Race Capital

Race Capital is an early-stage venture capital firm located in Silicon Valley that specializes in enterprise computing sectors, including data infrastructure, collaboration, open source, privacy, security, automation, and fintech. The firm invests in, builds alongside, and partners with exceptional founders aiming to create transformative companies. Race Capital emphasizes the importance of speed and execution in startup development, believing that thoughtful planning and rapid implementation are crucial to success. The firm is particularly attuned to market shifts and sees crises as opportunities for groundbreaking innovation, having witnessed the emergence of successful companies during past economic downturns. Race Capital prioritizes working with determined and adaptable founders who have a clear vision and share a commitment to making a positive impact on humanity through their ventures.

Bernard Chan

Investor

Kenneth Cheng

Senior Director, Finance and Operations

Richard Lam

Partner

26 past transactions

Moonsense

Seed Round in 2023
Moonsense is a cross-platform toolset used by developers, data scientists, and product managers. Its application take advantage of the physical world by functioning as an intelligent conduit for sensor data.

Zeet

Seed Round in 2022
Deploy and scale with the tools of the top-tier tech companies, without a devops team

Umami

Pre Seed Round in 2022
Umami collects the information individuals require while protecting user privacy. It is GDPR compliant, does not follow users between websites, does not use cookies, and does not gather any personally identifiable information. It assists people in remaining compliant with constantly evolving data privacy rules. Umami assists in remaining compliant with ever-changing data privacy laws. All collected data is anonymized, making it impossible to identify any specific user. The company's mission is to reach as many people as possible with high-quality, privacy-focused open source solutions.

Opaque

Series A in 2022
Opaque is a startup that helps organizations analyze encrypted data in the cloud. Opaque Systems offers a service for secure data analytics and machine learning in the cloud. Opaque commercializes the open source MC2 Platform, which leverages a novel combination of two key technologies layered on top of state-of-the-art cloud security—secure hardware enclaves and cryptographic fortification.

OtterTune

Series A in 2022
OtterTune, Inc. offers an automated database tuning service designed to enhance the performance of data-intensive applications. Founded in 2020 and headquartered in Pittsburgh, Pennsylvania, the company employs advanced learning techniques to analyze database behavior. By continually adjusting runtime settings, OtterTune aims to optimize system performance, providing users with a more efficient and effective database management solution.

Irys

Seed Round in 2022
Bundlr is a decentralized platform that makes it fast and easy to store data on web3. It is a reliable, multichain solution that enables easy access to Arweave. Bundlr is responsible for processing over 90% of all data uploaded on Arweave and increases upload speeds by ~3000%. Bundlr is integrated on most platforms and is multi-chain compatible including Ethereum, Solana, and Avalanche.

Kado

Seed Round in 2022
Developer of a cryptocurrency platform designed to pay for goods and services directly with stablecoins. The company's platform provides the lowest fees for spending crypto tokens with a focus on API and SDK tooling for decentralized finance, enabling consumers and merchants with an easy way to enjoy the full benefits of fiat currency.

Notifi

Pre Seed Round in 2022
Developer of a messaging and communication infrastructure platform designed to simplify communication across all web3 messaging channels. The company's platform offers a messaging protocol for blockchain with easy integration, customizable, advanced features for decentralized applications, and website third-generation applications, enabling businesses to engage with their users via multichannel communications.

Allbridge

Seed Round in 2022
Developer of a cross-chain bridge designed for the decentralized cross-chain exchange of shares of tokenized vaults. The company's cross-chain bridge implements a delegation function for user assets and provides a marketplace for trading financial assets, enabling users to create and control their native blockchain vaults and transfer the ownership to third parties.

Zeet

Seed Round in 2022
Deploy and scale with the tools of the top-tier tech companies, without a devops team

Scarf

Venture Round in 2021
The app store for software development tools

Zeta Markets

Seed Round in 2021
Developer of an under-collateralized Defi derivatives designed to offer liquid derivatives trading opportunities to individuals and institutions alike. The company offers derivatives ecosystem and creates user experiences and products that simplify the derivatives trading experience, enabling investors to hedge, speculate and take opinions on a limitless variety of market movements.

FTX

Series B in 2021
FTX Trading LTD is a cryptocurrency derivatives exchange founded in 2017 and based in San Francisco, California. The platform caters to both professional traders and novices, offering features such as futures trading, leveraged tokens, and an over-the-counter portal. It supports a variety of financial products, including quarterly and perpetual futures for major cryptocurrencies like bitcoin, ether, and binance coin, as well as various altcoin and midcap indices. FTX was co-founded by Sam Bankman-Fried and Gary Wang, with initial backing from Alameda Research, which provided significant liquidity from the outset. The exchange aims to enhance the cryptocurrency trading experience and facilitate institutional adoption within the sector.

Solend

Seed Round in 2021
Developer of decentralized protocol designed for lending and borrowing. The company improves capital efficiency by earning yields on idle funds and empowers a large range of DeFi yield strategies, enabling users to earn interest on deposits and borrow assets.

Databricks

Series H in 2021
Databricks Inc. offers a unified data analytics cloud platform designed to streamline data engineering and collaborative data science. The company provides a cloud-based platform that enables developers and data scientists to integrate data seamlessly, conduct real-time experimentation, and deploy production applications efficiently. Key products include Databricks Delta, which combines the scalability of a data warehouse with the low latency of streaming data ingestion, MLflow for managing the machine learning lifecycle, and Delta Lake, an open-source technology for handling both batch and streaming data. Databricks serves a diverse range of industries, including advertising, finance, healthcare, and manufacturing, among others. Founded in 2013 and headquartered in San Francisco, California, the company also has a presence in London, Amsterdam, and Bengaluru, and maintains strategic partnerships with several organizations to enhance its offerings.

Saber

Seed Round in 2021
Saber Labs is the cross-chain stablecoin and wrapped assets exchange on Solana.

Opaque

Seed Round in 2021
Opaque is a startup that helps organizations analyze encrypted data in the cloud. Opaque Systems offers a service for secure data analytics and machine learning in the cloud. Opaque commercializes the open source MC2 Platform, which leverages a novel combination of two key technologies layered on top of state-of-the-art cloud security—secure hardware enclaves and cryptographic fortification.

Dexlab

Seed Round in 2021
Dexlab is a decentralized exchange where the best Solana projects mint and list their tokens.

PolySign

Series B in 2021
PolySign, Inc. is a company based in Oakland, California, that specializes in providing custody services for digital assets, including cryptocurrencies. Founded in 2017, PolySign has developed a secure and scalable infrastructure designed for financial institutions, enabling them to effectively manage and trade digital assets. The platform supports a wide range of digital assets and offers institutional-grade custodial services, allowing asset managers and exchanges to operate in a secure and accessible environment. By integrating with existing financial organizations and adhering to rigorous regulatory standards, PolySign aims to facilitate the broader adoption and utilization of digital assets in global markets.

GoodNotes

Seed Round in 2020
GoodNotes creates beautiful handwritten digital notes.

Midas Labs

Angel Round in 2020
Midas Labs Inc. designs and manufactures application-specific integrated circuit (ASIC) for blockchain mining and artificial intelligence (AI) applications. The company develops and offers DeMiner application to allow users to mine open-source cryptocurrency Monero (XMR). It also provides fully-customized blockchain support for communities and enterprises, including both hardware and software services. Midas Labs Inc. was incorporated in 2019 and is based in Alhambra, California with an additional office in Taiwan.

Lightning Labs

Series A in 2020
Lightning Labs is building the next generation of decentralized, resilient financial infrastructure. We believe systems based on cryptography, blockchains, and smart contracts will enhance financial cooperation around the world in unprecedented ways at scales both large and small. We have developed Lightning Network Daemon (lnd) the most advanced and most developer-friendly implementation of the Lightning Network protocol. Along with Neutrino, an open platform that enables users with mobile devices to conduct blockchain and Lightning Network transactions quickly and easily. We’re hiring. See our open positions: http://lightning.engineering/careers.html Get involved: http://dev.lightning.community/

FTX

Seed Round in 2019
FTX Trading LTD is a cryptocurrency derivatives exchange founded in 2017 and based in San Francisco, California. The platform caters to both professional traders and novices, offering features such as futures trading, leveraged tokens, and an over-the-counter portal. It supports a variety of financial products, including quarterly and perpetual futures for major cryptocurrencies like bitcoin, ether, and binance coin, as well as various altcoin and midcap indices. FTX was co-founded by Sam Bankman-Fried and Gary Wang, with initial backing from Alameda Research, which provided significant liquidity from the outset. The exchange aims to enhance the cryptocurrency trading experience and facilitate institutional adoption within the sector.

PolySign

Series A in 2018
PolySign, Inc. is a company based in Oakland, California, that specializes in providing custody services for digital assets, including cryptocurrencies. Founded in 2017, PolySign has developed a secure and scalable infrastructure designed for financial institutions, enabling them to effectively manage and trade digital assets. The platform supports a wide range of digital assets and offers institutional-grade custodial services, allowing asset managers and exchanges to operate in a secure and accessible environment. By integrating with existing financial organizations and adhering to rigorous regulatory standards, PolySign aims to facilitate the broader adoption and utilization of digital assets in global markets.
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