The Venture Codex

Participated · Equity · Aug 2026

Kapso builds tooling and infrastructure for developers working with messaging channels, with a particular focus implied on WhatsApp. The company reports rapid usage growth—processing more messages in a single recent hour than it did in the entire month of August 2025—and serves more than 28,000 developers. Andrés Matte is the founder and led the recent $1.4M raise; he also noted he closed the round without a deck. The team has expanded beyond a sole founder to include additional employees following the financing. Public disclosures do not include revenue, valuation, or detailed product roadmaps, though the founder indicated plans and shared more background in a linked write-up.

Participated · Seed · Jul 2026

Sentient develops a decentralized AI infrastructure called GRID that connects more than 100 models, data sources and reasoning agents to enable compositional multi-model responses. Built products include Dobby (a family of open-source LLMs tuned for community-aligned values), Sentient Chat (an agent-aggregation interface) and Open Deep Search, which the team says outperformed closed alternatives on the FRAMES benchmark. The project issues the SENT token for staking, governance, service payments and contributor rewards to coordinate a distributed community of developers, data providers and infrastructure operators. Sentient was founded in January 2024 by Sandeep Nailwal, Pramod Viswanath and Himanshu Tyagi and has secured an $85M seed round plus a $42M grants/investment program for open AGI research, bringing total committed capital above $125M. The team emphasizes keeping advanced models and agents openly available and auditable rather than proprietary. Following a listing of SENT on a major exchange, the token jumped about 20% on July 9, 2026, an event the coverage characterizes as liquidity-driven and highlights execution and adoption risk as key determinants of long-term value.

Participated · Seed · Apr 2026

BOND operates as a full-service accounting provider combining contabilidade, fiscal and folha de pagamento with AI to automate operational workflows and augment accountants’ capacity. The company claims its AI can turbocharge accountants by up to 10x on complex tasks and offers features such as rapid dismissal simulations and one-click parceling of Guia do Simples. It targets a sizable underserved segment of Brazilian SMEs that sit between microbusiness offerings and legacy 2000s-era software used by many accounting offices. Coverage names founders Matheus Oliveira and Gabriel Jordão (gabiru) and positions BOND to capture demand from companies with revenues between BRL 3.6M and BRL 50M. The article does not disclose revenue, user metrics, or prior funding rounds.

Participated · Series B · Jan 2026

Superstate builds tokenization technology and digital transfer agent infrastructure to create on-chain investment products intended to improve liquidity, accessibility, and operational efficiency. The company is commercializing a tokenized fund, the Superstate Short Duration US Government Securities Fund (USTB), for which Invesco Advisers, Inc. is expected to become the investment manager in Q2 2026. Superstate has entered a strategic partnership with Invesco that includes an equity investment from Invesco Private Capital as part of its ongoing Series B. Beyond USTB, Superstate and Invesco plan to collaborate on additional tokenized investment offerings. The partnership signals growing institutional interest in Superstate’s technology and aims to scale its role in modernizing capital markets infrastructure.

Participated · Equity · Dec 2025

FlyMedia develops, licenses and manages influencers that are entirely generated by artificial intelligence, treating each character as a scalable intellectual property from day one. Led by NG.Cash co-founder Victor Trindade, the company aims to build deep, enduring narrative universes rather than disposable social-media content. All characters are conceived to launch simultaneously in several languages and formats, positioning FlyMedia as a next-generation media company. The startup views this model as an evolution beyond the creator economy, enabling automated, data-driven operations at global scale. FlyMedia has secured an initial R$20 million capital injection, but no revenue or user metrics have yet been disclosed. Proceeds will fund the development of its first AI influencers, narrative worlds and cross-platform digital brands. Long-time collaborators from NG.Cash, including Mario Augusto (co-founder) and investors Antônio Nakad and Petrus Arruda, are involved in the venture, reinforcing strategic synergies.