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The Venture Codex

Zephyrus Capital

Dubai, United Arab Emirates

Overview

Zephyrus Capital focus on incubation and connecting with initiatives, exchanges, and launchpads.

Total investments
6
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Apps
  • Blockchain
  • Finance
  • FinTech
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Investment portfolio

  • 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.

  • XProtocol

    Participated · Seed · Jun 2024

    XProtocol provides a modular, entertainment-powered blockchain leveraging Base’s Superchain technology to support entertainment, gaming, and AI applications. The platform is EVM-compatible to allow migration of Ethereum projects and developer tools. XProtocol operates Xardian Nodes, which are intended to decentralize the network and let node operators earn rewards through the consensus process. The company has protocol partners including Wonderverse and DestinyX to support multichain gaming IP and entertainment-focused portals. XProtocol has planned a mainnet launch in Q3 2024 and earmarked 20% of its token supply for node license holders to be distributed over 36 months after mainnet. The company intends to use recent funds to expand operations and accelerate development and to onboard new platforms, entertainment, and gaming projects later this year.

  • RunesFi

    Participated · Equity · May 2024

    RunesFi is a Bitcoin infrastructure platform that leverages the Runes protocol to enhance DeFi capabilities on Bitcoin. The company is building the first decentralized exchange (DEX) on Runes. It is also developing an "engraver" for creating and distributing new runes and a set of infrastructure products to support the Bitcoin DeFi ecosystem. RunesFi aims to lay the groundwork for large-scale adoption of DeFi on Bitcoin. The article reports the company recently received a $400,000 strategic investment. Participating investors include Cogitent Ventures, Oddiyana Ventures, Lavender Capital, WeeHODL, Zephyrus Capital, and Samurai Starter.

  • Privasea

    Participated · Seed · Mar 2024

    Privasea is a data infrastructure platform powered by DePIN and AI that enables multiple parties to collaborate without revealing sensitive information. The platform leverages Fully Homomorphic Encryption (FHE) to perform computations on encrypted data and uses machine learning to enhance performance over time. Privasea's Testnet is live and can be developed for models such as prediction and an e-mail classifier. OKX Ventures highlighted potential near-term use cases including secure file sharing, privacy-conscious facial recognition, and a streamlined KYC process expected later this year. The company aims to bridge user data with distributed computing power and simplify interactions to stimulate computational power across diverse domains. The announcement did not disclose operating metrics or financial details. Privasea is a DePIN+AI project that integrates FHEML (fully homomorphic encryption machine learning) into a distributed compute crowdsourcing network. It combines that protocol work with a self-developed DePIN miner to create a fungible FHE compute layer. The company describes its goal as forming an FHE compute network that supports all Layer1 and Layer2 chains. Privasea focuses on supplying privacy-preserving distributed compute capacity via its network and hardware. The article reports the company completed a seed financing to advance its product and network build-out. No operating metrics (revenue/users) or founding year are provided in the article.

  • Entangle Protocol

    Participated · Seed · Jan 2024

    Entangle develops a customizable cross-chain interoperability and data infrastructure that provides universal and verifiable data to smart contracts and Entangle-native decentralized applications. Its core product includes a modular blockchain hub for initiating and executing smart contract operations, with the ability for builders to design bespoke systems for processing and executing cross-chain operations. The infrastructure offers customizable consensus mechanisms and configurable off-chain entities for on/off-chain data collection and validation, and is described as designed with institutional needs in mind. Entangle highlights support for a wide array of Web3 applications, including RWA, Metaverse, NFT, DeFi, SocialFi, Gaming, and BRC-20. The company says the product enables integration of customised keeper data aggregation and validation processes and emphasizes a trustless architecture for security. Entangle also references partnerships via its Dapp Liquid Vaults and ongoing integrations with decentralized exchanges, money market and options protocols.

Team

No current team members are available.