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The Venture Codex

M31 Capital

Unit 4305, HKRI Centre 1, HKRI Taikoo Hui, No.288 Shimen First Road, Shanghai, China

Overview

M31 Capital is a private equity investment firm that invests in public and private sector real estate markets.

Total investments
6
Lead investments
3
Investments · 12mo
2
Active investors
1
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Investment portfolio

  • Huddle01

    Participated · Equity · Feb 2026

    Huddle01 is building a decentralized real-time communications network (dRTC) on Arbitrum Orbit with Caldera integration, targeted at gaming, social apps, AI, metaverses, and general video conferencing. Its product suite includes Huddle01 Meet for video calls, Huddle Cloud for low-cost real-time infrastructure, Farhouse for spaces and streams, and HuddlePad, a token-launch platform that uses Uniswap’s Continuous Clearing Auction (CCA) mechanism. The testnet has processed more than 3.3 million transactions, logged over 1.2 billion meeting minutes, attracted 170,000–204,000 active users, and driven 100,000+ mobile app downloads. In production, the network has delivered 840+ million minutes of service and supports thousands of community-run nodes. Huddle01 plans to launch its mainnet and conduct a Token Generation Event (TGE) for its native $HUDL token in Q1 2026, allocating 21% of the TGE supply to node operators. A current public sale is offering 10% of the 200 million-token supply via CCA at a floor price of 0.1 USDC, with a five-day auction window. The company recently strengthened its balance sheet with a $6.6 million capital infusion from prominent crypto investors and angels.

  • HeyElsa

    Led · Seed · Nov 2025

    HeyElsa is developing a mobile and web application that acts as a conversational assistant for on-chain crypto activities. Using natural language and voice inputs, the platform enables users to trade tokens, bridge assets across chains, stake holdings, and execute more complex strategies without switching tabs or interacting directly with traditional wallets or protocols. The goal is to simplify blockchain interactions for both novice and experienced users by abstracting technical steps behind an AI interface. The company recently secured $3 million in early financing, giving it capital to continue product development and expand functionality. While no user or revenue metrics were disclosed, the funding underscores investor confidence in AI-driven tools for decentralized finance. Future plans, implied by the raise, include building out the product experience and enlarging the supported on-chain actions.

  • Anzen

    Participated · Seed · May 2024

    Anzen Finance issues USDz, a stablecoin collateralized by cash-flowing real-world assets (RWA). USDz is already live on Ethereum and the Layer 2 network Base. The token is designed to be used across other DeFi protocols. The company says it will use new funding to expand USDz support for additional blockchains and protocols. Anzen Finance completed a $4 million seed financing to support that expansion. No other operating metrics or financial details were provided in the article.

  • Blockless

    Led · Seed · May 2024

    Blockless is a project that focuses on providing computing capacity support through a decentralized physical infrastructure network (DePIN). The company positions itself within the DePIN space to enable distributed compute resources. On May 21, 2024, Blockless announced an $8 million seed financing. The round was led by NGC Ventures, M31 Capital and Frachtis. Additional participants included No Limit Holdings, MH Ventures, Interop Ventures and Plassa Capital. The article does not disclose revenue, user metrics, valuation, or detailed future product plans.

  • Eoitek

    Led · Series C · Jun 2021

    EOITEK is a Chinese startup that develops big data and artificial intelligence-based products to help clients enforce IT operations. The company's core offerings combine big data and AI to support IT operations management and enforcement. According to the article, EOITEK secured $60 million in a Series C round of financing. The Series C was led by blockchain-focused investment firm M31 Capital. The article does not provide additional operating metrics, past funding rounds, or detailed financial terms. EOITEK builds intelligent operations (ITOM/AIOps) products for enterprise IT management and has secured lighthouse customers across key industries. The company says it will use new funding to expand market scale and accelerate commercial deployment. Founding and leadership draw on deep IT operations experience: CEO Yang Chen previously led BMC's South China business and held roles at HP, Mercury and CA; CTO Ge Xiaobo has over 18 years of IT experience. EOITEK was incorporated in Shanghai in December 2014 and its core team reports more than 15 years of traditional IT operations experience. The company has previously completed multiple funding rounds from investors including Yuanjing Capital and Atom Venture.

Team