Participated · Equity · Oct 2023

STIX operates an OTC secondaries platform designed to create a trusted, private, and compliant marketplace for pre-launch and illiquid digital assets. The platform emphasizes data-driven price discovery, improved liquidity, and reduced counterparty risk through an auction system and professional marketplace features. STIX plans to launch its online marketplace in Q4 2023 and to release a suite of proprietary risk-management and portfolio-analytics tools. The team, founded in Q2 2023, is drawn from institutions including PIMCO, Morgan Stanley, Franklin Templeton, and Wintermute and has experience providing customised liquidity solutions such as GP-led secondaries and continuation vehicles. Since founding, STIX has been actively involved with many leading digital-asset projects including EigenLayer, Celestia, zkSync, Sui, Scroll, Fuel, LayerZero, and Animoca. The company raised $2.7 million in a recent fundraising round to support product development and market rollout.

Participated · Seed · Jul 2021

DressX builds a library of virtual designer garments, accessories and AR filters that users can layer onto photos and videos for social posts. The company sells individual digital items and plans a subscription model in its upcoming mobile app to let creators use premium AR garments. DressX also plans an NFT marketplace and is developing features to let users wear digital clothes on Zoom and Google Meet next year. It works with over 100 3-D and traditional designers (examples include Paskal and Buffalo London) and returns 12%–30% of each sale to designers, excluding in-house items. The team previously ran a Los Angeles pop-up showroom called More Dash and moved operations online last August. Product examples in the article include a $25 sweatshirt and a $100 interactive couture dress.