• ZOTH

  Participated · Seed · Apr 2024

  Zoth is developing what it claims to be the world’s first privacy-first stablecoin neobank, aiming to give both retail and institutional customers a trusted, transparent and compliant way to save, spend and earn in stablecoins. The platform blends institutional-grade security with a neobank-style interface to hide the technical complexity and volatility commonly associated with crypto. Management sees strong demand in emerging markets for borderless, dollar-based accounts and positions Zoth as a bridge between decentralized finance yield opportunities and mainstream banking workflows. Future plans include advancing its product roadmap, deepening compliance capabilities and expanding brand awareness through elements such as its "Zoctopus" mascot. Investor Luca Netz is expected to help craft a retail-ready community strategy, while JLabs Digital intends to leverage Zoth’s rails for a regulated DeFi fund. The recent strategic financing will accelerate product development and go-to-market efforts. No revenue, user or asset figures have been disclosed to date.

• Omega

  Participated · Equity · Feb 2024

  Omega is a Miami, FL–based Web3 infrastructure provider focused on enabling the collateralization of idle bitcoin for yield generation in DeFi. Led by CEO Wes Cowan and COO Eric Ryklin, the company is building decentralized infrastructure to allow Bitcoin holders to utilize the value of Layer 1 Bitcoin for yield. Omega raised $6M in funding to support the development and launch of this infrastructure. The company intends to use the funds to launch the first decentralized infrastructure that enables Bitcoin holders to utilize Layer 1 Bitcoin for yield generation, and expects to launch its public beta within the next 60 days. The funding round included participation from Lightspeed Faction, Borderless Capital, Wormhole Cross-Chain Ecosystem Fund (operated by Borderless Capital), Bankless Ventures, Wave Digital, Blockchain.com, Blockchain Founders Fund, Kronos Ventures, XTBO Humla, Cadenza, Psalion Ventures, AlphaLab Capital, Side Door Ventures, MH Ventures, and others. COO Eric Ryklin described the funding as a testament to the team’s vision and said the company’s focus now turns to delivering the public beta to empower Bitcoin holders and contribute to Bitcoin DeFi.

• Synonym Finance

  Participated · Seed · Jan 2024

  Synonym operates a cross-chain lending protocol focused on providing cross-chain lending services. The project’s core product is lending functionality that spans multiple blockchain networks. On January 25, 2024, Synonym announced it completed a $1.5 million seed financing. The seed round was led by Bordless with participation from Robot Venture, Big Brain Holdings and the Wormhole cross-chain ecosystem fund, among others. The article does not disclose revenue, user metrics, a detailed product roadmap, or additional financial terms.

• NodeKit

  Participated · Seed · Dec 2023

  NodeKit, based in Ames, IA, raised $1.2M in a pre-seed funding round. The round was led by Borderless Capital and included Avalanche’s Blizzard Fund, Polygon Ventures, the Wormhole Cross-Chain Ecosystem Fund, and many angels. The company intends to use the funds to help decentralize rollups empowered by SEQ. NodeKit is developing SEQ, a shared sequencer L1 designed to decentralize rollup transaction sequencing and help rollups capitalize on their advantages with fewer tradeoffs. SEQ orders blocks for multiple rollups and supports atomic inclusion using atomic bundles within the same block, enabling new cross-chain interoperability. The company is led by CEO Noah Pravecek, CTO Nick Preszler, and founding software engineer Ricardo Tavarez.

• Curvance

  Participated · Seed · Dec 2023

  Curvance is a remote provider of a DeFi platform co-founded by Chris Carapola and Michael Butcher. It is developing a DeFi "everything app" focused on lending and borrowing that aggregates liquidity across decentralized exchanges. The platform currently supports Ethereum and Layer 2s including Arbitrum, Optimism, Scroll, Base and Polygon zkEVM, and taps into liquidity from Curve, Balancer, Velodrome, GMX and Pendle. Curvance raised $3.6M in Seed funding. Backers included Offchain Labs, Wormhole, Sandeep Nailwal and core contributors from Scroll, Mantle, Eigenlayer, GMX, Curve Finance, Convex Finance, Balancer, Aura Finance and Pendle Finance. The company intends to use the funds to expand operations, support security audits and hire talent in the DeFi market.

No current team members are available.