Dragonfly

Dragonfly is a holding company that focuses on acquiring and developing promising e-commerce brands with significant growth potential. Founded in 2019 and headquartered in Boston, Massachusetts, the company aims to enhance the value of non-generic brands, facilitating their clients' ability to transfer ownership effectively. With a team of experienced professionals who have managed global operations and successful startups, Dragonfly leverages its expertise to help these businesses reach their full potential in the competitive e-commerce landscape.

Chris Dutta

Co-Founder and Head of Consulting

7 past transactions

CreatorOS

Series A in 2022
CreatorOS is a platform designed to facilitate grant awarding to developers, enabling companies to establish small funds that support local talent and encourage investment in new projects. By utilizing a range of screening tools, including analysis of a developer's on-chain history and GitHub activity, CreatorOS ensures that clients can invest in developers with greater efficiency and transparency. Additionally, the platform promotes the creation of engaging, community-driven courses aimed at enhancing course completion rates, drawing inspiration from successful educational models like that of DuoLingo in language learning. Through its innovative approach, CreatorOS connects companies with developers while fostering skill development and project funding in the tech ecosystem.

Shrapnel

Initial Coin Offering in 2022
Shrapnel is a video game development company that focuses on creating moddable extraction shooter games. The company is distinguished by its team, which includes BAFTA and Emmy Award-winning talent, and it utilizes Unreal Engine 5 along with blockchain technology to enhance gameplay. Shrapnel's games are designed to promote competitive play, player creation, and ownership, leveraging the unique utilities that blockchain offers. The company's core game design innovates on competitive game modes, enabling players to earn rewards and actively participate in a digital economy, thereby empowering the gaming community.

Hyperspace

Seed Round in 2022
Hyperspace is a trading platform that provides information and services about Solana NFT and NFT flex. It enables users to explore and trade NFTs aggregated across all marketplaces in a single location. It was established in 2021 and is headquartered in New York, New York.

DeBank

Series A in 2021
DeBank is a cryptocurrency wallet provider that facilitates access to decentralized finance (DeFi) services, enabling users to manage their DeFi assets effectively. The platform supports over 800 DeFi protocols across more than 15 blockchains, including Ethereum and Binance Smart Chain. DeBank allows users to track their entire portfolio, monitor deposits and interest earnings across various DeFi protocols, and perform token swaps for exchanging cryptocurrencies. Additionally, the platform offers tools for comparing interest rates, analyzing risks, and discovering investment opportunities through real-time data. By providing these functionalities, DeBank empowers users to efficiently manage their DeFi investments and make informed financial decisions.

Matter Labs

Series B in 2021
Matter Labs is a blockchain technology company founded in 2018, with its headquarters in Berlin, Germany, and an additional presence in George Town, Cayman Islands. The company focuses on scaling Ethereum through the implementation of zero-knowledge proofs, which facilitate secure interactions between untrusted parties on the network. Matter Labs aims to enhance public blockchain adoption by providing solutions that improve scalability and privacy. Its technology allows decentralized applications to operate more efficiently while ensuring verifiable computation, enabling parties to prove integrity without compromising privacy. The company's mission is driven by a commitment to creating an open and free alternative to existing financial systems.

Save

Seed Round in 2021
Solend is a decentralized finance (DeFi) platform that facilitates borrowing and lending of cryptocurrency, primarily targeting users within the Solana ecosystem. The platform enables individuals to engage in decentralized lending, transforming users into mini-banks who can choose to lend or borrow funds, mainly in stablecoins or Solana's native cryptocurrency. By improving capital efficiency, Solend allows users to earn yields on idle funds and supports a variety of DeFi yield strategies, empowering them to generate interest on their deposits while also accessing borrowed assets. Through its innovative approach, Solend aims to enhance the lending process and broaden the financial opportunities available to its users.

Matter Labs

Series A in 2021
Matter Labs is a blockchain technology company founded in 2018, with its headquarters in Berlin, Germany, and an additional presence in George Town, Cayman Islands. The company focuses on scaling Ethereum through the implementation of zero-knowledge proofs, which facilitate secure interactions between untrusted parties on the network. Matter Labs aims to enhance public blockchain adoption by providing solutions that improve scalability and privacy. Its technology allows decentralized applications to operate more efficiently while ensuring verifiable computation, enabling parties to prove integrity without compromising privacy. The company's mission is driven by a commitment to creating an open and free alternative to existing financial systems.
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