Inflection.xyz

Inflection is a venture capital firm founded in 2019 and based in Berlin, Germany. It focuses on investing in the open economy, primarily targeting seed and early-stage companies, particularly in the cryptocurrency sector. With a team of venture investors and entrepreneurs from diverse backgrounds, Inflection operates with a global mandate while initially concentrating on European markets. The firm is characterized by its commitment to transparency in the investment process, making decisions within ten days of initial discussions. Inflection invests between $500,000 and $1.5 million across various equity and cryptographic assets, and it emphasizes collaboration with founders and the broader community through ownership incentives.

John Zannos

Venture Partner

35 past transactions

Ubitium

Seed Round in 2024
Ubiquitous computing, universal RISC-V microprocessor

Fabric Cryptography

Series A in 2024
Fabric specializes in the development of custom cryptography hardware aimed at enhancing the performance of cryptographic algorithms. Utilizing Verifiable Processing Units (VPUs) that combine elements of both GPUs and ASICs, Fabric's technology significantly boosts the speed and efficiency of advanced cryptographic workloads. The company's hardware supports essential applications in blockchain technology by facilitating complex processes such as zero-knowledge proofs, homomorphic encryption, and verifiable delay functions. This infrastructure enables businesses to execute cryptographic algorithms in milliseconds, thereby promoting faster and more secure digital transactions.

Lodestar

Pre Seed Round in 2024
Lodestar is pioneering advanced technologies for in-orbit manufacturing and space infrastructure maintenance. Founded by researchers with expertise in off-earth manufacturing, the company focuses on 3D printing technology to construct large structures in space, aiming to revolutionize material deployment in orbit. In parallel, Lodestar is developing a platform-agnostic robotics system, starting with a dexterous robotic arm designed for the inspection and repair of orbiting assets. This robotic arm is engineered to operate autonomously in microgravity, capable of withstanding harsh conditions such as radiation and extreme temperatures, while maintaining high precision for delicate aerospace tasks. Through these innovations, Lodestar is addressing critical challenges in space infrastructure and enhancing the capabilities of aerospace companies.

Particle

Seed Round in 2024
Particle is a permissionless decentralized leverage trading technology that may be used with any digital asset, including tokens and NFTs. The Particle protocol allows traders to borrow directly from liquidity pools at automated market makers (AMMs) with concentrated liquidity

Modulus

Seed Round in 2023
Modulus uses cryptography to verify that AI results weren't doctored. It was founded in 2021 and is located in San Francisco, California.

Tune Insight

Seed Round in 2023
Tune Insight specializes in data security software that enables secure collaborations on sensitive data among multiple organizations. The company's innovative platform employs advanced analytics, privacy measures, and encryption technologies to facilitate federated learning, allowing organizations to collaboratively extract insights while maintaining control over their data. By fostering a secure environment for data sharing, Tune Insight helps organizations make informed decisions together, leveraging collective intelligence without compromising data privacy.

LabDAO

Seed Round in 2023
LabDAO is a research organization focused on advancing the computational life sciences. It offers a biotechnological research platform that facilitates collaboration among researchers and provides essential tools for accessing funding and conducting research. By enabling both independent and university-affiliated scientists to connect and share their work, LabDAO aims to accelerate progress in the field, allowing researchers to concentrate on their strengths and develop their projects effectively.

Radical

Pre Seed Round in 2023
Radical is focused on providing advanced communication solutions through the development of high-altitude solar aircraft that autonomously navigate the stratosphere. These aircraft deliver continuous LTE or 5G service to over 90% of the global population, significantly enhancing network coverage in underserved areas at a fraction of the cost of traditional terrestrial networks. In addition to offering cell service, Radical's aircraft are equipped to collect multi-spectral imagery and carry weather and climate sensors, facilitating zero-emissions connectivity and environmental observation for the aerospace industry.

Salsa (prev. Pearl)

Pre Seed Round in 2023
Salsa is a mobile app for brands looking for a crypto-native way to engage their audiences. Salsa is launching its app in partnership with POAP, a “Proof of Attendance Protocol” that lets users mint memories like event attendance as digital collectibles.

Senken

Venture Round in 2023
Senken operates the world's first on-chain carbon credit exchange, designed to facilitate verified climate projects and support the regenerative economy. The platform provides a marketplace for carbon credits, allowing clients to offset emissions or trade credits through a transparent and credible transaction system. By offering tools for credit management and access to carbon removal projects, Senken enhances market participation and fosters accountability in climate action. This climate finance gateway aims to bridge the gap between environmental sustainability and economic opportunity, promoting a more transparent and efficient carbon market.

Ultimate

Pre Seed Round in 2023
Ultimate is an information technology company that develops investment apps and web3 co-pilot for the navigation of crypto wallets.

Fabric Cryptography

Pre Seed Round in 2023
Fabric specializes in the development of custom cryptography hardware aimed at enhancing the performance of cryptographic algorithms. Utilizing Verifiable Processing Units (VPUs) that combine elements of both GPUs and ASICs, Fabric's technology significantly boosts the speed and efficiency of advanced cryptographic workloads. The company's hardware supports essential applications in blockchain technology by facilitating complex processes such as zero-knowledge proofs, homomorphic encryption, and verifiable delay functions. This infrastructure enables businesses to execute cryptographic algorithms in milliseconds, thereby promoting faster and more secure digital transactions.

GitPOAP

Seed Round in 2022
GitPOAP operates as a decentralized reputation platform that utilizes blockchain technology to represent off-chain accomplishments and contributions through digital badges known as POAPs. This innovative approach allows individuals to create a public and immutable record of their contributions, providing cryptographic proof of attendance for various achievements. The badges are viewable by anyone, enabling repository owners to acknowledge and support their contributors, thereby fostering community engagement and growth. GitPOAP aims to enhance recognition of individual efforts within the broader ecosystem, promoting transparency and accountability in contributions.

Unstoppable Finance

Series A in 2022
Unstoppable Finance is focused on creating an advanced cryptocurrency wallet aimed at making decentralized finance (DeFi) accessible to retail investors worldwide. The company develops user-friendly financial products that leverage its extensive experience in regulated financial technology and cryptocurrency platforms. By combining these elements, Unstoppable Finance seeks to empower everyday users with accessible and effective financial services, bridging the gap between traditional finance and the innovative opportunities presented by DeFi.

Otterspace

Seed Round in 2022
Otterspace is an NFT company focused on leveraging earned NFTs to reward and recognize participation in decentralized autonomous organizations (DAOs). The company's non-transferable badge protocol helps DAOs create effective incentive systems, automate permissions, and facilitate governance without relying on financial incentives. Otterspace also develops DAO onboarding software that features a modular and composable toolset, designed to streamline the user experience for joining and contributing to a DAO. This approach aims to make the transition to decentralized governance clear and accessible, particularly for those familiar with traditional Web2 environments.

Entropy

Seed Round in 2022
Entropy provides crypto custody services to keep private keys secure and make assets available on demand. Its services specialize in creating a decentralized network leveraging advanced threshold cryptography and multi-party computation. The company was founded in 2021 and is headquartered in New York.

t2.world

Seed Round in 2022
t2.world is a decentralized publishing platform that prioritizes community engagement and the cultivation of deep reading habits. It allows writers and readers to interact and foster discussions on niche subjects, creating a space where time is valued and meaningful interactions are encouraged. By enabling users to build connections around shared interests, t2.world aims to reshape the reading experience, making it more interactive and community-driven. The platform focuses on humane content creation, facilitating a unique ecosystem where both authors and readers can contribute to and benefit from the collective knowledge and subcultures that emerge within the community.

Violet

Seed Round in 2022
Violet is a blockchain protocol developed to create a crypto-native identity network. Built on the Ethereum platform, it facilitates the orchestration of identities by integrating both on-chain and off-chain elements. This approach enhances the composability of identities across the decentralized finance ecosystem, mitigating data fragmentation. By doing so, Violet aims to expand user access within decentralized markets, promoting a more cohesive and efficient interaction in the evolving landscape of digital finance.

Housecat

Pre Seed Round in 2022
Housecat is a developer of a crypto investment platform that aims to simplify and democratize investment strategies for individuals. The platform allows users to trade and invest transparently across various asset classes, enabling them to manually invest or automatically replicate the trades of experienced asset managers. By facilitating access to diverse investment portfolios, Housecat connects clients with expertise in both traditional assets and cryptocurrencies, empowering them to take control of their investment decisions and become asset managers themselves.

Sarcophagus

Venture Round in 2022
Sarcophagus is an autonomous decentralized application (dApp) designed to function as a dead man's switch, ensuring that assets can be managed or transferred if the operator becomes incapacitated. Built on the Ethereum and Arweave blockchains, the project is fully open-source and utilizes the Unlicense, allowing for collaborative development. Sarcophagus aims to assist developers and crypto enthusiasts in creating and managing crypto tokens through its innovative platform, which integrates mining software and offers incentives for users engaged in digital currency farming. The project is the result of contributions from a global team of software developers, crypto enthusiasts, and security experts, although it has not yet undergone an audit.

ARX

Pre Seed Round in 2022
ARX smart contracts and HaLo chips enable creators build decentralized, immutable and composable physical crypto assets.

Unstoppable Finance

Seed Round in 2021
Unstoppable Finance is focused on creating an advanced cryptocurrency wallet aimed at making decentralized finance (DeFi) accessible to retail investors worldwide. The company develops user-friendly financial products that leverage its extensive experience in regulated financial technology and cryptocurrency platforms. By combining these elements, Unstoppable Finance seeks to empower everyday users with accessible and effective financial services, bridging the gap between traditional finance and the innovative opportunities presented by DeFi.

Foundation

Pre Seed Round in 2021
Foundation Devices builds the open hardware foundation for Bitcoin and the sovereign Internet. They started Foundation Devices to make beautifully designed, open-source hardware for Bitcoin and the decentralized Internet. To bring great design and UX to hardware wallets, nodes, and more. To empower individuals to securely use and store Bitcoin while maintaining their sovereignty. To help our industry cross the chasm while staying true to its founding ideals. We call this open hardware. And we are excited to bring it to the world!

Catalog

Seed Round in 2021
Catalog is a marketplace focused on transforming the music industry through the use of non-fungible tokens. It aims to create new value models that promote an equitable music ecosystem, allowing fans to discover and support the artists they love directly. By facilitating the trading of tokens, Catalog enables users to bid on music created by their favorite artists, fostering a deeper connection between fans and musicians. This platform not only helps in monetizing music but also enhances the overall listening experience, contributing to a more collaborative and supportive music community.

Defined

Seed Round in 2021
Defined is a data platform that facilitates access to on-chain data and enables interactions across various blockchains and decentralized finance (DeFi) protocols. The platform offers tools for users to efficiently trade cryptocurrencies, find trades, and export transaction history while providing an accurate cost basis for accounting purposes. Additionally, Defined helps users manage yields across different networks and curate governance proposals for tokens, enhancing the overall trading experience in the cryptocurrency ecosystem.

Radicle

Venture Round in 2021
Radicle is a developer of a peer-to-peer code collaboration platform that facilitates software development without intermediaries. Its platform is built on open protocols, allowing users and developers to manage projects and assets while sharing and collaborating on code repositories. This approach offers similar functionality to traditional centralized code tools, but eliminates the need for hosted servers, promoting decentralized collaboration in software development.

Async Art

Seed Round in 2021
Async Art operates an innovative online platform that connects artists and collectors, enabling them to buy, sell, and trade programmable art on the Ethereum blockchain. Founded in 2019 and based in Fort Bragg, California, Async Art allows users to create and engage with multi-layer artworks. Each artwork consists of a Master piece and various Layers, which can be independently owned and controlled by different individuals. This unique structure empowers users to actively participate in the evolution of the art, as they can modify their respective Layers within parameters set by the original artist. For example, one user may control the sky in a landscape painting while another owns a character, allowing for dynamic collaboration and interaction in the creative process. This platform represents a new frontier in the art world, merging technology and creativity in the 21st century.

Flashbots

Seed Round in 2021
Flashbots is a research and development company dedicated to improving the efficiency and transparency of Miner Extractable Value (MEV) in blockchain ecosystems. The company focuses on creating tools for miners and searchers to extract MEV in a more transparent and efficient manner. Flashbots aims to mitigate the negative impacts of current MEV extraction techniques, which can pose existential risks to state-rich blockchains like Ethereum. Their goal is to establish a permissionless, transparent, and fair ecosystem for MEV extraction and redistribution.

Foundation

Angel Round in 2020
Foundation Devices builds the open hardware foundation for Bitcoin and the sovereign Internet. They started Foundation Devices to make beautifully designed, open-source hardware for Bitcoin and the decentralized Internet. To bring great design and UX to hardware wallets, nodes, and more. To empower individuals to securely use and store Bitcoin while maintaining their sovereignty. To help our industry cross the chasm while staying true to its founding ideals. We call this open hardware. And we are excited to bring it to the world!

Balancer

Seed Round in 2020
Balancer Labs operates as a decentralized digital asset management company, offering a flexible and trustless platform for programmable liquidity. The company functions as a non-custodial portfolio manager, liquidity provider, and price sensor, allowing users to exchange tokens without the need for deposits. This enables customers to create their own self-balancing index funds or invest in those created by others, facilitating efficient asset management and trading in the cryptocurrency space.

MakerDAO

Venture Round in 2019
MakerDAO is a decentralized autonomous organization that operates on the Ethereum blockchain, specializing in the development of a stablecoin known as Dai. Founded in 2014 and headquartered in Santa Cruz, California, with additional offices in Copenhagen, Denmark, MakerDAO aims to minimize the price volatility of Dai by utilizing collateralized debt positions and autonomous feedback mechanisms. The company enables users to access a low-volatility, collateral-backed cryptocurrency, promoting financial inclusion and stability. In addition to Dai, MakerDAO has introduced MKR, a token that serves multiple purposes within its ecosystem, including governance and system recapitalization. Through its innovative approach, MakerDAO seeks to provide a decentralized digital currency that maintains its purchasing power, making financial services accessible to users worldwide.

Centrifuge

Venture Round in 2019
Centrifuge Inc. is a technology company that develops a decentralized blockchain-based platform aimed at enhancing the global financial supply chain. Founded in 2017 and headquartered in San Francisco, with an additional office in Berlin, Centrifuge offers a peer-to-peer protocol that facilitates the secure and privacy-preserving exchange of financial documents. This platform allows businesses to tokenize, manage, and distribute their assets on-chain, providing asset managers with new tools and investors with access to a diversified portfolio of high-quality tokenized assets. By enabling third-party service providers to interact with financial data, Centrifuge fosters economic opportunity and promotes efficient transactions while ensuring that businesses retain ownership of their data and validated company details.

Decred

Venture Round in 2018
Decred is a cryptocurrency that emphasizes community involvement, open governance, and sustainable development. It employs a hybrid mining system combining proof-of-work and proof-of-stake to prevent centralization and ensure that no small group can control transaction processes or implement changes without community consensus. Each unit of currency is referred to as a decred (DCR). To maintain the integrity of the currency and prevent fraud, Decred utilizes blockchain technology, which securely records all transactions. This approach enables users to engage in transparent and equitable trading within the cryptocurrency ecosystem.

Zcash

Venture Round in 2018
Zcash offers total payment confidentiality, while still maintaining a decentralized network using a public blockchain. Unlike Bitcoin, Zcash transactions automatically hide the sender, recipient, and value of all transactions on the blockchain. Only those with the correct view key can see the contents. Users have complete control and can opt-in to provide others with their view key at their discretion. Zcash transactions do not depend on the cooperation of other parties. Additionally, full nodes in the Zcash network only need to store a small persistent state.
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