The Venture Codex

Participated · Seed · Jun 2024

Glacier Network builds a decentralized data composability protocol designed for large-scale decentralized applications, offering a composable, modular, and scalable Layer2 data-driven network. It combines L2 rollup solutions to create a programmable, multi-chain data network. The project provides a NoSQL GlacierDB that developers can use to manage data on Arweave, Filecoin, and BNB Greenfield. Glacier aims to push DApps to leverage decentralized databases (DDB) to create trustless data primitives and new data-driven use cases. The company recently completed financing that values the project at $100 million. Financially, Glacier announced an $8 million angel and seed financing round. Glacier Network is a decentralized data composable protocol designed to power large-scale decentralized applications with a composable, modular and scalable Layer2 data-driven network. The project promotes DApps to use decentralized databases (DDB) to create trustless data primitive use cases. By combining L2 rollup solutions, Glacier builds a programmable, composable multi-chain data network. Developers can manage data using its NoSQL GlacierDB across Arweave, Filecoin and BNB Greenfield. Glacier Network completed a $2.9 million seed financing. The round included participation from several institutional investors reported in the announcement.

Participated · Equity · Jul 2023

Aether Games is a transmedia studio building a unified Aether world across games, augmented reality, and CGI content. Its core products include Cards of Ethernity (a multichain game on Polygon and Sui) and the upcoming Gates of Ethernity autobattler, alongside an AR mobile app and AI technology. Cards of Ethernity is the #1 TCG on the Sui blockchain and has over 5,000 players in early access/open beta. The company plans to launch Gates of Ethernity in late 2023 and to expand its transmedia offerings, including a CGI series titled "Aether" for major streaming platforms. Aether Games raised $4.5 million in token and equity funding to support development of the Aether world-building project. The team is led by founder and CEO Jens Peeters and includes developers with credits on Hearthstone, Legends of Runeterra, God of War, and Love, Death & Robots.

Participated · Equity · Mar 2022

Deliq Finance is a decentralized liquidity provisioning protocol built on the Avalanche blockchain to enable fast, scalable, low-fee EVM-compatible operations. Its core product is a Liquidity-by-Staking model that aggregates single-sided deposits into Deliq Liquidity Pools (DLPs) and deploys liquidity to exchanges to reduce slippage. Liquidity Providers stake assets into DLPs to earn yields while Liquidity Directors (market makers, DAOs, VCs) stake DLQ to direct aggregated liquidity to exchanges such as Trader Joe and Pangolin. DLQ is the native token (total supply 100 million, minted in phases with decreasing inflation) and is used for staking, directing liquidity, and rewards. The protocol aims to enable protocol-owned liquidity and long-term, cost-efficient liquidity bootstrapping for new DeFi projects. Deliq has announced an upcoming DLQ IDO on Polkastarter and plans to use IDO proceeds to seed liquidity into DLPs.