Morningstar Ventures

Morningstar Ventures is a Dubai-based venture capital firm that concentrates on digital assets, blockchain technology, cryptocurrency, and related sectors such as gaming. Founded in 2020, it backs early-stage founders and participates in both token and equity investments. Led by Chief Investment Officer Danilo S. Carlucci, the team combines expertise across technology, marketing, growth strategy, design, and UI/UX to support projects in the Elrond ecosystem and beyond. The firm has launched initiatives such as the Elrond Dubai Incubator to assist projects building with Elrond technology.

Danilo Carlucci

Co-Founder and Chief Investment Officer

Arutyun Nazaryan

Co-Founder and CFO

Past deals in Peer to Peer

FereAI

Pre Seed Round in 2025
FereAI is a technology company specializing in AI-driven crypto trading solutions. It offers an ecosystem of interconnected AI agents, such as Fere Pro and Market Pulse, which provide real-time insights, social sentiment analysis, and automated trading tools. By leveraging multi-agent systems, FereAI empowers users to optimize trading strategies dynamically and interact with diverse AI agents. The company aims to democratize access to advanced trading technologies, enabling investors to stay informed and make data-driven decisions in the rapidly evolving crypto market.

Bondex

Seed Round in 2024
Bondex operates a global talent and human resources platform that leverages artificial intelligence and blockchain technology. This ecosystem is designed to enhance the matching quality between employers and job seekers for permanent, contract, and on-demand work. By providing users with tools to connect opportunities with talent, Bondex incentivizes participation in its network through token rewards. These tokens are earned by users for engaging in various activities such as referrals, community growth, content creation, and work completion. The platform emphasizes decentralized internet hosting to facilitate a more efficient and participatory talent pool.

Merkle Trade

Seed Round in 2024
Merkle Trade is a developer of a decentralized trading platform that facilitates trading in commodities, currencies, and cryptocurrencies. The platform offers a range of user-centric features, including gamified trading experiences and instant rewards, making it accessible for users. By leveraging advanced technology, Merkle Trade aims to provide a comprehensive and engaging decentralized exchange for traders in various markets.

Blast Royale

Initial Coin Offering in 2022
Blast Royale is a blockchain-based play-to-earn platform that allows players to earn Craft Spice while playing matches. The game uses two tokens, the primary token Blast (BLST) and Craft Spice (CS), the in-game P2E token of the Blast Royale Metaverse. BLST is used for trading NFTs on the Blast Royale marketplace and crafting new NFTs, whereas CS has numerous utility uses, including crafting and repairing equipment. Players earn CS by taking part in Blast Royale matches.

Chainflip

Seed Round in 2021
Chainflip is a decentralized protocol facilitating trustless asset trades between different blockchain networks with minimal slippage. It enables direct cross-chain exchanges of cryptocurrencies without intermediaries, utilizing its native blockchain and ecosystem components built on Rust and other frameworks. This allows investors to transfer funds seamlessly across various blockchains and ecosystems without additional software, collateral, or wrapped assets.

Benqi

Private Equity Round in 2021
BENQi is a developer of a decentralized finance (DeFi) liquidity protocol built on the Avalanche blockchain. The company focuses on creating a seamless platform for lending, borrowing, and earning interest on digital assets. By combining elements of traditional finance and decentralized finance, BENQi aims to democratize access to financial products, offering permissionless lending and borrowing options. The protocol is designed to be highly scalable and user-friendly, with an emphasis on low fees. Additionally, BENQi seeks to bridge multiple blockchain ecosystems, including Ethereum, Polkadot, and Binance Smart Chain, through Avalanche's subnets, positioning itself as a cross-chain DeFi solution that enhances liquidity and accessibility in the digital asset space.
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.