Participated · Seed · Jan 2024

Fetcch provides infrastructure for digital payments and rewards platforms, with a focus on enabling Web3 cross‑chain payments. The company integrates multiple cross‑chain solutions to support its offering. Reported integrations include LayerZero, Axelar, Wormhole, Circle's CCTP and Chainlink's CCIP. Fetcch announced completion of a $1.5 million Pre‑Seed financing. The round was led by Hashkey Capital and AppWorks Venture. Additional participants included LD Capital, Compute Ventures, M6 and GravityX Capital.

Participated · Seed · Nov 2022

Finery Markets operates an over-the-counter multi-dealer electronic marketplace and provides trading solutions for institutional participants in crypto markets. The platform offers pre-trade and post-trade functionality, price intelligence, full trade transparency, settlement flexibility, market and counterparty risk controls, and reporting tools. It has served clients since 2019 and enables 70+ businesses working with digital assets to access deep liquidity pools from global providers. The platform is available as a white-label solution for prime brokers, OTC desks and exchanges seeking to develop low-touch client businesses. Led by CEO Konstantin Shulga, the company intends to use newly raised funds to accelerate platform growth and diversify its client base.

Participated · Seed · Jun 2022

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 2022

BitsCrunch offers a decentralized, AI-powered NFT data platform that provides multi-chain insights and forensic analysis for NFTs and digital assets. The platform enables developers to build dependable NFT applications (dApps) and supports retail, institutional, and venture investors in making better decisions about crypto assets. BitsCrunch emphasizes crypto data forensics and transparency in the NFT space. The company recently secured strategic funding and expanded its community financing via a CoinList sale, demonstrating strong market interest. Management says the investment will help the company scale across multiple chains in the coming years. CEO Vijay Pravin highlighted Cypher Capital's introductions to venture partners and portfolio companies as a valuable contribution to growth. bitsCrunch operates a decentralized, AI-enhanced network that delivers NFT analytics, forensic data, price estimations, and developer tools accessible via APIs. The network aggregates data across multiple blockchains and NFT marketplaces to help users identify risks, fraud, and make informed investment decisions. bitsCrunch ran an incentivized testnet that attracted over 27,000 unique wallets and used CoinList to run a community BCUT token sale that raised $3.85M and added more than 3,300 unique token holders. The BCUT sale offered 7% of a 70,000,000 total supply at $0.055 per token; registrants pre-funded wallets with $21M and more than 38,000 unique registrants from 163 countries participated. The team is preparing for a mainnet launch planned for January 2024; 20% of purchased tokens will be distributed on mainnet with a 12-month linear release. Prior financings include a $3.6M private round led by Animoca Brands and a $2.4M strategic round led by Hashkey Capital, demonstrating institutional backing. bitsCrunch is a Munich, Germany–based blockchain analytics startup that uses artificial intelligence to provide security and analytics tools for the NFT ecosystem. Its products deliver actionable NFT insights to help users decide which NFTs to buy and to safeguard NFT assets against fraud and theft. The company was founded by CEO Vijay Pravin and maintains operations in India. The launch context for its services is a rising tide of NFT fraud—OpenSea reported more than 80% of NFTs created for free on its platform are fraud or spam—driving demand for better safeguards. bitsCrunch said it will use recent funding to expand the team and focus on securing many prominent blockchains. Financially, it announced a $3.6M private funding round led by Animoca Brands. bitsCrunch GmbH is a Chennai- and Germany-based startup that provides blockchain analytics focused on NFTs for collectors and traders. The company describes itself as the "Guardian of the NFT ecosystem" and says it is one of the top four AI companies in Munich, Germany. Its core product blends artificial intelligence with blockchain technology to generate predictive analytical insights from complex data sources. bitsCrunch aims to empower organizations with actionable intelligence and to make the NFT ecosystem safer and more reliable. The company plans to use funding to move products into production and to build infrastructure to expand to other blockchains. In September 2021 bitsCrunch raised $750,000 in a seed round.

Participated · Equity · May 2021

Cryption Network is a retail-focused decentralized finance platform offering swap, farm, invest and prediction products designed to avoid heavy network congestion. The project emphasizes a user-friendly experience for retail crypto users. On Monday it completed private funding rounds, raising a total of $1.1 million. The raise attracted both institutional/private capitalists and angel investors. Named backers include Master Ventures, CMS Holdings, GravityX Capital, GenBlock, Ascensive Assets, X21 Digital, AU21, WaterDrip and angel investor Sandeep Nailwal. CEO Tejas Chitnis said the demand from investors illustrates strong confidence and support for the ecosystem.