Participated · Seed · Jul 2026

Sentient develops a decentralized AI infrastructure called GRID that connects more than 100 models, data sources and reasoning agents to enable compositional multi-model responses. Built products include Dobby (a family of open-source LLMs tuned for community-aligned values), Sentient Chat (an agent-aggregation interface) and Open Deep Search, which the team says outperformed closed alternatives on the FRAMES benchmark. The project issues the SENT token for staking, governance, service payments and contributor rewards to coordinate a distributed community of developers, data providers and infrastructure operators. Sentient was founded in January 2024 by Sandeep Nailwal, Pramod Viswanath and Himanshu Tyagi and has secured an $85M seed round plus a $42M grants/investment program for open AGI research, bringing total committed capital above $125M. The team emphasizes keeping advanced models and agents openly available and auditable rather than proprietary. Following a listing of SENT on a major exchange, the token jumped about 20% on July 9, 2026, an event the coverage characterizes as liquidity-driven and highlights execution and adoption risk as key determinants of long-term value.

Participated · Seed · Jun 2026

Ground offers an API that lets financial platforms embed onchain yield products—matching strategies to clients' risk and liquidity preferences—without building their own blockchain integrations. Its platform currently supports crypto-native yield sources including lending protocols and structured products, and plans to add liquid staking tokens; Cuming cited protocols such as Aave, Morpho, Maple, and Kamino across Ethereum, Solana, and Layer 2 networks. Target customers include fintechs, neobanks, wealth managers, exchanges, and asset managers building yield, savings, or investment products. Ground launched from stealth alongside its fundraising and is based in San Francisco. The company plans to monetize via usage-based platform fees and intends to expand its team by two to four hires. Ground was co-founded by Reid Cuming and CTO Sam Yoon; Cuming previously co-founded Superstate and served at Compound Treasury, and the company currently has three full-time employees plus one contractor.

Participated · Equity · Apr 2026

Squads builds financial infrastructure on Solana and operates two primary products: Squads Multisig, the smart account standard, and Altitude, a financial operating system for businesses. Squads Multisig secures over $10 billion in assets across the Solana ecosystem. Altitude provides businesses multi-currency accounts, corporate cards, global payments, APY on balances, and a CFO stack, and since its public launch in December 2025 has processed over $200 million in payments. Altitude holds treasury in stablecoins, settles on stablecoin rails for instant, low-cost transfers, and routes to traditional banking rails through a network of licensed PSPs. The company emphasizes compliance and security with a proprietary compliance engine and layered controls, and plans to use recent funding to expand its team, payment network, and product roadmap. Squads has raised a total of $42.9 million to date.

Participated · Equity · Apr 2026

Paxos Labs grew out of an internal Paxos initiative to simplify how companies integrate with DeFi markets and create branded stablecoins. Its core product is a single software suite that lets developers mint white‑label stablecoins, enable customers to earn interest on holdings, and borrow using tokens as collateral. The spin-off was created to allow the team freedom to experiment with a wider array of crypto assets amid regulatory ambiguity in DeFi. Leadership includes Bhaumik Kotecha as cofounder of Paxos Labs and Chad Cascarilla serving as CEO of both Paxos and Paxos Labs. The company already counts customers such as the neobank Hyperbeat and the developers behind Aleo. Paxos Labs reported it is on pace to break even by the end of the year.

Participated · Seed · Mar 2026

Payy Network operates a vertically integrated stack combining a self-custodial wallet, an Ethereum L2 zero-knowledge rollup (Payy Network), and a Payy Visa card to enable private-by-default stablecoin payments. The company shields sender, receiver, amount and asset details onchain using a native EVM privacy layer and zero-knowledge proofs, and in 2025 launched a Visa non-custodial stablecoin card. Payy’s consumer payments app is used by more than 100,000 users across 120 countries and is processing approximately $130 million in annualized transaction volume. With the seed funding, Payy plans to expand its team and deepen integrations with financial institutions, fintech platforms and enterprises. Founders Sid Gandhi (CEO) and Calum Moore (CTO) are leading the company’s push to bring private stablecoin settlement to broader commercial partners while maintaining settlement speed, interoperability and regulatory auditability.