• Arcium

  Participated · Equity · May 2024

  Arcium builds a parallelized confidential computing network that enables computation on encrypted data using Multiparty Computation Execution Environments (MXEs). Its MXEs combine MPC, homomorphic encryption, zero-knowledge proofs and other techniques to provide verifiable, trustless encrypted computation. The company plans a two-phase road to mainnet: a Private Incentivized Testnet followed by a Public Testnet to validate network performance and scalability. Arcium aims to deliver a customizable encrypted state for on-chain applications to overcome blockchain confidentiality limitations. The startup intends to use the new funding to expand its development efforts. Co-founders are Yannik Schrade, Julian Deschler, Nicolas Schapeler and Lukas Steiner; the company is based in Bern, Switzerland.

• Stride Labs

  Participated · Seed · Aug 2022

  StrideCosmos is a liquid staking protocol that provides liquid staking support services for the Cosmos Hub. Its core product issues stATOM tokens to participants who can use them across the Cosmos ecosystem or sell them immediately to obtain liquidity. The protocol enables users to maintain staking exposure while preserving token liquidity. The company announced it completed a $4 million strategic financing. The round was disclosed in a statement on X. No operating metrics or additional financial details were provided in the article. Stride is the first feature-complete liquid staking zone in the Cosmos ecosystem, offering a multichain liquid staking protocol and a vertically integrated app UX that enables staking across IBC-compatible blockchains. Users who stake with Stride receive stTokens that earn auto-compounding staking rewards and can be used in DeFi or sold for instant liquidity. The protocol currently supports Cosmos Hub (stATOM) and plans to add a wide slate of IBC-compatible assets by year-end, including Juno (stJUNO), Secret (stSCRT), Osmosis (stOSMO), Kava (stKAVA) and others. Stride emphasizes safety and security, is audited by Certik and Oak Security, already offers redemptions to mitigate liquid-staking depeg risk, and plans additional measures such as rate-limiting. Founded in March 2022 and led by Vishal Talasani, Riley Edmunds, and Aidan Salzmann, the team is working closely with top validators and pursuing integrations with Cosmos DeFi platforms. The company raised US$6.7M in seed funding and will use proceeds to recruit technical and non-technical talent, enhance product offerings, and grow both the Stride and Cosmos ecosystems.

• Vybe Network

  Participated · Series A · Jun 2022

  Vybe Network provides data infrastructure that enables live and historical on-chain data to be queried and analyzed for the Solana ecosystem. The company supports teams building DeFi and Web3 dApps by supplying permissionless, transparent data and tools for extracting meaningful insights and metrics. Led by CEO Arun Dass, Vybe helps build user-friendly and accessible applications that allow anyone to access and benefit from on-chain data. The company says it will use the new funding to decentralize data access and storage so any user can participate, monetize, and share their data. Vybe aims to power innovative dApps and provide insights into favored Solana protocols. It raised $10.5M in a Series A to advance these goals.

• Web3Auth

  Participated · Series A · Jan 2022

  Web3Auth builds non-custodial key management and authentication infrastructure for web3 applications and wallets, enabling password-less auth and OAuth logins (Google, Twitter, Discord, Reddit) to simplify blockchain onboarding. It is powered by the open-source Torus Network and aims to eliminate seed phrases by leveraging social accounts and devices users already own. The company supports familiar login flows while still allowing advanced users to connect traditional wallets or key management systems. Web3Auth plans to use new funding to accelerate expansion into decentralized gaming, NFTs and social applications and to increase headcount. Financially, it closed a $13M Series A and has raised $15M total since its 2019 inception. Operatively, more than 300 apps and wallets had selected Web3Auth in 2021 to secure over four million users' private keys, and its user base grew 30x year-over-year.

No current team members are available.