Primitive Ventures

Henlo.com is a memecoin project that relies on community involvement and is part of the Berachain ecosystem.

Canopy is a financial technology company that operates a decentralized finance (DeFi) platform. It specializes in aggregating and optimizing yields from various DeFi protocols. The platform uses a dual-token ecosystem, $LEAF and $OAK, and allows users to provide liquidity with single asset deposits. Canopy's software enables users to manage their portfolios from a single, intuitive dashboard, automatically adjusting and optimizing investments to maximize returns through compounding rewards.

TAC provides an interoperability network extension that connects the TON ecosystem with Ethereum-compatible dApps. It enables Telegram users and TON wallet holders to access and interact with EVM-based decentralized applications through cross-chain messaging and asset bridging, delivering a streamlined experience for decentralized computation engine–based applications.

Founded in 2023, Sapien specializes in data labeling services for AI model training. Combining advanced technology and blockchain rewards, it offers scalable, high-quality data labeling across industries like healthcare, finance, and education tech. Its gamification approach ensures superior data quality and high labeler retention rates, making it a cost-effective solution for businesses developing high-performance AI models.

Drift Protocol is a developer of a decentralized derivatives exchange that focuses on providing on-chain, cross-margined perpetual futures trading on the Solana blockchain. The platform aims to enhance the efficiency of trading futures through an upgraded decentralized system that features a new pegging mechanism. This innovation allows users to adjust liquidity based on market demand and open interest, thereby improving the overall trading experience. Drift Protocol's approach positions its exchange as a competitive option for margin trading within the decentralized finance space.

Blockscout is an open-source blockchain explorer designed for use across various Ethereum Virtual Machine (EVM) chains. It enables users to verify transactions, balances, smart contracts, and other records on these networks.

Cartridge is a developer of a decentralized gaming platform that focuses on verifiable on-chain games and autonomous worlds, positioning itself at the intersection of blockchain technology and gaming. The company aims to empower web gaming communities by providing a range of game development services that enable both gamers and developers to engage effectively. Cartridge facilitates the development, testing, and scaling of various games, enhancing the overall gaming experience for users while supporting developers in creating innovative gaming solutions.

The world's first programmable datachain, where data doesn't just exist; it becomes active, fluid, valuable across applications. And it's this evolution—from passive to programmable—that marks the true primitive.

Intensity Labs pioneers Shogun, a breakthrough DeFi protocol based on purpose. Shogun enables users to traverse decentralized finance with purpose-driven interactions, resulting in a dynamic financial ecosystem.

Founded in 2023, Sapien specializes in data labeling services for AI model training. Combining advanced technology and blockchain rewards, it offers scalable, high-quality data labeling across industries like healthcare, finance, and education tech. Its gamification approach ensures superior data quality and high labeler retention rates, making it a cost-effective solution for businesses developing high-performance AI models.

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

Founded by UCSB professor Yu Feng, Nubit is building the Trustless World Computer for Bitcoin, enabling open scaling and programmability of Bitcoin through Bitcoin-native technology (BitVM, OP_CAT, DA, etc). Nubit lets developers build any native application, onboarding the world to Bitcoin. Backed by Polychain. Learn more at Nubit.org.

BounceBit is a company focused on creating a robust trading platform designed for cryptocurrency users. It provides a Bitcoin restacking infrastructure that enhances yield opportunities while facilitating seamless trading experiences. By connecting decentralized finance (DeFi) and centralized finance (CeFi) through an environment that is compatible with Ethereum Virtual Machine (EVM), BounceBit ensures financial security for its users. The platform emphasizes smart contract execution centered around the BTC Token, aiming to offer a comprehensive solution for users navigating the complexities of crypto trading.

AltLayer offers a rollups-as-a-service platform that enables developers to deploy on-demand rollups for Web3 projects. The system provides highly scalable, application-dedicated execution layers whose security derives from an underlying base layer, delivering elastic and customizable scaling to transform blockchain infrastructure, speed up time-to-market, and support innovative deployment models for decentralized applications.

Chaos Labs is a cloud-based platform that enhances the economic security of crypto protocols through automated risk management and capital efficiency optimization. By utilizing advanced simulation technology, Chaos Labs enables protocols to model user interactions, protocol behavior, and potential malicious activities, thereby allowing for informed decision-making in volatile markets. The platform's agents can simulate various scenarios, execute complex logic, and rewind to previous states to analyze specific on-chain activities. Currently operational on the Ethereum network, Chaos Labs plans to expand its services to include other blockchains like Terra, NEAR, and Polygon, ultimately providing a more secure environment for users and protocols in the cryptocurrency space.

Vovo Finance is a cryptocurrency-based company focused on decentralized finance. It develops a structured platform that offers a range of financial products designed to optimize the risk-reward ratio for users. By utilizing packaged financial instruments, the company enables users to engage in customizable yield collection from leveraged crypto trades. Vovo Finance's structured products incorporate various risk-return profiles, market biases, lockup periods, and token deposits, allowing for tailored investment strategies and enhanced financial opportunities in the cryptocurrency market.

RockX is an Asia-based company specializing in crypto finance and blockchain technology. It offers institutional clients global access to cryptocurrencies through its non-custodial staking platform, which securely generates blocks and confirms transactions on various blockchains. With over USD 900 million worth of tokens staked, RockX provides enterprise-grade infrastructure solutions, including validator services, exchange infrastructure, custodian solutions, and wallets.

B.Protocol develops a decentralized backstop liquidity protocol that enhances security for lending platforms in the DeFi space.

Multichain is a developer of a cross-chain router protocol that facilitates real-time cryptocurrency transactions across various blockchain networks. It provides a comprehensive platform that enables users to swap cryptocurrencies seamlessly among multiple exchanges, enhancing interoperability within the blockchain ecosystem. By building robust infrastructure that supports leading exchanges, Multichain positions itself as a key player in the blockchain industry, catering to the growing demand for efficient and versatile trading solutions.

Symbiosis Finance is a decentralized multi-chain protocol that facilitates liquidity across various blockchain networks. Its innovative technology enables users to swap tokens seamlessly with a single click, while retaining sole ownership of their funds. This approach simplifies the often complex and time-consuming process of locating appropriate cross-chain bridges, allowing users to transact without the necessity of holding multiple native assets. By streamlining these operations, Symbiosis Finance aims to enhance user experience in the decentralized finance space.

Credora enhances credit markets by employing privacy-focused technology for real-time credit analytics. It has facilitated over $1 billion in uncollateralized loans across numerous borrowers and lenders, enabling well-capitalized entities to secure transparent financing.

NAOS Finance operates a decentralized finance platform that provides an alternative to traditional financial systems. This platform allows decentralized finance lenders and small to medium-sized enterprise borrowers to engage in a permissionless environment on the blockchain. By facilitating the origination and funding of loans without relying on traditional intermediaries, NAOS Finance enables lenders to achieve stable and recurring income streams. Additionally, the platform bridges the gap between on-chain activities and larger off-chain opportunities, enhancing accessibility and efficiency in financial transactions.

DODO is a liquidity protocol powered by the Proactive Market Maker (PMM) algorithm and built for capital efficiency. DODO offers a low barrier-to-entry, pain-free token issuance mechanic for long-tail assets.

Playlist Media operates a social music streaming platform that blends licensed ad-supported streaming with real-time collaboration. Users can create and follow playlists, listen with friends simultaneously, chat during playback, and discover music through collaborative playlists and social recommendations. Founded in 2013 and based in San Francisco, the company targets mobile users seeking shared music experiences and community around listening. The platform also supports artists and creators by enabling live fan engagement, virtual events, and broad distribution of music to millions of listeners. Core capabilities include synchronized streaming and integrated messaging, allowing listeners to discuss tracks, curate content together, and share musical tastes in real time. The service is designed to unite music discovery with social interaction in a single app, emphasizing engagement through network-based features and community building.

Alphaslot Lab Ltd, established in 2018 and headquartered in Central, Hong Kong, specializes in developing a blockchain-based computing platform tailored for commercial-scale gaming applications. The platform fosters connections among gaming developers, operators, and players, utilizing SLOT tokens and ALPHABOT avatars. It incentivizes user engagement and facilitates growth in the gaming industry by tokenizing rewards and enabling cross-blockchain connectivity. Gaming operators can contribute to network security by serving as validators, further enhancing the platform's functionality.

Kadena develops a hybrid blockchain platform that addresses Bitcoin's scaling challenges and Ethereum's security issues. It offers ScalableBFT consensus protocol, Pact programming language for transactional logic, and confidentiality settings to protect sensitive transaction details. Founded in 2016 by former JP Morgan blockchain creators and SEC professionals, Kadena is headquartered in Brooklyn, New York.

SpaceComputer develops a satellite-based secure blockchain infrastructure for trustless Web3 ecosystems. It operates an orbital computing platform that uses advanced cryptography, including zero-knowledge proofs, multi-party computation, and fully homomorphic encryption, to provide tamper-resistant security and resilience against cyberattacks and physical tampering for blockchain applications.

Biconomy simplifies blockchain transactions by offering a multichain relayer protocol. Its platform enables non-custodial, gas-efficient meta-transactions at scale, smoothing interactions between decentralized applications (DApps) and end-users.