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The Venture Codex

X Ventures

Monheim, Bayern, 86653, Germany

Overview

X Ventures is an investment firm. Its mission is to ignite the future of education and web3.

Total investments
6
Lead investments
0
Investments · 12mo
2
Active investors
0
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Investment portfolio

  • General Tensor

    Participated · Seed · Mar 2026

    General Tensor is a Toronto-based company advancing decentralized AI infrastructure through a vertically integrated model that both mines and validates on the Bittensor network. The firm is building high-performance Bittensor subnet infrastructure while also operating a growing set of validators. In parallel, it acquires and develops early-stage fintech protocols to broaden its reach within the open-source AI economy. Current plans include scaling a suite of consumer-facing DeFi applications that leverage its network resources. The company’s recent funding will be directed toward expanding validator operations and accelerating technical development. Although specific revenue or user metrics were not disclosed, the firm positions itself at the intersection of AI, blockchain, and DeFi, aiming to capture value across these converging markets.

  • Rhuna

    Participated · Seed · Oct 2025

    Rhuna supplies a programmable, wallet-native layer that unifies checkout, POS, ticketing, access control, loyalty, identity, and real-time stablecoin settlement for the entertainment industry. Its platform acts as a universal entertainment pass, giving operators verifiable, on-chain oversight while delivering users a Web2-smooth experience backed by Web3 security. The company has already supported more than 2 million users across pilot deployments and processed over US$90 million in payment volume. Rhuna’s rails have powered 165+ events and festivals—including the UNTOLD music festival where 450,000 attendees transacted through Rhuna—demonstrating global scalability. Current customers span venues, aquaparks, theme parks, and mobility partners across multiple continents. Fresh capital will bolster its payments and settlement infrastructure, widen POS, ticketing, and mobility integrations, and accelerate the rollout of a consumer app for discovery, access, and wallet-native checkout. Looking ahead, Rhuna plans additional high-profile deployments in Asia, Europe, and North America before year-end, positioning itself as the financial layer for entertainment’s transition to stablecoin-based commerce.

  • assisterr

    Participated · Seed · Aug 2024

    Assisterr provides a Solana-native, no-code platform for creating, deploying, and monetising specialised AI agents, focusing on Small Language Models (SLMs) rather than large general-purpose LLMs. The company argues SLMs are cheaper to run, easier to customise, and better suited for task-specific applications across DeFi, NFTs, and other Web3 use cases. Assisterr is building a decentralised AI (DeAI) economy around an upcoming $ASRR token to reward contributions such as model building, data validation, and successful agent deployments. The platform reports 4.7 million users in under nine months and more than 24,000 live AI agents deployed by its community. Early monetisation tests generated $160,000 in revenue within the first weeks, and several tokenised agents have reached a combined fully diluted valuation of over €70.4 million. The company positions itself as enabling creator-owned AI, shifting control away from centralised APIs and big-tech pricing models toward a Web3 creator economy. Assisterr is a Cambridge, UK-based AI infrastructure startup building a network of community-owned small language models (SLMs). Led by CEO and co-founder Nick Havryliak, the company provides an end-to-end infrastructure and a data provenance protocol for launching and maintaining community-owned SLMs. Since launch it has attracted about 150,000 registered users and has launched more than 60 SLMs curated for Web3 protocols such as Solana, Optimism, 0g.ai, and NEAR. The company plans to use the £1.3M Pre-Seed to accelerate protocol development, form strategic partnerships, and launch an incentive program to grow its model-builder and data-contributor ecosystem. Assisterr was selected for Google’s AI Startups program, securing $350k to support GPU, CPU, and cloud infrastructure needs. Backers include a mix of venture firms and angels, and the funds aim to strengthen Assisterr’s infrastructure and ecosystem growth.

  • Open Social

    Participated · Equity · Jul 2024

    OpenSocial Protocol provides open-source, modular social infrastructure and tooling (feed, chatrooms, posts, on-chain social graphs, tribes, megaphones and plug-ins such as token issuance, DAO tools, bounties and mini-games) to let creators and communities compose apps quickly and economically. The stack supports both on-chain and off-chain features and emphasizes true ownership of intellectual property, community relationships, and aligned monetization. The project is built by Everest Ventures Group and aims to deploy its infrastructure across major chains while offering a customizable UI layer for creators, moderators, and users. Early product traction includes SoMon, the first app on the protocol, which reached over 30,000 onchain active users in two weeks, ~20 minutes average engagement, and over 300,000 onchain transactions (excluding spam bots). EVG has deployed ~80 developers to develop the infrastructure and OpenSocial aims to help empower and launch 1,000 community apps by 2025. Financially, OpenSocial has raised a total of $26 million to date (a prior $5 million seed round plus $15 million in ecosystem funds, and the new $6 million strategic backing). OpenSocial Protocol is a composable infrastructure layer for building social applications that enables developers and creators to build multichain SocialFi dApps. It provides UI-layer composabilities, ownership of intellectual property and relationships, and monetisation and financial incentives for communities. The protocol has launched its first dApp, SoMon, a decentralized topic-based forum owned by users and communities with degen mechanics and sustainable rewards. Everest Ventures Group (EVG) founded OpenSocial and has set aside a $15M ecosystem fund to support developer adoption; there are 50 additional developers building dApps on OpenSocial outside of EVG. The company says it will use the new funding to expand operations and development efforts. OpenSocial aims to improve community dApps through composable infrastructure and UI-layer building blocks.

  • Usual Labs

    Participated · Equity · Apr 2024

    Usual issues USD0, a community-focused, yield-bearing stablecoin launched out of stealth in early 2024. USD0 is backed 1:1 by real-world assets—primarily U.S. Treasurys—and the protocol is governed by the USUAL token. The protocol is designed to distribute real yields generated by its reserve holdings to holders, and it projects an 80% annualized yield. Users can stake USD0 for up to four years to earn rewards paid in USUAL. USD0 crossed a $1 billion market capitalization and was approaching $1.5 billion, making it the seventh-largest stablecoin by market cap and the sixth most-traded by volume, per CoinGecko. Usual recently inked a deal with onchain stablecoin infrastructure firm M^0 to help expand its backing assets, and its founder and CEO Pierre Person is a former vice president of the presidential political party that spearheaded France’s crypto asset legislation and an ex-member of the French Parliament. Usual Labs is developing Usual, an innovative protocol that bridges traditional finance and decentralized finance via the USD0 stablecoin. The project includes a Liquid Deposit Token (LDT) designed to establish the offering as a DeFi-native stablecoin. The company has committed $75M in Total Value Locked (TVL) to ensure the protocol’s timely launch. Usual Labs raised $7M in funding to support its next steps. The funds will be used to prepare for the pre-launch of the USD0 stablecoin on the Ethereum mainnet in Q2 2024. The company was founded in 2022 in Paris by CEO Pierre Person, Design Executive Officer Adli Takkal Bataille, and COO Hugo Sallé de Chou.

Team

No current team members are available.