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The Venture Codex

Spicy Capital

Calle 54, Panama

Overview

Spicy Capital is dedicated to supporting innovative ideas that aim to transform the blockchain sector. They help initiatives from fundraising to success by leveraging our deep experience and industry relationships.

Total investments
6
Lead investments
0
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • OpenPad AI

    Participated · Equity · Dec 2024

    OpenPad AI provides a platform that harnesses decentralized AI analytics combined with blockchain to improve investment decision-making and data management. The product offers personalized investment strategies, project scoring and real-time market insights while enabling users to retain control of their data. The company emphasizes privacy, data ownership and decentralized control as core design principles. OpenPad AI plans to use new funding to expand its AI-powered tools and scale operations. The article does not disclose revenue, users, or other financial metrics beyond the recent fundraise.

  • Stabble

    Participated · Seed · Aug 2024

    stabble is a Solana-based protocol headquartered in Dubai, UAE, that redesigns liquidity pools to improve capital efficiency and reduce impermanent loss and high price impact for traders. Led by CEO Kilian Krings, the protocol introduces protocol-managed and arbitrage pools and enables pool owners to create custom pools with roughly 80% lower liquidity requirements. After a 14-month devnet phase with more than 40,000 active participants, stabble launched its DEX mainnet to provide improved capital efficiency and risk management. The company raised $2.5M in a combined pre-seed, seed, and private funding round and intends to deploy the capital toward product development, marketing, security audits, exchange listings, and enhancing token and protocol liquidity. The product roadmap emphasized security and liquidity improvements tied to the mainnet debut.

  • Astra Nova

    Participated · Equity · Apr 2024

    Astra Nova builds an ecosystem of no-code platforms that enable creators to design and launch blockchain-based entertainment without technical expertise. Its flagship product, TokenPlay AI, is a cloud-hosted launchpad for mini-applications that lets token communities spin up interactive utilities in minutes. Additional live offerings include NovaToon, a Web3 webtoon platform where fans co-create stories via NFTs, and Deviants: Fight Club, a Telegram PvP game that rewards players with the company’s RVV token. Astra Nova also operates BlackPass, an on-chain engagement and loyalty program that has attracted more than 250,000 users to date. Strategic partners such as NEOM, NVIDIA Inception and Alibaba Cloud support the company’s infrastructure. With fresh capital, Astra Nova plans to expand into new markets across the Middle East, Europe and Asia while strengthening regulatory compliance. Financial performance figures were not disclosed in the article, but the company is focused on scaling its user base and product suite with its recent funding.

  • GPU.Net

    Participated · Series A · Apr 2024

    GPU.net builds a decentralized GPU infrastructure marketplace aimed at meeting compute needs for generative AI, Web3/metaverse projects, cryptocurrency mining, and high-end graphics rendering. The platform pools distributed GPU resources to serve emerging compute-intensive applications. In the article GPU.net is reported to have completed a $5.25M Series A financing, following an earlier $500k financing in August of the prior year. Investors in the latest round include a mix of crypto-focused funds and individual backers named in the coverage. The company’s recent financings suggest a focus on expanding its network and capacity to address growing demand for decentralized GPU compute. No specific revenue or user metrics were disclosed in the article. GPU.net provides a decentralized GPU-on-demand infrastructure featuring multi-purpose GPUs and a decentralized architecture. The platform highlights data privacy via FHE and includes protocol-dring among its features. It is positioned to empower workloads such as Generative AI, Web Metaverses, high-end graphics rendering, and cryptocurrency mining. Co-founded by Suraj Chawla and Kirubakaran Reddy, the company aims to evolve into a Generative Processing Unit. Initially it plans to support versatile GPU tasks including 3D, AI, and research. The company raised USD500K to validate the platform’s potential and to accelerate development of infrastructure addressing global GPU resource challenges.

  • OrangeDX

    Participated · Equity · Mar 2024

    OrangeDX is a Majuro, Marshall Islands-based platform that enables users to trade, swap, bridge, and launch BRC20 projects. At its core is a native DEX aggregator designed to provide users with access to trading opportunities across BRC20 tokens. The company also fosters new projects via an Initial Liquidity Offering (ILO) mechanism to simplify access to DeFi while incorporating security measures. OrangeDX raised $1.5M in funding and intends to use the proceeds to expand operations and its development efforts. Backers named in the raise include GBV Capital, Odiyana Ventures, Triple Gem Capital, Nxgen, X21, Spicy Capital, Alphabit Fund, FundLand Capital, and others.

Team

No current team members are available.