Participated · Series A · Aug 2026

Silicon Data provides pricing indices, performance benchmarks, forward curves and market intelligence for the AI compute economy, aimed at buyers, sellers, exchanges and financial institutions. It has built a portfolio of nine financial-grade indices covering GPUs and LLMs and offers alternative datasets that track supply, demand, utilization, pricing and economics across compute. The company has over 1,000 registered users and counts semiconductor manufacturers, AI model builders and financial institutions among its daily users. SiliconMark, a product funded by the Series A, benchmarks real-world GPU cluster performance to normalize output differences driven by networking, topology and configuration. Silicon Data spent two years building the pricing and performance history needed to support a futures market and is positioned to be the reference layer for cash-settled GPU futures being planned by CME Group. Financially, the company raised a $4.7 million seed in March 2025 and completed a $30.5 million Series A initial closing to fund its next phase of product and market expansion.

Participated · Series A · Aug 2026

Sapiom provides infrastructure to operate AI agents in production, focusing on routing execution across models, compute, tools and services to optimize for cost, quality, latency, reliability and policy. Its product suite includes Sapiom Router for model selection, Sapiom Agent Studio for local development and deployment with codebase context, and Sapiom Runtime for managed execution with access controls, routing, recovery and step-level visibility. The company emphasizes reducing the cost of agent execution and enforcing budgets, permissions, and audit trails at runtime. Since launching six months ago the platform has processed over 270 million transactions and runs more than 100,000 agent executions per day, and customers have reported substantial inference cost savings. Founded in San Francisco in 2025, Sapiom has raised $50 million to date and operates its own inference capacity while expanding its team across engineering, ML, GTM and DevRel.

Led · Seed · Aug 2026

Legion builds a fundraising platform that runs compliant token sales and assigns each user a Legion Score derived from their on-chain history. The Legion Score lets projects prioritize participants based on merit and on-chain contribution rather than transaction speed or bots. The company has run token sales in partnership with exchanges including Kraken and Bybit. Notable sales on the platform include Squid, which reached a $2.2M hard cap with over $26M committed, and Solstice Finance, which raised roughly $362K. The team is led by co-founders Fabrizio and Matty, with Evgeniy leading operations. Legion has raised $7M to date across a $2M seed and a $5M extended seed backed by institutional and crypto industry investors.

Participated · Seed · Jul 2026

Adjacent builds data-driven prediction market indices and independent third-party event contracts. The company recently launched RED and BLUE U.S. election index series. Adjacent plans to expand its index coverage to global elections, finance, economics and other areas. In July 2026 it raised $2.5 million in a Pre-Seed round to fund that expansion. Identified investors in the round include Night Capital, VanEck, UFO Holdings, Maven11 and DCG. The company markets its products via its site at https://adjacent.markets.

Participated · Equity · Jun 2026

Morpho Labs operates a decentralized lending and borrowing protocol that aggregates markets and allows users to create their own on-chain lending markets with bespoke risk parameters. The protocol had about $6.6 billion in assets locked and counts customers and integrators such as Coinbase, Kraken, Anchorage Digital, and Galaxy Digital. Morpho was initially built on top of Aave before evolving into a distinct protocol that seeks to compete with incumbents by offering customizable markets and higher yields. The team includes cofounder Paul Frambot, who launched the project at age 20, alongside Merlin Egalite, Julien Thomas, and Mathis Gontier Delaunay. Morpho has experienced some security exposure tied to a broader exploit that affected Aave but has continued to grow adoption. The company has signaled plans to court traditional financial institutions as it further develops its protocol and market reach.