Hypersphere Ventures

Hypersphere Ventures is a venture capital firm founded in 2019 and headquartered in Miami Beach, Florida. The firm focuses on investing in and developing blockchain technology, specifically targeting seed-stage, early-stage, and later-stage companies within the digital, cryptocurrency, and blockchain sectors. Hypersphere Ventures employs a unique approach by leveraging on-chain treasuries, decentralized organizations, and governance principles to enhance the functionality and utility of the blockchain networks it supports.

Amelia Cai

Investment Partner

Robert Habermeier

Co-Founder and Managing Partner

Jack Platts

Co-Founder and Managing Partner

J.T. McGrath

Partner and COO

81 past transactions

Camp Network

Series A in 2025
Camp Network is a purpose-built Layer 1 blockchain to power AI agents.

Fragmetric

Seed Round in 2025
Fragmetric is a native liquid restaking mechanism for Solana that improve the Solana ecosystem's security and economic potential.

Fragmetric

Seed Round in 2025
Fragmetric is a native liquid restaking mechanism for Solana that improve the Solana ecosystem's security and economic potential.

Mevvy Network

Seed Round in 2025
Mevvy Network enables seamless MEV on any chain, reducing the barrier of entry for searchers.

SOON

Initial Coin Offering in 2025
SOON is building the highest throughput stack that allows for any SVM L2 to be deployed on any L1. The company specializes in creating networking solutions tailored for blockchain technology and decentralized applications. Its tools provide a communication framework, secure data exchange, and scalable infrastructure, empowering developers and businesses within the blockchain sector to construct and oversee networks with enhanced privacy, security, and operational efficiency.

Superform Labs

Venture Round in 2024
Superform is a non-custodial yield marketplace. The protocol enables access to Erc-4626 vaults using any Evmchain.

Kernel

Venture Round in 2024
Kernel is leading the way in restaking on the BNB Chain, which is intended to speed up innovation and ecosystem expansion while offering decentralized shared security.

Puffpaw

Seed Round in 2024
PuffPaw is an e-cigarette maker that uses blockchain technology to track its consumers' smoking behavior.

Enso Finance

Seed Round in 2024
The world's first intent engine powering the intent-centric future. A layer-1 tendermint-based blockchain, storing state from EVM, SVM, and MVM chains to enable execution on all blockchain frameworks.

Irys

Seed Round in 2024
The world's first programmable datachain, where data doesn't just exist; it becomes active, fluid, valuable across applications. And it's this evolution—from passive to programmable—that marks the true primitive.

StripChain

Venture Round in 2024
Stripchain is an intent-based interoperability standard that enables chain abstraction.

Kelp DAO

Seed Round in 2024
Kelp DAO is intended to provide liquidity to illiquid assets put on restaking platforms such as EigenLayer.

Intensity Labs

Seed Round in 2024
Intensity Labs pioneers Shogun, a breakthrough DeFi protocol based on purpose. Shogun enables users to traverse decentralized finance with purpose-driven interactions, resulting in a dynamic financial ecosystem.

ChainML

Seed Round in 2024
ChainML has developed Council, an open-source platform for rapidly developing customized generative AI applications using collaborating ‘agents’. The platform enables the robust deployment and monitoring of generative AI models ensuring they can be operated with confidence and accuracy. ChainML works with clients on ideation, education, adoption, and implementation; from an AI product idea to a scalable, affordable, and Web3 enabled deployment.

Berachain

Series B in 2024
Berachain is a blockchain development company focused on creating an Ethereum-compatible platform designed for financial applications. Its innovative technology allows for the use of staked assets within decentralized finance (DeFi) protocols, enhancing on-chain liquidity and capital efficiency. The company employs a proof of liquidity consensus mechanism to ensure sybil resistance, which fosters alignment of network incentives between validators and various projects within its ecosystem. By leveraging staked assets like staked ether, Berachain enables these locked assets to support the network's security while simultaneously facilitating their use in DeFi applications. This approach aims to provide clients with robust blockchain services that promote quality and efficiency in financial transactions.

Tanssi Network

Seed Round in 2024
Tanssi is an app chain infrastructure protocol that simplifies app chain deployment, making it secure, efficient, and easy while eliminating the lengthy and complex process of traditional blockchain implementation.

Cube3.ai

Seed Round in 2023
Cube3.ai is a blockchain security company focused on enhancing the safety of web3 environments. It has developed a security platform that leverages machine learning to provide real-time protection for smart contracts and blockchains. The platform is designed to inspect, monitor, and mitigate security risks, thereby safeguarding users against cyber exploits, fraud, and compliance issues. By addressing these challenges, Cube3.ai aims to create a more secure web3 ecosystem for businesses and communities.

Tanssi Network

Seed Round in 2023
Tanssi is an app chain infrastructure protocol that simplifies app chain deployment, making it secure, efficient, and easy while eliminating the lengthy and complex process of traditional blockchain implementation.

Sei Labs

Series A in 2023
Sei Labs is the layer 1 blockchain uniquely optimized for DeFi.

Few and Far

Venture Round in 2023
Few and Far is a next-generation platform focused on enhancing experiences in the Web3 ecosystem, encompassing NFTs, decentralized finance, and gaming. The company provides a comprehensive suite of services designed to support NFT projects, including launchpad services, minting tools, and outbound marketing strategies. By facilitating liquidity and enabling creators to earn, Few and Far positions itself as a valuable partner for developers and artists in the NFT space. The platform's advanced technology underpins a decentralized marketplace for digital collectibles, fostering creativity and community engagement while integrating critical applications for gaming and decentralized finance. Overall, Few and Far serves as a one-stop destination for trading, tooling, identity, and rewards within the evolving landscape of Web3 and NFTs.

Light Protocol

Seed Round in 2022
Light Protocol is a company that specializes in enhancing the privacy of cryptocurrency transactions. It offers a platform designed for developers to integrate private transaction capabilities into decentralized applications (dApps) built on the Solana blockchain. By enabling users to deposit cryptocurrencies into Light Cash pools and withdraw funds using a new address, Light Protocol facilitates secure and anonymous transactions. The company's technology aims to protect sensitive user data, making it easier for cryptocurrencies to gain mainstream acceptance.

Tapio Protocol

Seed Round in 2022
Tapio Protocol is a synthetic asset protocol that unifies different formats of staking and crowdloan derivatives into an efficient standard. Tapio is powered by the Stable Asset system, which enables efficient trading while minimizing risk by utilizing uniform, closely pegged assets with stable swaps and stable asset capabilities.

Sei Labs

Seed Round in 2022
Sei Labs is the layer 1 blockchain uniquely optimized for DeFi.

Dynamic Labs

Seed Round in 2022
Dynamic is multi-chain wallet-based authentication and authorization platform.

Azuro

Seed Round in 2022
Azuro is a decentralized autonomous organization committed to democratizing and innovating in predictions. The platform allows developers to launch prediction apps in minutes and engage users with new monetization opportunities. Azuro utilizes smart contracts to create a decentralized prediction protocol, ensuring complete transparency in the prediction process and providing a classic experience with numerous markets, ample liquidity, and innovations like collectible predictions and gamification through NFTs.

Streamflow

Venture Round in 2022
StreamFlow is an information technology firm that specializes in a token distribution platform designed to facilitate the management of financial transactions, including payroll. The platform provides a foundational tool for various payment-related solutions, encompassing vesting contracts, fundraising, and donations. By offering a comprehensive suite of services for Web3 token operations, StreamFlow enables organizations to efficiently track, manage, and transfer their digital assets in a safe and secure manner.

Hexagon Wireless

Seed Round in 2022
Hexagon Wireless is a provider of decentralized wireless technology, focusing on developing innovative solutions within the decentralized wireless (DeWi) sector. The company's technology introduces a novel approach to constructing and maintaining wireless networks, aiming to democratize the ownership and accessibility of spectrum and internet connectivity. By enabling users to purchase and deploy hardware that facilitates wireless coverage, Hexagon Wireless empowers individuals and communities to establish their own network infrastructure, fostering greater connectivity and accessibility in various environments.

Irys

Seed Round in 2022
The world's first programmable datachain, where data doesn't just exist; it becomes active, fluid, valuable across applications. And it's this evolution—from passive to programmable—that marks the true primitive.

Bastion

Series A in 2022
Bastion is a lending and exchange protocol built on Aurora, the Ethereum-compatible layer of the Near blockchain. Bastion builds an autonomous interest-rate engine with high-quality capital efficiency, quick transactions, low transaction fees, accurate liquidations, and leverages NEAR's underlying UX benefits. Users can deposit assets into the Bastion liquidity pool, and the protocol will generate collateral tokens. These cTokens earn interest based on the underlying asset value and can be used as loan collateral in the future.

Yomi Games

Seed Round in 2022
Yomi Games is a blockchain gaming studio developing social Play-and-Earn video games targeted at casual audiences.

Skry

Pre Seed Round in 2022
Skry provides data and insights on digital collectibles

Phi Labs

Seed Round in 2022
Phi Labs is a contributor to the Archway protocol that rewards blockchain developers.

Gensyn

Seed Round in 2022
Gensyn is a company that has developed a machine learning computing protocol designed to create a global supercluster of computing resources. This protocol connects various machine learning-capable hardware, including GPUs and CPUs, making them accessible to engineers, researchers, and academics worldwide. By uniting these computing resources, Gensyn enables users to perform deep learning tasks efficiently and securely. The company’s technology also addresses data privacy concerns by allowing confidential queries to be answered using artificial intelligence without relocating sensitive data, thus ensuring compliance with regulatory requirements. Through its innovative approach, Gensyn aims to facilitate advanced data analysis and foster collaboration in the field of machine learning.

Moonwell

Seed Round in 2022
Moonwell is an open lending and borrowing decentralized finance (DeFi) protocol operating on the Moonbeam and Moonriver blockchain networks. The company provides a digital financing platform that enables users to engage in peer-to-peer lending and borrowing without the burden of monthly payments or additional fees. Focused on security, Moonwell offers a variety of funding options, catering to the needs of individuals seeking flexible financial solutions within a decentralized framework.

Subspace Labs

Funding Round in 2022
Subspace Labs is a distributed research and development company behind the Subspace Network. While based in Palo Alto, CA, we are a global, remote-first team of protocol hackers and cryptocurrency enthusiasts. The Subspace Network is a layer zero protocol that is fully interoperable with any layer one, allowing it to serve as an infrastructure layer for the entire Web3 ecosystem. Based on years of original R&D, Subspace is the first protocol to truly resolve the blockchain trilemma, providing an open, scalable platform for both storage and compute. Subspace currently supports Polkadot and Kusama, with more networks coming soon.

ar.io

Seed Round in 2022
ArDrive is a company that provides permanent, secure data storage solutions for individuals and businesses. Founded in 2020 by Phil Mataras, the company offers a platform that enables users to store documents, photos, and videos in a decentralized network, ensuring true data ownership and permanence. With a focus on safeguarding information for the long term, ArDrive allows clients to access their data anytime without the risk of loss. The service operates on a one-time fee model, making it an accessible option for those seeking reliable archival solutions. By combining innovative technology with a commitment to data security, ArDrive aims to revolutionize the way users manage and preserve their digital assets.

Bware Labs

Series A in 2022
Bware Labs is focused on addressing the challenges of Web3 and promoting its global adoption by offering robust infrastructure services and development tools. The company specializes in developing decentralized infrastructure tailored for blockchain APIs, providing a reliable interface that includes integrated payment options. This platform facilitates seamless connections between customers and node providers, ensuring verified reliability and efficient service delivery. Through its commitment to enhancing the Web3 ecosystem, Bware Labs aims to empower users and developers with the necessary tools to navigate the evolving landscape of decentralized technologies.

Ava Protocol

Seed Round in 2022
Ava Protocol is a developer of a blockchain payment automation platform that facilitates private autonomous transactions for diverse applications, including decentralized finance, non-fungible tokens, and gaming. The platform utilizes an intent-based Eigenlayer architecture to enhance decentralized applications by incorporating features such as scheduled and recurring payments, stop-loss orders, and streaming rewards. Its event-driven execution model allows for the triggering of cross-chain transactions based on various signals, including time, price fluctuations, and smart contract updates. This enables developers to efficiently schedule and automate functions across multiple blockchains, including Ethereum, while maintaining privacy and ensuring reliable execution.

Bribe

Seed Round in 2022
Bribe is an Incentivized DeFi Governance marketplace platform. Bribe Protocol revolutionizes decentralized governance (dGov) by coordinating those voters into powerful coalitions up for auction so that anyone can benefit from governance marketplaces, not just whales.

Interlay

Venture Round in 2021
Interlay is building an open system backed by top-tier research, which allows any user to invest, earn and pay with Bitcoin on any blockchain. Through decentralized insurance collateral and cryptographic proofs users are protected against theft and censorship.

Multichain

Seed Round in 2021
Multichain is a cross-chain router protocol (CRP) providing a mature real-time CRP system.

Supra

Seed Round in 2021
Supra is a developer of a decentralized blockchain oracle toolset designed to provide secure and reliable data feeds for intelligent contracts. The company focuses on helping developers build safe and dependable decentralized applications, catering to various use cases with features that emphasize high performance, security, and decentralization. In addition to its blockchain solutions, Supra also produces automotive components that meet established industry standards, utilizing manufacturing processes that ensure accuracy and compliance. The company serves multiple sectors, including automotive, aerospace, and industrial machinery, demonstrating its versatility and commitment to quality across diverse industries.

Matrix One

Seed Round in 2021
Matrix One is a machine intelligence company that focuses on bridging the physical and digital realms through innovative technology. The company offers advanced Internet of Things (IoT) devices tailored for both consumers and businesses. Among its key products are the MATRIX Creator, a development board for creating hardware applications, and MATRIX Voice, designed for open-source voice platforms. Launched in 2016 and 2017 respectively, these products facilitate rapid and cost-effective development. Additionally, Matrix One envisions the democratization of AI-powered characters, aiming to create interactive and immersive companions for users. The company also operates a marketplace platform for three-dimensional non-fungible tokens (NFTs), allowing creators to optimize 3D files for various metaverse environments, enhancing the accessibility and ownership of digital art. Through these endeavors, Matrix One aspires to redefine digital interactions and streamline the integration of AI and 3D technology into everyday life.

KYVE

Series A in 2021
KYVE is a decentralized initiative focused on the storage and validation of data streams, utilizing the Arweave blockchain for permanent data archiving. The company has developed an open-source protocol that standardizes and validates blockchain data, facilitating reliable storage for modern blockchains and decentralized applications. By employing a network of decentralized uploaders and validators, KYVE ensures that data is archived effectively through specialized pools, each dedicated to a particular data stream. This approach not only guarantees the scalability, immutability, and availability of resources but also provides developers with a dependable means to store and verify their data streams. Through its innovative solution, KYVE enhances the integrity and accessibility of blockchain data, addressing the challenges faced by developers in the evolving digital landscape.

WorldCoin

Venture Round in 2021
WorldCoin is a company that focuses on creating a privacy-centric digital currency platform designed to enhance global connectivity and trust among users. It offers a secure digital identity solution through its iris-scanning device, which generates a unique World ID, allowing individuals to manage their biometric information and digital assets securely. The platform operates on a permissionless blockchain, ensuring transparency and privacy in transactions. Additionally, the World App facilitates easy access to various Mini Apps while enabling users to store their World ID and digital assets effectively. By prioritizing user privacy, WorldCoin aims to discourage fraudulent activities and promote a trustworthy environment for digital interactions.

Talisman

Seed Round in 2021
Talisman is a community-owned wallet built for Polkadot, Kusama the Parachains.

LayerZero

Series A in 2021
LayerZero Labs is a developer of a blockchain messaging protocol that enables decentralized applications to function across multiple blockchains. The company's platform focuses on interoperability, facilitating data exchange between disparate blockchains. Unlike traditional methods that require sequential storage of all block headers, LayerZero employs an on-chain light node for validation, allowing block headers to be streamed on-demand by decentralized oracles. This innovative approach enhances speed, security, and cost-efficiency, providing clients with a low-level communication primitive necessary for cross-chain applications.

Bluefin

Venture Round in 2021
Bluefin operates a decentralized leverage trading platform designed to provide universal access to global financial markets. The platform utilizes blockchain technology to merge the security and transparency of decentralized exchanges with the rapid trade settlement and cost efficiency characteristic of centralized platforms. This innovative approach caters to both novice users and experienced traders, offering features such as leverage trading and short selling. Backed by prominent investors including Polychain Capital, Susquehanna, and Brevan Howard Digital, Bluefin is positioned to enhance participation in the derivatives market while ensuring a user-friendly experience.

SubQuery

Series A in 2021
SubQuery is a data-as-a-service provider focused on making decentralized data more accessible, particularly from Polkadot projects. The company aggregates and organizes data, delivering well-structured information that enables developers to streamline their projects without the need to create custom backends for data processing. By operating between layer-1 blockchains and decentralized applications, SubQuery allows teams working with Substrate and Polkadot to efficiently process and query their data. The platform is designed to support the growth of data protocols that serve the application layer, facilitating the development of improved decentralized applications. SubQuery’s services enable users to query and extract data from the Polkadot network quickly and at no cost, promoting ease of access and utilization for developers in the blockchain ecosystem.

Zenlink

Series A in 2021
Zenlink is a China-based company founded in 2020 that operates a cross-chain blockchain network designed to facilitate seamless asset trading. The platform allows users to engage in transactions with low fees, low slippage, and high-speed performance, eliminating the complexities associated with multiple chains. Zenlink features the Zenlink DEX Protocol, which standardizes decentralized exchange functionalities, and the Zenlink DEX Module, which empowers parachains with DEX capabilities. Additionally, the Zenlink Token serves as a governance mechanism and provides value capture methods to incentivize ecosystem participation. Through these offerings, Zenlink aims to create a unified trading experience and encourage long-term development within its network.

Chainflip

Seed Round in 2021
Chainflip is a decentralized cross-chain swapping protocol that facilitates the trustless exchange of cryptocurrencies between different blockchain networks. The platform is designed to enable users to trade assets directly without relying on a trusted intermediary, thus ensuring a secure and efficient transaction process. Utilizing advanced technology frameworks such as Rust, Chainflip allows for anonymous and permissionless swaps, eliminating the need for additional software, collateral, or wrapped assets. This innovative approach empowers investors to move funds seamlessly across various blockchains and ecosystems, providing a streamlined solution for cross-chain asset management.

Kresko

Seed Round in 2021
Kresko is focused on enhancing access to wealth through its innovative online platform for synthetic stocks, commodities, and cryptocurrencies. This platform allows users to manage their assets in a single application, facilitating activities such as minting, swapping, pooling, and farming. Kresko’s synthetic asset protocol emphasizes capital efficiency and an improved user experience, while also providing a clear overview of portfolio health and associated risks. By offering a frictionless listing of assets, Kresko enables developers to seamlessly incorporate crypto assets into their applications and wallets, making it easier for individuals to engage with digital finance.

Nine Chronicles

Seed Round in 2021
Nine Chronicles is a fully decentralized RPG powered by the players.

Interlay

Seed Round in 2021
Interlay is building an open system backed by top-tier research, which allows any user to invest, earn and pay with Bitcoin on any blockchain. Through decentralized insurance collateral and cryptographic proofs users are protected against theft and censorship.

Runtime Vеrification

Venture Round in 2021
Runtime Vеrification is a dynamic software analysis technique to automatically detect bugs and errors in a software system. Founded in 2010, Runtime Vеrification is headquartered in Urbana, Illinois, United States.

Nirvana

Seed Round in 2021
Nirvana is an AI-native financial infrastructure shaping the future of Agentic DeFi. - Redefining DeFi with AI Agents – Nirvana builds AI frameworks for DEFAI agents to maximize capital efficiency - AI-Native On-Chain Protocols – Empowering DEFAI agents with AI-native protocols to autonomously launch innovative financial instruments and optimize strategies

Stake Technologies

Initial Coin Offering in 2021
Stake Technologies is a company focused on developing essential decentralized protocols for Web 3.0. Its primary objective is to create infrastructure that enables individuals to take ownership of their data, rights, and overall digital experience. The firm offers a multi-virtual machine smart contract platform that provides solutions for businesses looking to implement scalable products and technologies. By delivering blockchain technology that emphasizes scalability, privacy, and interoperability, Stake Technologies aims to address the challenges faced by enterprises in the evolving digital landscape.

Enjin

Venture Round in 2021
Enjin is a prominent blockchain project founded in 2009 by Maxim Blagov and Witek Radomski, recognized for its pioneering role in the NFT and metaverse space. The company has developed a comprehensive technology stack that facilitates the integration of non-fungible tokens (NFTs) into various applications, particularly in gaming. Enjin's offerings include the Enjin Wallet 2.0, which allows seamless interaction with NFT-enabled apps, and Beam, a tool for distributing NFTs via QR codes. Additionally, NFT.io serves as a dedicated marketplace for NFT transactions. Enjin is also instrumental in launching Efinity, a specialized NFT chain on the Polkadot network designed for optimal NFT functionality. Since 2019, indie developers have leveraged Enjin's tools to incorporate NFTs without requiring extensive blockchain development skills, thereby fostering innovation in virtual economies and enhancing business strategies related to user acquisition and monetization.

Subspace Labs

Seed Round in 2021
Subspace Labs is a distributed research and development company behind the Subspace Network. While based in Palo Alto, CA, we are a global, remote-first team of protocol hackers and cryptocurrency enthusiasts. The Subspace Network is a layer zero protocol that is fully interoperable with any layer one, allowing it to serve as an infrastructure layer for the entire Web3 ecosystem. Based on years of original R&D, Subspace is the first protocol to truly resolve the blockchain trilemma, providing an open, scalable platform for both storage and compute. Subspace currently supports Polkadot and Kusama, with more networks coming soon.

Composable Finance

Venture Round in 2021
Composable Finance is focused on developing a blockchain protocol that facilitates cross-layer and cross-chain interoperability. By bridging various Ethereum layer two implementations, the protocol enhances connectivity among different blockchain networks. This infrastructure enables smart contracts from diverse layer one blockchains to operate simultaneously on a single parachain. As a result, users can experience improved liquidity and greater financial and creative freedom in their blockchain interactions. Composable Finance aims to unlock the potential of a multi-layer and multi-chain future, providing essential tools for seamless integration and collaboration across the blockchain ecosystem.

SubDAO

Funding Round in 2021
SubDAO Network is a DAO management platform designed to facilitate the creation and management of decentralized autonomous organizations (DAOs). Built on the Polkadot infrastructure, SubDAO aims to simplify the process for any organization to establish and govern a DAO. The platform offers a suite of tools that include blockchain-based digital agreement signing, asset management, and DAO social networking, enabling cross-chain management and bridging the gap between Web 2.0 and Web 3.0. Additionally, it provides functionalities for funding pool management, voting, and customization, allowing DAO creators and participants to maintain flexibility and control over their governance processes.

BC Network

Seed Round in 2021
BC Network is a blockchain base ecosystem

zCloak Network

Seed Round in 2021
zCloak Network is a privacy-focused infrastructure provider that specializes in decentralized identity (DID) and verifiable computation. The company seeks to empower users by decentralizing the storage and computation of personal data, ensuring that this information resides on user devices rather than centralized servers. Utilizing a STARK-based zero-knowledge virtual machine (ZK-VM) integrated into a browser extension, zCloak Network ensures the integrity of user computations. Its World Wide Web Consortium (W3C)-compatible DID system reflects real-world legal status and reputation within decentralized social frameworks. This allows individuals to leverage their real-world data for applications in decentralized finance, identity verification, and biometric solutions without compromising their privacy. Furthermore, zCloak Network is chain-agnostic, offering its identity and zero-knowledge proof services across multiple public blockchains.

Equilibrium

Seed Round in 2021
Equilibrium is a software service with a consensus based governance system. EQ token, EOSDT, and Native Utility Token (NUT) are not a security or a regulated instrument.

PureStake

Series A in 2021
PureStake, Inc. is a technology company that specializes in developing infrastructure and services for public blockchain networks. Founded in 2019 and based in Burlington, Massachusetts, PureStake offers a range of products and services for the Algorand and Polkadot networks. Their offerings include the AlgoSigner wallet extension, API-as-a-service, a block explorer called Goalseeker, and various infrastructure solutions such as private and co-chain infrastructure. Additionally, the company provides validator services and smart contract capabilities for the Polkadot network, along with consulting services to assist clients in navigating blockchain technology. PureStake's cloud-based platform aims to facilitate secure and reliable participation in blockchain networks, employing an automated multi-pop and multi-cloud approach to enhance user experience and service delivery.

Moonbeam Network

Funding Round in 2021
Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications.

Covalent

Venture Round in 2021
Covalent is the leading modular data infrastructure layer dedicated to solving major challenges in blockchain and AI, including verifiability, decentralized AI inference, and Long-Term Data Availability. Its large reservoir of structured, verifiable data enhances decentralized training and inference, reducing the risk of manipulated or biased AI models. Additionally, the Covalent Network's Ethereum Wayback Machine ensures secure, decentralized access to Ethereum’s transaction data. Trusted by over 3,000 leading organizations, Covalent powers AI, DeFi, GameFi, and more with unfettered access to on-chain data from over 225 blockchains. Learn about the EWM: Technical | Non-Technical For more information, check out Covalent’s: Official Website | Twitter/X | Linktree

Bluefin

Seed Round in 2021
Bluefin operates a decentralized leverage trading platform designed to provide universal access to global financial markets. The platform utilizes blockchain technology to merge the security and transparency of decentralized exchanges with the rapid trade settlement and cost efficiency characteristic of centralized platforms. This innovative approach caters to both novice users and experienced traders, offering features such as leverage trading and short selling. Backed by prominent investors including Polychain Capital, Susquehanna, and Brevan Howard Digital, Bluefin is positioned to enhance participation in the derivatives market while ensuring a user-friendly experience.

SubQuery

Seed Round in 2021
SubQuery is a data-as-a-service provider focused on making decentralized data more accessible, particularly from Polkadot projects. The company aggregates and organizes data, delivering well-structured information that enables developers to streamline their projects without the need to create custom backends for data processing. By operating between layer-1 blockchains and decentralized applications, SubQuery allows teams working with Substrate and Polkadot to efficiently process and query their data. The platform is designed to support the growth of data protocols that serve the application layer, facilitating the development of improved decentralized applications. SubQuery’s services enable users to query and extract data from the Polkadot network quickly and at no cost, promoting ease of access and utilization for developers in the blockchain ecosystem.

Tidal Finance

Seed Round in 2021
Tidal Finance is a flexible DeFi insurance platform and marketplace, offering APYs in the industry. Tidal Finance allows users to earn higher returns while also securing and insuring the DeFi and blockchain economies. Tidal Finance is a customized, subscription-based insurance platform that protects blockchain companies and protocols from hacks and smart contracts.

Efinity

Series A in 2021
Efinity is a cross-chain NFT blockchain that brings non-fungible tokens to everyone. It was developed by Enjin on Polkadot.

Manta Network

Pre Seed Round in 2021
Manta Network is focused on creating a secure and interoperable digital ecosystem utilizing Zero-Knowledge technology. It operates a decentralized exchange platform designed to safeguard user privacy and prevent activity tracking. The platform is built on substrate frameworks, offering an easy-to-use and secure protocol that ensures end-to-end anonymity. With capabilities for high throughput and cross-chain interoperability, Manta Network provides customers with a reliable environment for exchanging data securely.

Bluefin

Pre Seed Round in 2021
Bluefin operates a decentralized leverage trading platform designed to provide universal access to global financial markets. The platform utilizes blockchain technology to merge the security and transparency of decentralized exchanges with the rapid trade settlement and cost efficiency characteristic of centralized platforms. This innovative approach caters to both novice users and experienced traders, offering features such as leverage trading and short selling. Backed by prominent investors including Polychain Capital, Susquehanna, and Brevan Howard Digital, Bluefin is positioned to enhance participation in the derivatives market while ensuring a user-friendly experience.

Litentry

Seed Round in 2020
Litentry build a user-centric world with the blockchain providing privacy-first, decentralized identity aggregation computing services, and it built on the substrate, which inherits great features and best technologies of the blockchain industry. and network processes DID verification, aggregation, and computation requests from service demanders and returns trustable results.

Moonbeam Network

Seed Round in 2020
Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications.

PureStake

Seed Round in 2020
PureStake, Inc. is a technology company that specializes in developing infrastructure and services for public blockchain networks. Founded in 2019 and based in Burlington, Massachusetts, PureStake offers a range of products and services for the Algorand and Polkadot networks. Their offerings include the AlgoSigner wallet extension, API-as-a-service, a block explorer called Goalseeker, and various infrastructure solutions such as private and co-chain infrastructure. Additionally, the company provides validator services and smart contract capabilities for the Polkadot network, along with consulting services to assist clients in navigating blockchain technology. PureStake's cloud-based platform aims to facilitate secure and reliable participation in blockchain networks, employing an automated multi-pop and multi-cloud approach to enhance user experience and service delivery.

Acala Network

Series A in 2020
Acala Network is a blockchain-based platform focused on decentralized finance and stablecoin solutions. Based in the United States, it facilitates cross-blockchain transactions, allowing users to send and receive USD across various blockchains connected to the Polkadot network. The platform offers a range of financial tools, including a multi-collateralized stablecoin backed by diverse cross-chain assets, a trustless staking derivative, and a decentralized exchange. These features are designed to enhance liquidity and support the development of innovative financial applications, making transactions more convenient and secure for users.

Acala Network

Seed Round in 2020
Acala Network is a blockchain-based platform focused on decentralized finance and stablecoin solutions. Based in the United States, it facilitates cross-blockchain transactions, allowing users to send and receive USD across various blockchains connected to the Polkadot network. The platform offers a range of financial tools, including a multi-collateralized stablecoin backed by diverse cross-chain assets, a trustless staking derivative, and a decentralized exchange. These features are designed to enhance liquidity and support the development of innovative financial applications, making transactions more convenient and secure for users.

Camp Network

Camp Network is a purpose-built Layer 1 blockchain to power AI agents.

T-Rex

T-Rex is a new blockchain ecosystem intended specifically for consumer-facing applications, with the goal of transforming the Web3 attention layer via its revolutionary Proof of Engagement (PoE).
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