Figment Capital

Figment Networks Inc. is a leading blockchain infrastructure and software provider based in Toronto, Canada, established in 2018. The company develops and operates an open-source crypto network, focusing on enhancing community engagement through tools that facilitate understanding of network health and performance for informed staking decisions. Figment supports various crypto networks, including Tezos, Cosmos, Livepeer, and Horizen. It offers a comprehensive suite of services, such as enterprise-grade node and staking infrastructure, the Hubble Web 3 explorer, and DataHub developer APIs, aimed at simplifying the use, development, and governance of blockchains for token holders and developers alike. Additionally, Figment publishes open-source software and economic research to further benefit the blockchain community.

Dougie DeLuca

Partner

Ryan Funduk

Co-Founder and Chief Architect

James Parillo

Managing Partner

Mads Pedersen

Partner

Rob Pellecchia

Director of Operations

39 past transactions

FastLane

Funding Round in 2025
FastLane is a developer of a platform aimed at enhancing network efficiency and user experience in the blockchain space. The protocol focuses on generating revenue for validators while optimizing the performance of algorithmic traders. It employs ecosystem-friendly MEV relays to minimize transaction spam and bolster network health. This approach not only safeguards user interactions but also boosts the yield of liquid staking derivatives, improving the chances of success for beneficial trading bots. By simplifying the integration of sentry nodes through a single command line, FastLane aims to streamline operations for users and contribute to a more effective and sustainable blockchain environment.

Whetstone Research

Pre Seed Round in 2025
Whetstone Research is dedicated to the design and development of innovative protocols that facilitate the advancement of on-chain markets.

WalletConnect

Series B in 2025
Reown is a developer of an open-source protocol that facilitates secure connections between decentralized applications and users' wallets in the blockchain and cryptocurrency industry. The protocol enables communication and transaction signing without exposing users' private keys, ensuring safety and privacy. By utilizing end-to-end encryption and QR code scanning, Reown allows desktop decentralized applications to connect seamlessly with mobile wallets. This innovative approach enables application developers to integrate with multiple wallets through a single implementation, enhancing user convenience while maintaining security. Based in Zug, Switzerland, Reown aims to simplify the user experience in decentralized applications without compromising on privacy or security.

Sundial Mirage

Pre Seed Round in 2025
Sundial Mirage establishes a framework for the development of future projects and experimental initiatives.

Delta

Pre Seed Round in 2024
Delta is a fully integrated solution designed from the ground up to eliminate the trade-off between sovereignty and interoperability for programmers.

Semantic Layer

Seed Round in 2024
Semantic Layer improves incentive alignment in dApps, enabling MEV internationalization and sequencing sovereignty.

Valantis Labs

Seed Round in 2024
Valantis is a platform comprising decentralized exchanges (DEXes) and on-chain tools that empower developers to design and implement custom liquidity infrastructure for blockchain ecosystems. Using modular components, Valantis streamlines the process, making it faster, cost-effective, and user-friendly.

Khalani

Seed Round in 2024
Khalani has developed the world's first decentralized solver platform, which seeks to improve the web3 user experience through a multi-chain collaborative solution network. The platform significantly decreases the cost of creating and operating solvers.

ChainML

Seed Round in 2024
ChainML has created Council, an open-source platform that facilitates the rapid development of customized generative AI applications through the collaboration of various agents. This platform focuses on the effective deployment and monitoring of generative AI models, allowing clients to operate them with confidence and precision. ChainML collaborates with its clients throughout the process, providing support in ideation, education, adoption, and implementation, thereby transforming AI product ideas into scalable and cost-effective Web3-enabled solutions. The platform leverages machine learning to support data-driven decision-making, offering robust deployment, hosting, and consulting services to empower businesses in their AI endeavors.

Movement Labs

Series A in 2024
Movement Labs is a modular framework platform that builds and deploys move-based blockchains and applications in distributed settings. Its platform offers a composable and horizontally scalable network that provides unparalleled smart contract security and asset portability to help users solve the cold start problem with unprecedented interoperability.

Turnkey

Series A in 2024
Turnkey is a company that specializes in providing scalable wallet infrastructure for cryptocurrency developers, focusing on the management of private keys. Its platform simplifies the process of building applications that require wallet functionalities and cryptographic transactions, allowing developers to generate and manage private keys across various blockchains. The product suite includes features such as flexible signing and intuitive security controls, ensuring that security is not compromised while facilitating the development process for businesses in the crypto space.

Initia Labs

Seed Round in 2024
Initia is a network for 0-to-1 omnichain rollups built by fusing a novel L1 with an interwoven application-specific L2 infrastructure system. The Initia Platform provides product ready rollups that enables teams to build scalable and sovereign systems while eliminating the UX complexities end users face when interacting with a modular multi-chain universe. Initia’s ownership of the full tech stack allows for a suite of chain-level mechanisms that align the economic interests across users, developers, L2 app chains, and the L1. Initia's initial launch products include an all-in-one portal for accessing core tools of the ecosystem, a Omnitia-ecosystem focused wallet for navigating between the L2s, a block explorer that supports InitiaVM transactions and developer tooling, and a Market Minitia that allows users to trade NFTs and create AI-generated NFT collections through prompts.

Avail

Seed Round in 2024
Avail is a team of innovators dedicated to transforming the blockchain world.

Polymer Labs

Series A in 2024
Polymer Labs is building the fabric of web3. We're working on an IBC based multi-cluster routing/roll-up protocol providing E2E IBC connectivity across ecosystems.

RISC Zero.

Series A in 2023
RISC Zero provides a platform enabling users to trust programs run anywhere while allowing developers to use the tools they already know. RISC Zero builds scaling solutions using Zero Knowledge Proofs which will make blockchains accessible. The company was founded by a team of Seattle-based hackers committed to enabling users to control their experience on the internet through the creation of privacy-enhancing decentralization technology.

Umee

Seed Round in 2022
Umee is the most programmable, safety-first lending algorithm built as a blockchain that enables seamless borrowing and lending of digital assets between distinct blockchain ecosystems. Umee is reshaping the global debt markets in Web3.

t3rn

Private Equity Round in 2022
t3rn is a blockchain-based hosting platform founded in 2020 and based in Lisbon, Portugal. The company focuses on providing fast, secure, and cost-efficient solutions for cross-chain executions by utilizing its modular stack for storage, validation, settlement, and consensus. Its platform allows for interoperable execution and composable collaboration, featuring smart contracts stored in a public registry that can be accessed by any user. Developers who contribute to this open-source repository have the opportunity to receive compensation whenever their smart contracts are utilized, promoting an ecosystem that rewards innovation and collaboration within the blockchain community.

Pine Street Labs

Seed Round in 2022
Pine Street Labs specializes in developing enterprise wallet software aimed at expanding and democratizing the use of public blockchains. The company simplifies the complexities associated with accessing various blockchain networks, allowing enterprises to focus on their core business activities. Its walletOS solution enables organizations to manage custody operations in-house and facilitates the introduction of new blockchain initiatives. The platform supports a range of functionalities, including sending and receiving transactions, staking, and executing smart contract calls. It offers a composable developer experience through a well-defined API, which allows seamless integration and minimizes reliance on third-party services. Designed for mission-critical environments, Pine Street Labs empowers customers to execute any transaction efficiently with a single integration.

Lit Protocol

Series A in 2022
Lit Protocol is a decentralized access control infrastructure aimed at enhancing the utility of the web. It provides an open-source platform that enables users to access both digital and real-world experiences. By leveraging on-chain data, Lit Protocol allows blockchain users to gain access to content, software, and data through the use of tokens, NFTs, and blockchain identity as keys. This approach facilitates a more versatile and secure interaction with online resources, contributing to a more connected and functional web environment.

Omni

Series A in 2022
Launched in 2021, Omni is a comprehensive Web3 wallet supporting assets across 25+ blockchain networks, enabling seamless token management, DeFi activity, NFTs, and multi-chain staking with a single mnemonic. It aggregates bridging and DEX services for efficient swaps, abstracts staking complexity, integrates Ledger for security, and offers WalletConnect, fiat on-ramp, and broad NFT support. For more information, visit www.omni.app.

Tenderize

Seed Round in 2022
Tenderize is a web3 platform specializing in liquid staking, which allows users to stake their tokens and earn rewards without the constraints of unstacking periods. By depositing tokens into the Tenderize protocol, users can enjoy a straightforward staking experience, with the protocol managing delegations on their behalf. This enables them to unlock their staked assets promptly, avoiding lengthy waiting times. Additionally, through TenderSwap liquidity pools, users can seamlessly exchange TenderTokens for their underlying assets. The platform also serves as a yield aggregator, facilitating automated staking rewards and allowing users to leverage their staked tokens for various financial activities, such as collateralizing loans and trading, while continuously compounding their rewards.

EigenLabs

Seed Round in 2022
EigenLabs is a blockchain infrastructure startup that enables the restaking of ETH across various decentralized applications. They also provide developers with access to the Ethereum staked capital base and decentralized validator set. Traditionally, staking requires validators to lock up ETH as a security deposit to engage in the network's consensus mechanism, earning rewards for contributing to network security and validating transactions. However, once ETH is staked, it is generally immobilized until withdrawn, restricting validators from utilizing these assets elsewhere. EigenLayer aims to tackle this challenge by allowing staked ETH to be restaked across diverse decentralized applications and services without removing it from the original consensus mechanism.

Quasar Labs

Seed Round in 2022
Quasar Labs operates a digital asset management platform that simplifies investing within the multi-chain universe. The platform allows users to create and join independent asset containers, known as Vaults, which utilize inter-blockchain communication (IBC) technology to facilitate value capture across different blockchains, particularly in the Cosmos ecosystem. This innovative approach addresses the fragmentation within decentralized finance (DeFi) by providing a streamlined and secure method for investors to manage their digital assets. Quasar Labs empowers investors to efficiently design Vaults and aggregate liquidity, making it easier for them to put their digital assets to work with minimal effort.

Gasp

Venture Round in 2022
A ZK-rollup L2 with universal connectivity to L1s, enabling cross-chain liquidity of native assets. Powered by Starkware zero-knowledge technology and Eigenlayer's restake finality. In it's core, MEV minimization and gas-free swaps are out of the box.

Mintbase

Series A in 2022
Minting NFT assets for real worlds value

Phi Labs

Seed Round in 2022
Phi Labs focuses on developing blockchain tools and protocols that empower developers, creators, and entrepreneurs. By leveraging a global team of web pioneers, the company aims to enhance the accessibility of application development. As a contributor to the Archway protocol, Phi Labs rewards blockchain developers for their contributions, further fostering innovation within the ecosystem. Through its commitment to open-source initiatives, Phi Labs seeks to create an inclusive environment that supports the growth and development of blockchain technology.

Stader Labs

Venture Round in 2022
Stader Labs focuses on developing decentralized financial protocols and applications aimed at efficient stake management on public blockchain networks. The company seeks to serve as a distribution layer for staking while creating protocols and products that enhance the security, decentralization, liquidity, and governance of prominent DPoS blockchain networks, including Ethereum, Terra, Polygon, and Solana. By offering sustainable staking yields from digital assets, Stader Labs provides clients with tools to optimize their staking strategies and contribute to the overall robustness of the blockchain ecosystem.

Burnt

Series A in 2022
Burnt Finance operates as a decentralized NFT auction protocol that facilitates the minting and trading of digital assets within a permissionless ecosystem. It aims to address the barriers that hinder the broader adoption of cryptocurrency by creating an inclusive infrastructure. The protocol not only serves as an auction house for digital assets but also supports fundraising, collections, and staking activities. By providing high-speed and low-cost services, Burnt Finance enhances the user experience in the Web3 space, collaborating with like-minded organizations to develop tools and products that promote cultural integration and functionality in the crypto domain.

FairSide

Seed Round in 2021
FairSide Network is a decentralized cost-sharing platform designed for cryptocurrency users, providing an innovative approach to risk management in the digital asset space. The platform offers affordable coverage through a one-time charge, ensuring claims are provably fair and providing blanket coverage of up to 100 ETH. Unlike traditional insurance, FairSide's model caters to various blockchains and types of loss, making it accessible to a wide range of crypto investors beyond just those engaged in decentralized finance (DeFi). By enabling users to mitigate their risks effectively, FairSide aims to enhance the security and confidence of cryptocurrency investments.

Osmosis Foundation

Initial Coin Offering in 2021
Osmosis is a decentralized peer-to-peer blockchain that people can use to create liquidity and trade IBC enabled tokens. The Osmosis blockchain is made up of free, public, and open-source software. - Osmosis is a first-of-its-kind automated market maker (AMM) that marks a foundational shift in how liquidity providers can benefit from Interchain DeFi.

Kurtosis

Seed Round in 2021
Kurtosis is a developer tool system focused on enhancing the experience of building, testing, and running distributed applications in the cryptocurrency sector. Founded in 2020 in Houston, Texas, the company offers software that automates the creation of test environments, allowing developers to simulate outages, malicious behavior, and various unexpected failures. This capability enables developers to rigorously test their codebases before deployment, ultimately reducing development workloads and allowing them to concentrate on core feature work. Kurtosis aims to provide a comprehensive solution for developers working on reliable distributed systems.

Qredo

Initial Coin Offering in 2021
Qredo Ltd is a London-based company that operates a platform designed to facilitate the secure and efficient movement of digital assets for institutional traders. Established in 2011, Qredo provides an open protocol and decentralized, multi-party computation network that enhances the security and custody of digital assets. Its solutions address the operational challenges and security risks associated with wallet key management, trading, storage, and transfer of these assets. By offering features such as cross-chain liquidity, treasury management tools, and peer-to-peer trading venues, Qredo aims to streamline the digital asset management process while mitigating cyber threats.

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

Dfns

Pre Seed Round in 2020
Dfns offers a wallets-as-a-service (WaaS) platform that enables businesses to efficiently manage digital assets while ensuring high levels of security. The platform integrates seamlessly with existing systems, allowing for secure user onboarding and streamlined transactions across multiple blockchains.

Agoric

Agoric is a developer of a framework designed to enhance the programming of smart contracts for the blockchain ecosystem. The platform facilitates the creation and deployment of smart contracts using JavaScript, making it accessible to millions of programmers. By emphasizing composability, Agoric enables rapid development and offers a competitive advantage in creating decentralized applications. Its framework allows for secure execution of transactions, the establishment of new markets, and the creation of innovative exchange patterns without centralized control. The Agoric team comprises experienced technologists, economists, and business leaders who have collaborated on smart contracts technology for over three decades. They aim to revolutionize how smart contracts are developed and utilized, fostering unprecedented global cooperation and enabling entrepreneurs to explore new business opportunities with digital assets. Agoric has partnered with notable projects within the blockchain space and received support from various investors, further solidifying its mission to advance smart contract technology.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.