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 · Equity · Mar 2024

peaq is a Web3 DePIN platform building modular DePIN functions for decentralized physical infrastructure networks. Its product roadmap includes Modular DePIN Functions such as peaq ID for self-sovereign machine identities and peaq pay for peer-to-peer payments. The company raised $20 million via a token launch on CoinList, the largest CoinList launch in over two years. The offering was oversubscribed—more than 14,500 community members contributed over $36 million in total—and coincided with 20%+ growth across peaq’s ecosystem. peaq plans to use the funds to bolster ecosystem growth, support community-facing programs, and accelerate development of its Modular DePIN Functions ahead of its mainnet launch. CoinList is finalizing token allocations and will provide token generation event details closer to mainnet. peaq builds a web3 network that hosts decentralized physical infrastructure networks (DePINs) — token-incentivized dapps that crowdsource and operate connected real-world infrastructure. It currently hosts 20 DePINs, including Silencio (an app for measuring noise pollution with smartphones) and ELOOP (a Tesla car-sharing fleet). After years of R&D, the company is preparing for a network launch. peaq raised $15M to strengthen its network and ecosystem. The funding will be directed to an Ecosystem Grant Program and to further development of backend functions and a Software Development Kit to help teams build and deploy projects faster. The project aims to shift ownership of mobility, internet and energy infrastructure from corporate to community-owned models. Peaq offers decentralized infrastructure and developer tools for building and monetizing decentralized applications (dapps) for machines, vehicles and devices. The network enables dapps for use cases such as bike and car sharing, electric-vehicle charging and peer-to-peer energy trading. Peaq is built on Substrate and is pursuing a Polkadot parachain to enable cross-chain interoperability and enhanced security. The project plans to introduce machine DeFi, machine NFTs and self-sovereign machine identities so machines can act as sovereign economic actors. Peaq raised $6 million in seed funding to expand its development team and support new product and feature launches. A portion of the funds will also be used to increase awareness ahead of its bid for the Polkadot parachain. Co-founder Till Wendler described the buildout as necessary to prepare for wider Web3 adoption and increased reliance on AI. peaq is a blockchain infrastructure and solution development company founded in 2017 that aims to transform the internet of things into the “economy of things.” The company offers peaq enterprise, focused on blockchain solutions for businesses, and the newly announced peaq network for a public network and token ecosystem. peaq says its enterprise product will use recent funding to expand customer deployments while peaq network funding will support the public network and a planned token offering. Customers include Fortune 100 company NTT and a large German automotive group, which the company cites as validation of its technology. CEO Till Wendler said the team delayed launching a public network to create real-world value for businesses first and will share more information as the peaq network funding round finalises. The firm intends to use the capital to diversify its blockchain solution across enterprise and public network efforts. Led by CEO Till Wendler, peaq develops neutral innovation and transaction infrastructure for decentralized IoT applications and has built its own blockchain infrastructure called DAGchain. A 16-member team researched and developed the technology in Berlin over a three-year period. DAGchain combines blockchain and DAG technology to enable high performance, high security and decentralized operation without high energy consumption. The platform supports conventional programming languages and complies with data protection requirements. In 2020 the company reported revenue of €600k. peaq intends to use the funding to launch a full-scale blockchain platform for the automotive industry and plans to replicate the platform across telecommunications and compliance industries.

Participated · Equity · Feb 2024

Truflation is an economic data field company that provides a comprehensive selection of independent indexes and data feeds. It compiles millions of data points aggregated in real time to offer an alternative to data collection methods used by official agencies. The company offers a DRPp (Definitive Reference Point) protocol that tracks real-time data across networks, markets, and feeds. Truflation tracks over 18 million items with three price feeds per item and delivers censorship-resistant, accessible data indices. Its data infrastructure is positioned to empower developers to build open, limitless markets and support systemic advancements in the economy. The company raised $6M and intends to use the funds to expand operations and development efforts.

Participated · Seed · Oct 2023

NexGami operates a Web3 gaming platform aimed at hosting competitive gaming events across multiple titles and bringing traditional gamers into the Web3 space through tokenomics. The platform enables developer integrations, lets users organize tournaments, allows players to compete for rewards, and supports content creators in sharing gaming experiences. All revenue on NexGami is redistributed to users who create, share, and engage with esports content to foster a sustainable ecosystem. The company is led by CEO and founder Brice Bian and is based in Vancouver, Canada. NexGami says it will use the recently raised funds to expand operations and accelerate development efforts. NexGami is a Web3 gamefi company focused on the eSports industry, integrating blockchain technology and decentralized finance elements to create new opportunities for gamers. Its platform emphasizes integration solutions and aims to enhance the gaming experience for users within the Polygon network. The company is led by founder and CEO Brice Bian. NexGami intends to use recent funding to expand operations and accelerate development efforts. Financially, the company completed a Seed round that values it at $20M and raised $2M. The article did not disclose other operating metrics such as revenue or user counts.

Participated · Seed · Sep 2022

KNN3 builds permissionless (decentralized) graph databases and tools that help developers draw insight from cross-blockchain relational user data, such as relationships, status and memberships. The company is starting by targeting consumer-facing dApps in Asia and counts Mask Network as a customer. In the U.S. it plans to pursue enterprise-facing organizations like Chainlink and is weighing a cloud-services product built on top of Chainlink oracles. KNN3 says that product would let developers build and run decentralized apps without managing the fundamental data layer. The startup currently employs a team of 24 across Singapore, China, Europe and the U.S., and with the new funding plans to attract more tech talent from Silicon Valley. KNN3 positions itself against players like Nansen, Alchemy and The Graph by focusing on decentralized, cross-chain relational data for developers.