Nascent

Founded in 2020, Nascent is a venture capital firm based in Montreal, Canada. It focuses on investing in early-stage teams led by missionary founders who aim to build category-defining companies and protocols within the cryptocurrency sector.

Jessy Huang

Venture Partner

Past deals in Smart Contracts

Ligero

Seed Round in 2025
Founded in 2018, Ligero specializes in designing and implementing a platform for secure, decentralized collaboration both on and off blockchain. Their offerings include confidential transactions, private smart contracts, distributed threshold cryptography, secure auctions for decentralized exchanges, and private verifiable machine learning.

Whetstone Research

Pre Seed Round in 2025
Whetstone Research specializes in designing and developing novel protocols to foster the growth of on-chain markets. Operating discreetly, the company focuses on token issuance services to drive innovation in this space.

Phylax Systems

Seed Round in 2024
Phylax Systems is the operator of an open-source protocol platform designed to avoid hacking. Phylax System's platform censors hacks on L2 networks and supports all Ethereum virtual machine chains, giving corporations the confidence to invest in the decentralized market.

Khalani

Seed Round in 2024
Khalani is a technology company that has created the world's first decentralized solver platform. This platform aims to enhance the user experience in the Web3 space by offering a multi-chain collaborative solution network. It significantly reduces the cost of developing and operating solvers, which are essential for managing complex applications in the Web3 ecosystem. The platform operates as an open and permissionless network, allowing developers to optimize on-chain intents and streamline application management.

NEBRA Labs

Seed Round in 2024
NEBRA Labs is a blockchain services company.

Mezo

Series A in 2024
Mezo is a bitcoin economic layer network that provides fast and cheap bitcoin transactions to hold tokens while earning yield.

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.

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

Union Labs

Seed Round in 2023
Union Labs is a hyper-efficient, zero-knowledge interoperability layer that connects appchains. layer 1 and layer 2 networks.

Skylock

Seed Round in 2022
Skylock, established in 2022 in Ottawa, Canada, is a post-seed startup specializing in real-time security for decentralized finance (DeFi) protocols. It proactively defends against smart-contract hacks by detecting and blocking malicious transactions, safeguarding assets, and ensuring their safe return to users. Skylock's cutting-edge technology aims to enhance the stability and security of the DeFi industry.

Primitive

Series A in 2022
Primitive is an innovative developer of open-source software frameworks for crypto transaction simulation.

SX Network

Seed Round in 2022
SX Network operates a blockchain-based sports betting exchange, offering bettors improved odds, transparency, and secure fund management through smart contract technology. Its platform integrates an on-chain community treasury and native prediction market protocol, facilitating decentralized sports betting markets governed by users via prediction market-based governance.

Liquifi

Seed Round in 2022
Liquifi automates token management for crypto companies, handling security, compliance, vesting, lockups, and cap tables. It enables teams to focus on higher priorities instead of manual processes.

Volt Protocol

Seed Round in 2022
Volt Protocol is a digital currency platform designed to empower users with a yield-bearing currency that combines the self-custody and censorship-resistant benefits of cash with the transactional ease and yield typically found in traditional banking. Built on the Ethereum blockchain, Volt Protocol operates through smart contracts, ensuring a non-custodial approach that protects user assets. The platform focuses on decentralized savings and credit systems, utilizing the Consumer Price Index (CPI) as a benchmark for urban communities rather than relying on fiat currencies. This innovative approach allows token holders to maintain the value of their savings while minimizing reliance on intermediaries, ultimately providing a secure and accessible financial solution.

Optimism

Series B in 2022
Optimism is an Ethereum-based decentralized infrastructure platform founded in 2019. It enables instant transactions and scalable smart contracts through its layer 2 scaling solution, helping developers build on the blockchain.

Socket

Seed Round in 2022
Socket is a developer of a multichain interoperability platform designed to connect various blockchain networks and facilitate the seamless transfer of assets and information between them. By creating a unified ecosystem, Socket enables developers to construct cross-chain applications that utilize shared liquidity and state across multiple chains. The platform enhances user experience by routing funds through various bridges and decentralized exchanges based on preferences such as fees, speed, and security. This approach simplifies the development process and promotes the efficient operation of multichain applications.

Gelato

Series A in 2021
Gelato Network is an innovative company based in Berlin, Germany, that focuses on automating smart contract executions on the Ethereum blockchain. Founded in 2007, Gelato provides a web cloud platform that allows developers to streamline their on-chain processes, enhancing application reliability and performance. Its audited smart contract protocol eliminates the need for developers to manage underlying server infrastructure, thereby saving significant development time and reducing the potential for single points of failure. The platform supports the creation of augmented smart contracts that are automated, gasless, and compatible with all major EVM-compatible blockchains, making it a valuable tool for developers looking to optimize their applications.

RECUR

Series A in 2021
RECUR designs & develops on-chain branded experiences for fans to buy, collect, and re-sell NFTs. RECUR is chain agnostic and is fundamentally changing the NFT market by creating and setting the standard for a decentralized recurring royalty, creating the widest distribution and reach for NFTs minted on their platform. It was founded in 2021 and headquartered in Miami, Florida.

Etherscan

Seed Round in 2021
Etherscan, based in the United States, operates a blockchain explorer and analytics platform for Ethereum, a decentralized smart contracts platform. It hosts web-based tools to explore the public Ethereum network, displaying confirmed transactions and providing transparent, accessible results. However, Etherscan does not process transactions or troubleshoot failures.

PoolTogether

Series A in 2021
PoolTogether operates an Ethereum-based platform that offers users a no-loss savings game. Users deposit funds into the platform's smart contract, earning interest weekly. At the end of each week, one winner receives the collective interest earned, while all other participants retain their principal.

Notional Finance

Series A in 2021
Notional is a decentralized protocol for fixed rate, fixed term lending and borrowing of crypto assets on Ethereum. Users can lend or borrow stablecoins at fixed rates of interest for terms of up to six months using a variety of assets as collateral. Notional achieves fixed rate lending via a primitive called fCash, which is redeemable for an underlying currency like DAI upon the fCash token’s maturity date. Notional operates specialized liquidity pools that allow users to efficiently trade cash for fCash and vice versa. The exchange rate that a user receives on their trade implies a fixed rate of interest from the time of trade until the fCash token’s maturity. Notional is flexible and configurable. The protocol can add additional assets for lending and borrowing, additional collateral types, and additional maturities beyond six months. The community intends to broaden Notional’s scope over time to include a wider array of supported assets and extended available maturities. Notional prioritizes security. The protocol team works with industry leaders to ensure that the smart contracts are technically secure and that the economic assumptions applied in the protocol’s design are sound.

RECUR

Seed Round in 2021
RECUR designs & develops on-chain branded experiences for fans to buy, collect, and re-sell NFTs. RECUR is chain agnostic and is fundamentally changing the NFT market by creating and setting the standard for a decentralized recurring royalty, creating the widest distribution and reach for NFTs minted on their platform. It was founded in 2021 and headquartered in Miami, Florida.

Optimism

Series A in 2021
Optimism is an Ethereum-based decentralized infrastructure platform founded in 2019. It enables instant transactions and scalable smart contracts through its layer 2 scaling solution, helping developers build on the blockchain.

0x

Series A in 2021
0x is an open protocol facilitating peer-to-peer token exchange on the Ethereum blockchain.
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