• OrdinalsBot

  Participated · Seed · Mar 2024

  OrdinalsBot builds infrastructure and developer tools for the Bitcoin Ordinals ecosystem, including an inscription tool, the Scribe on-chain blogging platform, and a premium API for analytics, collection management and marketplace integration. The team launched as the first automated inscription service in the Bitcoin Ordinals space and has expanded into features for collection mints, BRC-20 launches, lazy minting, and complex indexing such as parent-child hierarchies. OrdinalsBot plans to launch a Trio Marketplace to centralize Ordinals access and will ramp up hiring across functions with a focus on BTC developers. The company says the new capital will help reset dynamics and infrastructure within blockchain to bring new opportunities to the Ordinals and BTC ecosystem. Financially, OrdinalsBot completed an oversubscribed $3M+ seed round as a fast follow to a pre-seed raised less than five months earlier, bringing total funding to over $4.5M. The announcement was released from London. OrdinalsBot builds ordinals infrastructure and recently launched a Software Developer Kit (SDK) to help developers integrate ordinals functionality into their projects. The company says the SDK enables companies and individuals to store data on Bitcoin and serves as a building block for Web3. OrdinalsBot was founded in February 2023 by Brian Laughlan and Toby Lewis and is based in the UK. The startup raised more than $1 million in a Seed funding round to improve ordinals infrastructure. Founders stated the funding and investor support will help them become a premier Bitcoin infra company. The company emphasized renewed developer interest in the space as a catalyst for its plans.

• Arkon Energy

  Participated · Equity · Dec 2023

  Arkon Energy acquires distressed data center assets and operates power-dense infrastructure that appeals to bitcoin miners and AI/machine learning clients. Launched in 2021 with a 5-megawatt site in Australia, the company has grown to over 130 megawatts and expanded into the U.S. and Europe. Arkon positions itself as a landlord that owns underlying infrastructure assets, with its U.S. portfolio largely occupied by institutional-grade bitcoin mining companies. The company closed a $110 million private funding round led by Bluesky Capital Management with participation from Kestrel 0x1 and Nural Capital. About $80 million of the proceeds will be used to acquire an additional 200 megawatts across new data centers in Ohio, North Carolina and Texas to increase total megawatts by 130% by mid-2024; Arkon also purchased a 100-megawatt facility in Ohio in June. The remaining $30 million will fund development of an AI cloud service at its Norway data center to serve generative AI and large language model training markets.

• Qredo

  Participated · Series A · Feb 2022

  Qredo operates a Layer 2 protocol that enables instant cross-chain swaps and settlement on supported blockchains while avoiding Layer 1 frictional costs. Its Gen 2.0 multi-party computation (MPC) removes vendor risk and single points of failure tied to centralized custody and private key management. The platform targets institutional investors, enabling secure access to digital liquidity pools and participation in DeFi. Qredo has integrations such as MetaMask Institutional and was chosen as a technology partner in El Salvador. Financially, the company announced an $80 million Series A that values Qredo at $460 million and reported $120 million raised in the prior 12 months. Proceeds are earmarked for future acquisitions, retail product development, and geographic expansion. Qredo provides a blockchain protocol and product suite that enables access to Layer 1 blockchains like Bitcoin and Ethereum over a Layer 2 network. Its technology allows secure participation in cross-chain liquidity pools, collateralized derivatives trading, and cross-chain atomic swaps. Qredo’s version 1 mainnet is live and the network operates 24 nodes across six tier-4 data centers in Tokyo, Hong Kong, Singapore, New York, Chicago and London. The company plans to launch version 2, move toward a decentralized autonomous organization (DAO), and enable validators to earn QRDO governance tokens through a revenue-sharing mechanism. The $11 million seed funding will be used to double the R&D team and hire additional C-suite talent ahead of the version 2 launch. Qredo emphasizes speed, security and compliance to facilitate institutional entry into DeFi.

No current team members are available.