Participated · Seed · Sep 2024

Cudis makes a smart health ring that combines continuous biometric tracking with an AI-powered health coach and a blockchain-based rewards network. The ring connects to OpenAI’s ChatGPT and selected personal trainers to deliver personalized recommendations through its app, and its biometric dashboard tracks sleep, activity, heart rate, calories burned and more. It uses the Solana blockchain to gamify health goals, issuing points that can be redeemed for exclusive rewards as users meet achievements. The product initially launched in April 2024 and the company has pre-sold 6,000 rings across more than 50 countries and built a community of 50,000 members. Cudis plans to scale into larger markets, improve its AI coach, strengthen gamification options and developer tools, and aims to deliver over 1 million rings in the next 18 months. The company recently raised funding to support those efforts.

Participated · Equity · Nov 2023

Kinto is a modular exchange built on a custom Layer 2 stack with Chain Abstraction technology that combines institutional-grade security with retail accessibility. Its core product is a non-custodial smart wallet and modular exchange offering features such as User-Owned KYC, insured wallets, chain-abstracted swaps and lending markets, and a native Hyperliquid integration for advanced trading. The platform aims to bridge traditional and decentralized finance and to make it easy for users to move on- and off-chain without using centralized exchanges. Kinto currently serves approximately 75,000 verified users and manages about $62 million in total value locked, and the company reports steady revenue streams. Large institutional participation includes a $20 million asset deployment by Brevan Howard Digital’s Abu Dhabi branch. The company is preparing a token launch scheduled for February 18, 2025 as a key milestone in its product rollout. Kinto is a KYC’ed Layer 2 blockchain designed to support modern financial institutions and decentralized protocols with low cost and security. The network aims to meet requirements of both DeFi and traditional finance while protecting user privacy and assets. Kinto’s KYC mechanism encrypts personal information and stores it with a third party, shareable only at user request. The platform insures every app to shield users from untraceable exploits and anonymous scams. It also offers developer incentives intended to make the network attractive for launching new applications. Kinto raised $5M across two rounds to fund team expansion and network development and is led by CEO Ramon Recuero in Orlando, FL.

Participated · Equity · Sep 2021

Genesis Digital Assets operates industrial-scale Bitcoin mining data centers and has built extensive mining infrastructure since 2013. As of September 2021 the company reported over 170 megawatts of capacity and a hashrate exceeding 3.3 EH/s (more than 2.4% of the global total). Another 8.6 EH/s was expected to come online over the following 12 months, and the company targets over 1.4 gigawatts of capacity by the end of 2023. Founders and the team have built over 20 industrial-scale mining farms, brought over 300,000 miners online, and mined over $1 billion in Bitcoin. Genesis plans to expand operations in the US and the Nordics, prioritizing locations with accessible clean energy to scale efficiently. The company raised strategic capital to fund that expansion and to accelerate deployment toward its 1.4 GW goal. Genesis Digital Assets operates industrial-scale bitcoin mining farms and data centers. Its core activity is large-scale bitcoin mining; the company has brought over 300,000 miners online and mined more than $1 billion in bitcoin. As of July 2021 its data center capacity exceeds 150 megawatts, yielding a hashrate above 2.6 EH/s (about 2.6% of the global Bitcoin mining hashrate). The company plans to add another 5.5 EH/s in the next 12 months and expects to reach over 1 gigawatt of capacity by the end of 2023. Founded by Marco Streng, Marco Krohn and three former mining executives, Genesis has built over 20 industrial-scale mining farms since 2013. Financially, it recently raised equity to fund equipment purchases and build new data centers in the United States and the Nordic region.