Synthetix
23 Hickson Rd, Sydney, New South Wales, 2000, Australia
Overview
Synthetix is a new financial primitive enabling the creation of synthetic assets, offering unique derivatives and exposure to real-world assets on the blockchain. Synthetix powers decentralized perpetual futures, options markets, deal coordination markets, and more. Synthetix was established in 2017 by Kain Warwick in Sydney, New South Wales.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Banking
- Computer
- Cryptocurrency
- Decentralized Finance (DeFi)
- Software
Investment portfolio
- Potion Labs
Participated · Equity · Feb 2022
Potion Labs develops the Potion Protocol, a mathematical risk-management layer that allows DeFi liquidity providers to price options based on the Kelly Criterion and aggregates those curves to deliver optimally priced options to users. The company positions the protocol as an essential tool for managing crypto-asset risk, promising deeper and more reliable liquidity markets. To launch the protocol, Potion Labs is rolling out ‘Potion Unlock,’ an on-chain community game that releases the code into the public domain via an NFT mechanism. Ahead of this release, the team completed a $12 million limited pre-sale of the NFT collection, and a wider public NFT sale is planned. Potion Labs previously secured a $3.2 million round in August 2020 from top-tier DeFi investors. The founders emphasize a community-first approach to building Web3 public goods and plan to continue R&D on new decentralized services. Based in Barcelona, the company aims to set a regulatory and governance template for future protocol decentralizations.
- Fresh Equities
Participated · Equity · Aug 2021
Fresh Equities is a Melbourne-based investment technology startup founded in 2017 by Ben Williamson and Rhys Davis. The company combines proprietary technology and strategies used by large investment houses to help retail investors access opportunities from ASX100 and ASX300 firms as well as small-cap and micro-cap listed stocks. Fresh has enabled over 1,000 transactions and provided companies access to a combined total of $450 million, with its volume increasing 15× in two years. The company plans to use new funding to expand its technological capabilities, introduce features that help small-cap company leaders understand and interact with investors directly, and to establish an underwriting business to underwrite transactions for emerging and growth companies. Following the round, Wisr CEO Anthony Nantes will join Fresh as an adviser to the CEO. Archangel Ventures’ backers described Fresh as bringing "order and ethics to the chaos of listed fundraising in Australia using smart technology."