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The Venture Codex

Lemniscap

Fifth Floor, Zephyr House, 122 Mary Street, George Town, Midland, KY1-1206, Cayman Islands

Overview

Lemniscap is an early stage investment firm specializing in investments in emerging crypto assets.

Total investments
58
Lead investments
31
Investments · 12mo
3
Active investors
4

Sector focus

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Hedge Funds
  • Venture Capital
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Investment portfolio

  • Remix

    Participated · Seed · Nov 2025

    Remix began life as an internal AI tool for building a Mario-Party-style game but quickly evolved into a full-fledged platform that marries lightweight, prompt-based game creation with TikTok-style game discovery. Creators can generate titles via text prompts or remix and combine elements from existing games, allowing new games to be spun up in minutes with little to no manual coding. Since launch, more than 570,000 players have tried over 800 live games, racking up 17 million total plays. The product is already live on Telegram (using TON) and the EVM-powered World app, with an upcoming debut on Coinbase’s new wallet expected. Monetization will come from ads, in-app purchases, and paid boosts for creator visibility, while a broader on-chain monetization toolkit is slated for release in the coming weeks. To date the company has raised $6.75 million in venture funding, including the newly announced seed round.

  • Flying Tulip

    Participated · Seed · Sep 2025

    Flying Tulip’s core product is ftUSD, a delta-neutral stablecoin designed to maintain stability through on-chain mechanisms that let holders redeem tokens for their original contribution (e.g., ETH) at any time. All Flying Tulip (FT) tokens are sold at $0.10 with a capped fully-diluted valuation of $1 billion, and the token structure includes a perpetual put that enables continuous liquidity for investors. The project has attracted significant demand, garnering soft commitments of roughly $1.6 billion even though it expects to accept only about $400 million in upcoming whitelist rounds. In October, Flying Tulip closed a $200 million seed round, and its recent raises have lifted total funding to $225 million. The team has already collected $25.5 million in a Series A token round and $50 million through Impossible Finance’s Curated platform, and it has earmarked another $200 million allocation for an upcoming CoinList sale. Management plans additional whitelist rounds to reach a combined $1 billion target raise. With billions of dollars of interest already logged on Impossible Finance and CoinList, the fundraising is likely to be oversubscribed, underscoring strong market appetite for the ftUSD model.

  • Senpi

    Led · Seed · Sep 2025

    Senpi is an AI-driven wallet service that acts as a personal trading partner for crypto investors. The platform delivers automated trading with customizable profit targets and stop-losses, scam protection, and talking smart notifications backed by AI dashboards that surface actionable insights. Social trading, referral rewards, and easy-to-digest analysis create a "co-pilot" experience aimed at reducing the stress of digital-asset management. Since launching on Base only four months ago, Senpi has executed more than 250,000 AI auto-trades with a reported 45% win rate—three times higher than typical exchanges. Over 200 traders have already achieved 1,000%+ gains, qualifying for the "Senpi 1000% Club." Future product plans include expanding across iOS, Android, web, mini-apps, and SDKs, introducing multi-chain support, and advancing toward fully autonomous trading and portfolio management. The recent seed financing positions the company to accelerate these initiatives and sustain its rapid growth trajectory.

  • Dexari

    Led · Seed · Jun 2025

    Dexari provides a decentralized mobile trading app that enables users to trade cryptocurrencies while maintaining control of their assets. Its mobile platform routes all order flow exclusively through Hyperliquid to ensure a decentralized, non-custodial experience. The company plans to use the seed proceeds to expand engineering capabilities, accelerate product development and execute go-to-market strategies. The funding round valued the company at $22.5M. The article does not disclose operating metrics such as revenue or users.

  • DeCharge

    Led · Seed · Mar 2025

    DeCharge operates a decentralized, AI-powered energy network for EVs, fleets, and autonomous mobility, combining smart hardware, intelligent software, and scalable energy infrastructure. Its ecosystem includes high-speed DC chargers (VoltBox) for highways and community-driven deployments in urban hubs. The company uses H3 Spatial Indexing to target deployments in underserved regions. DeCharge plans to launch a fully tokenized DeCharge Energy Marketplace to enable participation by EV owners, businesses, and grid operators. It will scale tokenized incentives for charger hosts, fleet operators, and EV users to drive adoption. The company recently raised seed funding to support these product launches and geographic expansion.

Team