Participated · Seed · Apr 2024

Moongate develops a modular Web3 engagement layer that records real-world experiences on-chain and powers a decentralized ticketing and membership platform. Its flagship product enables brands to create authenticated, phygital passports to unlock rewards, access, and communities. The company reports an active user base of more than 100,000 and has enterprise customers including Wonderfruit, ComplexCon, and Siam Piwat, plus long-term service contracts with Binance and Avalanche. Moongate plans to expand its platform into adjacent industry segments and add new feature sets, leveraging blockchain and AI. It is running the #MoonFarmer campaign to incentivize user and creator engagement and is rolling out a private beta ahead of a public launch. The team has also received ecosystem grants and support from Arbitrum, Polygon, Avalanche, and BNB Chain.

Participated · Equity · Mar 2024

MANTRA aims to transform private-market assets into tradable digital tokens within the DeFi ecosystem, with real-time data reporting. The company is building a full market infrastructure for tokenized real-world assets (RWA) and plans to leverage regulatory frameworks and local infrastructure in the U.S. and the United Arab Emirates. MANTRA already has a Dubai subsidiary with a full license to operate digital-asset services. The recent strategic partnership with Inveniam and access to the AI capabilities of G42 in the UAE are positioned to accelerate that buildout. The initiative targets an estimated $18.9 trillion RWA opportunity by 2033. Operational metrics are under pressure: MANTRA’s TVL fell from over $4 million in April to under $500,000 in August while its native OM token collapsed more than 90%, erasing over $5 billion of market value. MANTRA Labs is an RWA L1 blockchain project focused on building compliant infrastructure for tokenizing real-world assets. The company provides developer support and tooling to accelerate RWA tokenization on its protocol. MANTRA’s stated goals include expanding RWA tokenization and creating an ecosystem that meets regulatory and compliance needs. The article reports MANTRA completed a financing of $11 million. The raise was described as a strategic investment led by Shorooq Partners. No operating metrics, founding year, or location were provided in the article.

Led · Series A · Mar 2024

Taiko is a two‑year‑old startup (founded March 2022) developing a truly decentralized layer‑2 rollup and web3 infrastructure intended to resist censorship and support decentralized social apps. The team is preparing for a mainnet launch and has allocated $30 million in developer grants to spur ecosystem building. Taiko’s latest testnet has recorded more than 1.1 million wallet addresses and over 13 million total transactions to date, providing early operating metrics. The company has positioned its corporate structure akin to Ethereum’s — combining a public‑good orientation with a commercial entity for hiring and capital — according to founder Daniel Wang. Taiko says it has achieved unicorn status and will use new funding to advance mainnet-readiness and developer adoption. Taiko is described in the article as a zk-rollup project. The company disclosed fundraising that totaled $22 million. That $22M was raised across two investment rounds. The reporting characterizes the backers as “some unclear funds” and highlights a complete absence of Tier‑1 investors. The article interprets the investor mix to suggest Taiko may be less prominent than media coverage implies. No operating metrics, valuations, or detailed sponsor names were provided in the piece.

Participated · Seed · Aug 2022

dWallet Labs builds SingleWallet, an interface to interact with dynamic, decentralized wallets (dWallets) on the Odsy Network. A dWallet is described as a signing mechanism paired to a public key and constrained by dynamic access control that can sign transactions on blockchains using common signing algorithms (e.g., ECDSA, EdDSA). The company positions SingleWallet and dWallets as a secure, programmable, decentralized access layer to all of web3. dWallet Labs is led by Founder and CEO Omer Sadika. The company plans to use the new funding to build protocols and projects on top of the Odsy Network. The Odsy Network was founded by Omer Sadika, David Lachmish, Sean Lee and Yehonatan Cohen Scaly, with a Zug, Switzerland-based Odsy Foundation supporting the wider ecosystem.

Participated · Seed · Jan 2022

SOMA.finance operates a decentralized marketplace for digital assets, compliant digital securities, and NFTs. It is a joint venture between DeFi platform MANTRA DAO and Tritaurian Holdings, owner of FINRA‑licensed broker‑dealer Tritaurian Capital. The platform aims to be a fully compliant decentralized exchange and suite of products for institutional and retail investors, offering built‑in KYC/AML and a permissionless regulated AMM. SOMA.finance plans to enable trading of digital assets of all kinds, including STOs and NFTs, and to support listings under Regulation CF, Regulation D, Regulation S and Regulation A. Led by John Patrick Mullin and Bill Heyn, the company intends to offer its services globally, including in the United States. It recently closed a Seed funding round to finance these efforts.