Incuba Alpha
801 Villa.Apex, 3-4-5 Kudan-Minami, Chiyoda-ku, Tokyo, 102-0074, Japan
Overview
Incuba Alpha is a crypto fund derived from Japan with focus on early entrepreneurs in Decentralized Finance (Defi), DAO, and Web3.
- Total investments
- 8
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Decentralized Finance (DeFi)
- Web3
Investment portfolio
- OMTrade
Led · Seed · Nov 2023
OMTrade operates a crypto trading platform focused on innovative copy-trading products. Its features include same-batch trading, monthly settlement, and a market-driven profit-sharing structure designed to rebalance user returns. The platform aims to adjust how users capture trading gains through those product mechanics. The article highlights these product innovations as core to OMTrade's offering. OMTrade completed a $6 million seed financing, updating its near-term financial position. No operating metrics or explicit future roadmaps were provided in the article.
- izumi Finance
Participated · Equity · Apr 2023
iZUMi Finance is a multichain DeFi protocol that provides one-step "liquidity-as-a-service," enabling conversion of one asset into another asset or cash. Its product suite includes iZiSwap Pro, an automated market maker-driven order book decentralized exchange available on the zkSync Era network. The company says iZiSwap Pro reduces transaction costs and mitigates custody risks compared with similar products. iZUMi has roughly $25 million in total value locked, per Defi Llama. The recent fundraise is intended to provide early liquidity for iZiSwap Pro. The protocol also issues on-chain financial instruments via partners to structure investor exposures. iZUMi Finance is a multi-chain DeFi protocol that provides Liquidity-as-a-Service (LaaS) and liquidity-mining products such as LiquidBox and the iZiSwap DEX. Its core DEX, iZiSwap, uses a Discretized-Liquidity-AMM (DLAMM) model to discretize price ticks, reduce slippage, enable a limit-order feature, and improve capital efficiency versus traditional AMMs. The protocol also launched iUSD, a U.S. dollar-pegged, 100% collateral-backed bond, and uses Bond Voucher and iUSD sales as fundraising and liquidity tools. As of May 18, iZiSwap had accumulated over $13M TVL and generated over $500k in trading volume within two weeks of its soft launch, and on several BNB Chain pairs it exceeded competitors in liquidity depth. iZUMi has established products and partnerships including a veNFT DAO, a collaboration with HOURAI, and liquidity work with BitDAO, and plans to extend liquidity services to multi-chains with built-in DEX and bridges. Founder Xinshu Dong leads the platform, which promotes Bond Farming to lower impermanent loss for LPs and structures revenue to repay investors first while rewarding market makers, with security involvement from partners like Solv Protocol, EthSign and Cobo Wallet. izumi Finance builds tools to optimize liquidity strategies on Uniswap v3. It designs non-homogenous liquidity incentives and Uniswap V3 LP staking protocols that target specific price ranges to improve incentive distribution and boost liquidity provider earnings. The team says its approach lets projects use Uniswap v3 without requiring extra liquidity and aims to make Uniswap v3 more competitive with Curve in stablecoin trading. izumi introduced a purpose-made C-AMM bridge to link Uniswap v3 to other blockchains and plans to extend service to the multi-chain world. The company is also focused on NFT-centric initiatives for Uniswap and enabling access to emerging "financial NFTs." izumi completed a $2.1 million strategic funding round to advance its liquidity ecosystem.
- KNN3 Network
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.
- SignalPlus
Participated · Series A · Aug 2022
SignalPlus provides institutional-grade infrastructure in the crypto derivatives market, focusing on options trading systems, automated market-making, and structured product solutions. Its services are deeply integrated into mainstream crypto options markets, and the company holds a leading market share in Asia. SignalPlus has been supported from an early stage by HashKey Capital, which led its seed round and made additional follow-on investments prior to this $40 million strategic investment. Following the new investment, SignalPlus and HashKey plan to collaborate on product innovation and global business expansion to grow their institutional services footprint. The company is positioned to leverage the partnership to enhance its strategic competitiveness within the global digital asset derivatives ecosystem. No revenue or user metrics were disclosed in the announcement.
- Matters Lab
Participated · Series A · Jan 2022
Matters Lab builds a Web3 social media and decentralized publishing platform best known for its open-source Matters.news. The company also develops Web3 projects such as Traveloggers (an NFT art project) and is launching The Space, a DAO based on its Harberger Tax protocols. Matters Lab plans to use recent funding to expand partnerships, integrate new technologies, and continue product innovation. Its roadmap emphasizes tokenization to capture value in the network and reward creators and curators. The team cites partnerships with Protocol Labs and Crust Network to bring protocol-level and decentralized storage expertise to the product stack. The company operates across Hong Kong, Taipei and Los Angeles.
Team
Melody Taira
Chief Executive Officer
LinkedIn