Participated · Equity · Feb 2024

Shuffle is a Web3 project that has announced an ERC-20 token called SHFL. The company recently completed a new financing round totaling $2.5 million. Participating investors named in the round include Karatage, Cypher Capital, Sunforge (Robbie and James Ferguson), ODA Capital, Web3 Wizards, UpsideDAO, Parc Capital and Baboon VC. The round also included Mechanism Capital partner Andrew Kang and Backpack's Tristan Yver among other angel investors. Shuffle disclosed key details of the SHFL distribution plan, stating a total supply of 1,000,000,000 SHFL and an initial supply of 71,126,984.56 SHFL. Token generation and an associated airdrop are expected in the first week of March.

Participated · Seed · Jun 2023

Founded in late 2022, Portal Gate is building infrastructure that lets institutions trade on-chain while keeping transaction details private and meeting regulatory requirements. Its first product, privacy pools, obscures wallet-to-wallet linkages and is slated for a mainnet launch in Q3. The company’s core roadmap centers on a decentralized dark pool that will hide order sizes and prices, enabling large, efficient trades without market impact. Portal Gate relies on zero-knowledge-based compliance oracles to provide both off-chain and on-chain permissioning as Web3 regulation evolves. The fresh capital will be used to expand the core team, finalize the privacy-pool rollout, and accelerate dark-pool development. No revenue or user figures were disclosed in the articles.