Modular
228 Hamilton Avenue 3rd Floor, Palo Alto, CA, 94301, United States
Overview
Modular is a forward-thinking company specializing in artificial intelligence and machine learning solutions. Their platform is designed to simplify the development and deployment of AI models, making it easier for businesses to integrate advanced AI capabilities into their operations. The company focuses on creating modular components that allow developers and organizations to build tailored AI solutions efficiently. This approach enables users to customize and optimize their AI systems according to their specific needs, streamlining workflows and enhancing overall performance. With a commitment to innovation and user-centric design, Modular aims to empower businesses to harness the full potential of AI technology. Their solutions are geared toward improving productivity, fostering collaboration, and driving impactful results across various industries. By providing accessible and flexible AI tools, Modular positions itself as a key player in the evolving landscape of artificial intelligence.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Artificial Intelligence (AI)
- Generative AI
- Machine Learning
- Software
Investment portfolio
- Kinto
Participated · Equity · Nov 2023
Kinto is a modular exchange built on a custom Layer 2 stack with Chain Abstraction technology that combines institutional-grade security with retail accessibility. Its core product is a non-custodial smart wallet and modular exchange offering features such as User-Owned KYC, insured wallets, chain-abstracted swaps and lending markets, and a native Hyperliquid integration for advanced trading. The platform aims to bridge traditional and decentralized finance and to make it easy for users to move on- and off-chain without using centralized exchanges. Kinto currently serves approximately 75,000 verified users and manages about $62 million in total value locked, and the company reports steady revenue streams. Large institutional participation includes a $20 million asset deployment by Brevan Howard Digital’s Abu Dhabi branch. The company is preparing a token launch scheduled for February 18, 2025 as a key milestone in its product rollout. Kinto is a KYC’ed Layer 2 blockchain designed to support modern financial institutions and decentralized protocols with low cost and security. The network aims to meet requirements of both DeFi and traditional finance while protecting user privacy and assets. Kinto’s KYC mechanism encrypts personal information and stores it with a third party, shareable only at user request. The platform insures every app to shield users from untraceable exploits and anonymous scams. It also offers developer incentives intended to make the network attractive for launching new applications. Kinto raised $5M across two rounds to fund team expansion and network development and is led by CEO Ramon Recuero in Orlando, FL.