Participated · Seed · Aug 2024

Skyfire Systems has built an open payment protocol that gives AI agents secure wallet access, verifiable identity, and instant settlement rails so they can purchase products and services without human intervention. The platform already processes payments between AI agents and enterprises such as Emergence AI, Pricing Culture, Venice AI, Micro1, OpenRouter and Net Nut. To keep on-chain costs low, Skyfire is integrated with Base, Coinbase’s Layer-2 blockchain, where average transaction fees run below one cent. The company also supports the Coinbase Wallet, letting agents hold value and transact with other agents, companies or individuals. In just weeks since launch, the network has begun commercial payment flows for LLM aggregators and large financial-services firms. Skyfire plans to use its new capital to expand operations and accelerate product development. Following the latest raise, the San Francisco-based company’s total funding stands at $9.5 million.

Participated · Seed · Mar 2024

Sonaverse provides an on-chain data infrastructure that consolidates, normalizes, and delivers standardized datasets spanning major blockchains and DeFi platforms. The platform offers curated, reliable datasets for more than 30 chains and leverages Snowflake’s big data technology to enable seamless data sharing. Sonaverse’s service removes the need for financial institutions to run nodes, clean and curate data, or build and maintain APIs. It also offers a data visualization platform that surfaces wallet activity, token volume, and other on-chain metrics for chains including Ethereum, Solana, Binance, Polygon, Bitcoin, Celo, Gnosis and Fanton. Led by CEO and Founder Patrick Kim and based in Irvine, CA, the company plans to use recent funding to accelerate product development and drive global institutional adoption. The business positions itself as institutional-grade infrastructure to help financial institutions engage with blockchain data more efficiently.

Led · Seed · Dec 2023

Gacha Monsters is a media company focused on entertainment in the web3 landscape, led by CEO Jia Shen. The firm combines intellectual property creation with strategic partnerships and investments to deliver immersive experiences across multiple mediums. Its debut property, Poglin, features a world of six tribes vying for supremacy in the mystical realm of Haven. The company plans several gaming titles rolling out to the mass market and will soon announce a partnership with a renowned Japanese IP and the imminent launch of that partnership’s first game. Gacha Monsters has established technology partnerships with OpenSea, SUI and Open Loot and integrations with chains such as Arbitrum to expand its reach and capabilities. Financially, Gacha Monsters raised US$3M in a Seed funding round to support development and dissemination of its immersive IP.

Participated · Seed · Oct 2023

Republik is a Singapore-based technology company that uses Web3 technologies to connect creators with their communities through a token-based reward system. The platform rewards users for interacting with content, referring friends, and supporting creators. Republik is currently in beta across web app, iOS, and Android. Led by CEO Daniel He, the company intends to use its latest funding to develop Web3 creator tools on the blockchain. The firm raised $6M in Seed funding and maintains offices in Berlin and Los Angeles.

Participated · Equity · Jan 2023

FilSwan, led by founder Charles Cao, builds cross-chain infrastructure for Web3 that integrates data, computing, bandwidth, and payment into one suite for Web3 projects. Its first cross-chain product, multichain.storage, launched on the Polygon mainnet and enables users to pay IPFS/Filecoin storage with Polygon stablecoin. Multichain.storage is integrated with Chainlink’s external adapter and price feed technology to facilitate stablecoin payments. The product is designed to lower the operational bar and simplify dApp development for Web3 storage. FilSwan will use the $3M in funding to support product development and user acquisition. The company is based in Toronto and is an alumnus of the Binance Labs incubator and the Startup-with-Chainlink program.