Led · Seed · Jul 2026

Inference was founded by Sam Hogan Heutmaker, Ibrahim Ahmed and Amarjot Singh and builds technology to distill large, frontier AI models into much smaller, task-specific models through a process called distillation. The company’s product produces models that customers own outright, intended to reduce inference costs compared with using frontier providers. Inference positions its offering as a way for businesses to avoid ongoing dependence on and pricing changes from a handful of frontier AI labs. The team’s mission is to "power the world's inference," and the recent $11.8M Seed aims to scale that effort. Articles emphasize the cost savings and ownership benefits for enterprises but do not disclose revenue or user metrics.

Led · Seed · Jul 2026

Trasia Labs builds a specialized perpetual futures trading platform that is native to the Hyperliquid network and oriented toward Asia-focused trading. The company’s product targets perpetual futures markets and integrates directly with Hyperliquid’s infrastructure. The reported seed financing is intended to support the project’s development and growth within the Hyperliquid ecosystem. Trasia secured $1.75 million in seed funding with Multicoin Capital as the sole institutional backer. The article did not disclose founding year, revenue, user counts, or prior funding rounds.

Led · Series A · May 2026

Founded in 2022 by Alex Fine, Fun develops backend payment infrastructure that enables platforms to move value between crypto tokens and fiat currency without routing users through exchanges or banks. The company integrates with a platform’s engineering team to build deposit and withdrawal rails and uses third-party providers to convert among tokens and currencies. Fun reports it processes more than $18 billion in yearly payments volume and serves over 20 clients, including Polymarket, Lighter, and Aave. The startup has a staff of almost 30 employees and declined to disclose revenue or profitability. Management plans to hire additional staff with proceeds from the Series A and to expand services to non-crypto-native companies as more firms add crypto payments.

Led · Seed · Apr 2026

Exponent operates an onchain yield exchange on Solana that lets users convert variable yield exposures—such as staking or lending returns—into fixed-rate or leveraged positions via an onchain interest rate order book. The company is updating its platform to introduce fully onchain order book functionality and strategy vaults that allow asset managers to package interest-rate strategies for users under predefined governance policies. Exponent has processed over $2 billion in yield volume across more than 35,000 users since launching in late 2024 and generates revenue from fees on issuing derivative positions tied to yield assets and from trading activity. It is onboarding partners and preparing markets across stablecoins, real-world assets, and Solana-denominated products, with early strategy-vault partners including RockawayX, Hastra, OnRe, and Solstice. The startup operates with a 12-person team, plans to allocate part of its recent funding toward security (audits and a bug bounty), and intends to remain focused on building on Solana. The company began fundraising for its seed in May and closed the round in August.

Participated · Seed · Apr 2026

HYFIX is developing a highly integrated system-on-chip that consolidates flight control, high-accuracy positioning, secure wireless communications, and onboard intelligence for drones and robots. The chip is designed for low power use, GPS-degraded or denied environments, and supports open-source ecosystems including ROS 2, ArduPilot, and PX4. It delivers centimeter-level positioning via native integration with the GEODNET Real-Time Kinematic network and emerging LEO satellite systems. HYFIX plans to manufacture its SoC in the United States and deliver production-ready chips to select customers this year. The company is also building a sub-250g reference drone to demonstrate the platform, with shipments planned later in the year. HYFIX emphasizes reshoring critical hard-tech innovation and reducing supply-chain reliance on foreign components.