GBIC

GBIC, or Global Blockchain Innovative Capital, is a New York-based venture capital firm established in 2017 that specializes in funding and accelerating blockchain projects. The firm focuses on strategic investments in the cryptocurrency sector while also emphasizing the importance of community building among blockchain entrepreneurs. Since its inception, GBIC has made 16 investments in various blockchain and crypto companies, reflecting its commitment to fostering innovation in this emerging field. To date, GBIC has successfully exited from one of its investments, demonstrating its active engagement in the market and dedication to supporting the growth of promising blockchain ventures.

Sinhae Lee

Partner

25 past transactions

Ethlas

Seed Round in 2022
Ethlas is a decentralized application that operates in the web3 gaming space, offering a free-to-play, play-to-earn model. The company focuses on creating gaming and infrastructure tools that enhance the usability and safety of blockchain technology for users and businesses alike. Players can engage in various skill-based games, compete in tournaments, and earn crypto rewards, thereby monetizing their gaming experience. Ethlas aims to provide a platform that enables both enjoyment and financial gain through participation in its gaming ecosystem.

Epic League

Seed Round in 2022
Epic League is a company specializing in Online RPG and blockchain ecosystem.

Ethlas

Seed Round in 2022
Ethlas is a decentralized application that operates in the web3 gaming space, offering a free-to-play, play-to-earn model. The company focuses on creating gaming and infrastructure tools that enhance the usability and safety of blockchain technology for users and businesses alike. Players can engage in various skill-based games, compete in tournaments, and earn crypto rewards, thereby monetizing their gaming experience. Ethlas aims to provide a platform that enables both enjoyment and financial gain through participation in its gaming ecosystem.

TooNFT

Initial Coin Offering in 2022
TooNFT is an unprecedented blockchain-based platform that will revolutionize the WebToon industry by creating an innovative next-generation NFT ecosystem.

DeNet

Seed Round in 2021
Develooper of a decentralized multichain storage platform designed to provide data security services and non-fungible tokens storage. The company's platform offers an alternative to traditional cloud services by using unoccupied storage space on computers for a system of decentralized hosting where users can earn tokens as rewards for sharing their computer space, enabling market participants to earn cryptocurrency and become a member of the data storage and work service.

Beyond Finance

Venture Round in 2021
Beyond Finance is a decentralized platform for creating and trading synthetic financial products designed to suit the needs of the synthetic creator. These synthetic products can be made to track prices of underlying assets, such as currencies, commodities, stocks, exchange-traded funds, and more.

Pontem Network

Venture Round in 2021
Pontem is a Substrate-based chain using a code base almost identical to Diem’s.

Pontem Network

Seed Round in 2021
Pontem is a Substrate-based chain using a code base almost identical to Diem’s.

Cryptocurrencies.Ai

Venture Round in 2021
Cryptocurrencies.Ai Inc. designs a software providing intelligence to traders and investors The company provides services for rebalancing portfolio, risk analysis for portfolio diversification, back test and optimize. Cryptocurrencies.Ai Inc. is based in Brooklyn, New York.

EZFarm

Seed Round in 2021
Operator of an ag-tech company intended to develop IT technologies for the agricultural field. The company offers a blockchain-based agricultural product forward trade distribution platform, enabling businesses to digitalize the agricultural process.

Spherium Finance

Seed Round in 2021
Operator of a decentralized financial platform intended to provide a circular consensus economy for DeFi. The company offers a unified platform with cross-chain support, its functionality, mobile-first AMM, decentralized money markets, a user-friendly experience, and multi-wallet integration, cross-chain bridge, enabling users to have complete control of their finances while being able to manage and trade assets on large liquidity pools cost-effectively and efficiently.

Hypermine

Series A in 2021
Hypermine Technologies Private Limited, founded in 2017 and based in Bengaluru, India, specializes in developing authentication solutions for consumers, enterprises, and governments. The company focuses on creating smart tools and protocols that enhance identity, privacy, and security, leveraging expertise in distributed systems, machine learning, and cryptography. Hypermine's platform allows users to access applications using a singular identity without the need to provide traditional credentials, thus improving security and user experience. Additionally, the company offers consultation, training, and product development services for enterprises aiming to adopt blockchain technology, facilitating the establishment of cryptocurrency mining operations and promoting the use of decentralized currencies. An additional office is located in Gurugram, India.

Blocery

Seed Round in 2021
Blocery operates a blockchain-based platform that enhances the agricultural supply chain by connecting end consumers directly with producers. The platform focuses on improving supply chain efficiency, enabling producers to fulfill contracts and secure stable sales compensation through pre-purchases of agri-food products at the production stage. By leveraging technologies such as artificial intelligence, big data, and the Internet of Things, Blocery facilitates the tracking of food products from farm to fork, ensuring a safer and more sustainable food ecosystem. This system not only boosts consumer confidence but also helps producers maintain competitiveness in the market.

Spherium Finance

Seed Round in 2021
Operator of a decentralized financial platform intended to provide a circular consensus economy for DeFi. The company offers a unified platform with cross-chain support, its functionality, mobile-first AMM, decentralized money markets, a user-friendly experience, and multi-wallet integration, cross-chain bridge, enabling users to have complete control of their finances while being able to manage and trade assets on large liquidity pools cost-effectively and efficiently.

OIN

Initial Coin Offering in 2020
Oin Finance is a decentralized finance (DeFi) company that develops liquidity pool lending platforms on the Ontology blockchain, emphasizing cross-chain functionality. Founded in 2020 and based in the British Virgin Islands, Oin Finance offers a suite of services including OIN Swap V1 & V2 Pool, which facilitates liquidity provision in a decentralized exchange environment, and OIN-Lend, a cross-chain lending platform. The company also features OIN Coin, which serves multiple purposes such as collateral rewards and governance, along with USDO for various financial services. Oin Finance aims to enhance the user experience with benefits like low transaction fees, an uncongested network, and the ability to leverage holdings for liquidity mining and rewards.

TEEX

Angel Round in 2019
TEEX Foundation Pte. Ltd. develops and provides distributed computing platform that provides a Layer-2 solution based on blockchain, trusted execution environment (TEE), and cryptography. It offers solutions, such as TEE-based privacy protection, native execution environment that can achieve native performance without any runtime overhead, software and Hardware design using cryptography to realize the verifiability of data and control flow inside the enclave. The company also provides applications, including user client, executor, dispatcher, and wallet that provides interfaces for end users; TEEX network; and ethereum based public network. TEEX Foundation Pte. Ltd. was founded 2018 and is based in Singapore.

AERGO

Venture Round in 2018
AERGO is a blockchain platform based in Wan Chai, Hong Kong, that enables businesses to develop innovative applications and services by sharing data within a distributed IT ecosystem. Established in 2018, AERGO offers an open-source platform that supports customizable hybrid blockchain deployments and features a server-less cloud architecture. Its architecture facilitates secure data transfer without reliance on intermediaries, allowing for flexible governance and seamless integration into existing systems. The platform empowers organizations to tailor their blockchain solutions to meet specific needs, promoting decentralized distribution of computing resources among enterprises and developers.

AERGO

Venture Round in 2018
AERGO is a blockchain platform based in Wan Chai, Hong Kong, that enables businesses to develop innovative applications and services by sharing data within a distributed IT ecosystem. Established in 2018, AERGO offers an open-source platform that supports customizable hybrid blockchain deployments and features a server-less cloud architecture. Its architecture facilitates secure data transfer without reliance on intermediaries, allowing for flexible governance and seamless integration into existing systems. The platform empowers organizations to tailor their blockchain solutions to meet specific needs, promoting decentralized distribution of computing resources among enterprises and developers.

ARPA

Angel Round in 2018
ARPA is a network focused on secure computation, facilitating the sharing and utilization of data without revealing the underlying raw information during data-at-use. The platform employs advanced technologies such as Information-theoretic MAC and Zero-Knowledge Proof to ensure the correctness of computations, even in the presence of majority malicious actors. By integrating state-of-the-art Multi-party Computation with an innovative node communication scheme, ARPA introduces a privacy-preserving computation protocol that supports a novel data monetization model known as Data Renting. Additionally, ARPA's blockchain platform enhances security for various applications, including credit fraud detection and targeted advertising, enabling users to bolster the security of their operations effectively.

Bhex.com

Corporate Round in 2018
BHEX is the next generation digital asset trading platform, with top grade performance of matching system which designed for million level of concurrent transactions. It further evolves to a globally distributed multi-nodes system and provides decentralized custody and clearing services of digital assets to institutional and retail investors transparently.

Logos Network

Seed Round in 2018
Logos Network is a next-generation crypto network based in Dublin, Ireland, that focuses on providing hyper-scalable transaction infrastructure suitable for both micro-transactions and large-scale B2B transfers. The network employs innovative technologies such as a post-blockchain data architecture called chain mesh, a novel delegated proof-of-stake consensus protocol named Axios, and a sharding scheme known as Polis, which enhance transaction validation and throughput. By overcoming the limitations of traditional blockchain systems, Logos Network aims to facilitate intelligent transfers of value on a global scale, thereby transforming various financial applications, including those related to the Internet of Things and point-of-sale technology.

Origo

Funding Round in 2018
Origo Network provides a privacy preserving platform for decentralized applications. Its platform guards the input/output data privacy and transaction privacy of decentralized applications. The company’s platform serves financial exchange, insurance, paychecks, supply chain, personal data, fundraising, IoT, and artificial intelligence sectors. Origo Network is based in the United States.

Cred

Initial Coin Offering in 2018
Cred is a decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain. Founded in 2017, the company is headquartered in San Francisco, California, United States.

Cred

Venture Round in 2018
Cred is a decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain. Founded in 2017, the company is headquartered in San Francisco, California, United States.

Taxa

Seed Round in 2018
Taxa Foundation PTE. LTD. is a Singapore-based company founded in 2018 that operates a decentralized computing network. Its infrastructure is designed to support blockchain applications, providing essential functionalities such as computing power, privacy protection, and flexibility for smart contracts. By leveraging advanced hardware-based technology, Taxa enhances the performance, privacy, and usability of various applications and frameworks, creating a robust environment for developers to build and deploy their solutions. The company's blockchain-agnostic approach allows it to cater to a diverse range of blockchain ecosystems, making it a versatile player in the decentralized computing space.
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