Participated · Seed · Jun 2026

Canopy develops an AI-native framework and tooling that enable founders, developers and coding assistants to turn app ideas into readable, extensible onchain code. The project acquired Tanssi’s core technology—its appchain control center, sequencer system and a Snowbridge-based Ethereum bridge—to provide appchain deployment, block production and cross-chain connectivity. Canopy is live on a public testnet that launched nearly 27,000 projects in its first 12 days and has since exceeded 331,000 projects, indicating strong early traction. The company raised $8.5 million in seed/start capital and will use the proceeds for Mainnet launch, hiring additional engineers, and improving the developer experience and AI-native tools. Canopy’s roadmap prioritizes Mainnet in the near term and aims to create an integrated environment that allows even non-technical creators to build, deploy and evolve blockchain applications from one place.

Participated · Equity · Feb 2026

Huddle01 is building a decentralized real-time communications network (dRTC) on Arbitrum Orbit with Caldera integration, targeted at gaming, social apps, AI, metaverses, and general video conferencing. Its product suite includes Huddle01 Meet for video calls, Huddle Cloud for low-cost real-time infrastructure, Farhouse for spaces and streams, and HuddlePad, a token-launch platform that uses Uniswap’s Continuous Clearing Auction (CCA) mechanism. The testnet has processed more than 3.3 million transactions, logged over 1.2 billion meeting minutes, attracted 170,000–204,000 active users, and driven 100,000+ mobile app downloads. In production, the network has delivered 840+ million minutes of service and supports thousands of community-run nodes. Huddle01 plans to launch its mainnet and conduct a Token Generation Event (TGE) for its native $HUDL token in Q1 2026, allocating 21% of the TGE supply to node operators. A current public sale is offering 10% of the 200 million-token supply via CCA at a floor price of 0.1 USDC, with a five-day auction window. The company recently strengthened its balance sheet with a $6.6 million capital infusion from prominent crypto investors and angels.

Participated · Seed · Mar 2025

Chronicle is a blockchain data provider founded in 2017 that operates an oracle network supplying authenticated, real-time data to issuers of tokenized assets. Its infrastructure has secured more than $20 billion in total value to date and recently introduced its Verified Asset Oracle used by clients such as Centrifuge, Superstate and M^0. The network relies on validators drawn from both traditional financial data providers and crypto-native organizations to ensure data security, auditability and cost efficiency. Chronicle positions itself as a bridge between traditional finance and digital assets, aiming to support the projected multitrillion-dollar real-world asset tokenization market. With fresh seed funding, the company plans to accelerate product development, broaden partnerships with banks and asset managers, and reinforce compliance capabilities. The objective is to supply the reliability and regulatory assurance institutions require as they move financial instruments onto blockchain rails.

Participated · Series B · Jan 2025

Reown focuses on improving onchain user experience through its core products: Reown AppKit (embedded wallets, smart accounts, fee sponsorships, swaps, on-ramps) and Reown WalletKit (toolkit for wallet UX). AppKit has become multichain with recent support for Solana and Bitcoin and plans to expand to more blockchains; WalletKit is used by over 600 wallets and emphasizes chain abstraction and gas abstraction. The company has launched features such as Smart Sessions to enable subscription payments in crypto and reports integrations with partners including Stripe and Raise, plus use by apps like Jupiter, Drift, and Marinade. The WalletConnect Network, developed and launched in 2018 by Reown, has surpassed over 220 million connections and more than 35 million unique active wallets, facilitating over 20 million monthly connections for more than 5 million monthly users. Reown is also participating in decentralizing the WalletConnect Network and has introduced the WalletConnect Token (WCT) for fees, rewards, staking, and governance. The company will use new capital to further develop its onchain UX platform through its SDKs, continuing to target the overlap of traditional finance, fintech, and decentralized finance. WalletConnect is a web3 communications protocol that establishes end-to-end encrypted connections between wallets and applications, enabling transaction signing and token authentication. Its suite of multi-chain communications APIs and protocol integrations aim to enable interoperability across blockchains and simplify access to web3 from a single app. The protocol has been integrated by more than 210 consumer and institutional wallets and by over 450 apps, and is used by users in 157 countries. WalletConnect recently released an enhanced protocol with multi-chain support and is expanding its product suite with new communications APIs. The company is focused on decentralizing its infrastructure through the planned WalletConnect Network and forging strategic partnerships to support that buildout. Financially, it completed a $12.5 million ecosystem round following a Series A earlier this year co-led by Union Square Ventures and 1kx.

Participated · Equity · Aug 2024

Morpho Labs operates a decentralized lending and borrowing protocol that aggregates markets and allows users to create their own on-chain lending markets with bespoke risk parameters. The protocol had about $6.6 billion in assets locked and counts customers and integrators such as Coinbase, Kraken, Anchorage Digital, and Galaxy Digital. Morpho was initially built on top of Aave before evolving into a distinct protocol that seeks to compete with incumbents by offering customizable markets and higher yields. The team includes cofounder Paul Frambot, who launched the project at age 20, alongside Merlin Egalite, Julien Thomas, and Mathis Gontier Delaunay. Morpho has experienced some security exposure tied to a broader exploit that affected Aave but has continued to grow adoption. The company has signaled plans to court traditional financial institutions as it further develops its protocol and market reach.