Participated · Seed · Nov 2022

Veax is a decentralized exchange (DEX) that offers single-sided liquidity management and integrates traditional finance features with decentralized infrastructure. Built natively on the NEAR blockchain, the platform aims to enable centralized exchange and TradFi users to transition into DeFi by offering familiar TradFi-empowered functionality alongside on-chain liquidity flexibility. The company is led by CEO Mathias Lundoe Nielsen and CPO James Davies. Veax raised $1.2M in pre-seed funding to launch its platform and expand operations and business reach. According to its roadmap, the project plans a v1 Testnet launch in early December, a Mainnet launch by the end of the year, and a public token sale scheduled for Q1 2023. The raise and roadmap position Veax to move from research and testing into public deployment later in the stated timeline.

Participated · Series A · Apr 2022

Caduceus develops a metaverse protocol that combines decentralized rendering, edge computing and extended-reality technology to deliver high-level metaverse experiences. The company is building a suite of developer toolkits and hardware solutions to enable building, financing, and cross-chain portability of 3D worlds and digital assets between metaverses. Its protocol is described as decentralized, fully modular and open-access, with lower transaction costs, high speeds and greater security than other public blockchains. Led by co-founder Tim Bullman, Caduceus intends to use the newly raised funds to expand development of its decentralized rendering and edge cloud computing. The company is based in London and positions its stack to serve developers, creators and users seeking rich metaverse environments.