion token supply. The company has also received a Polygon grant and announced a partnership with Islander to support Web3 development. The announcement of the raise was published from Singapore on Dec. 15, 2021.
Team
Eric Su
Founder & CEO
LinkedIn