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 is a technology company that develops interoperability solutions for decentralized applications. It specializes in creating a network extension that facilitates communication and asset transfer between different blockchain networks, enabling users to interact with various decentralized applications (dApps) in a simplified manner.

Sapien, founded in 2023, is a data labeling company that specializes in enhancing AI model training through high-quality and scalable data labeling services. The company offers a data preparation platform that connects clients to a diverse, economically motivated pool of labelers and supports various data types, including image recognition, object detection, language translation, and sentiment analysis. By leveraging advanced technology, human feedback, and domain expertise, Sapien aims to improve AI model development across sectors such as healthcare, finance, and education technology. Its innovative approach incorporates gamification and positive reinforcement to ensure superior data quality and high retention rates among labelers, making its services both cost-effective and reliable for clients. With a strong commitment to ethical AI advancements, Sapien positions itself as a trusted partner for businesses seeking to develop 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 any Ethereum Virtual Machine (EVM) chain. It enables projects to download and implement the explorer for their specific chains, allowing users to verify transactions, check balances, and view block confirmations and smart contracts. The platform serves as a comprehensive tool for accessing and validating transaction information, including all forks and side chains. By providing these capabilities, Blockscout enhances transparency, decentralization, and independent verification within the blockchain ecosystem, catering to the needs of developers and users alike.

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.

Sapien, founded in 2023, is a data labeling company that specializes in enhancing AI model training through high-quality and scalable data labeling services. The company offers a data preparation platform that connects clients to a diverse, economically motivated pool of labelers and supports various data types, including image recognition, object detection, language translation, and sentiment analysis. By leveraging advanced technology, human feedback, and domain expertise, Sapien aims to improve AI model development across sectors such as healthcare, finance, and education technology. Its innovative approach incorporates gamification and positive reinforcement to ensure superior data quality and high retention rates among labelers, making its services both cost-effective and reliable for clients. With a strong commitment to ethical AI advancements, Sapien positions itself as a trusted partner for businesses seeking to develop 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 is a developer of a rollups-as-a-service platform focused on enhancing Web3 projects. The company offers a scalable application-dedicated execution layer system that derives security from underlying blockchain infrastructure. By providing an elastic and versatile scaling protocol, AltLayer aims to transform blockchain deployment, significantly improving time-to-market and allowing for customized application deployment. The platform enables users to utilize on-demand rollups, thereby benefiting from a flexible and scalable infrastructure tailored to their specific application needs.

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 a prominent player in Asia's crypto finance and blockchain landscape, offering a comprehensive technology platform for cryptocurrency staking solutions. The company specializes in running validators that generate blocks and confirm transactions on various blockchains, providing clients with essential services such as validator and staking support, exchange infrastructure, custodial services, and wallet solutions. With a team experienced in mining, staking, protocol research, and infrastructure design, RockX has developed access node APIs for major Layer 1 and 2 protocols, facilitating seamless blockchain interactions for developers. The company has established itself as one of Asia's leading staking platforms, managing over USD 900 million in staked tokens, and primarily focuses on serving institutional and high net-worth clients. RockX is committed to collaborating with synergistic partners and innovative Web 3.0 projects to contribute to the growth of the decentralized financial ecosystem.

B.Protocol is a developer of a decentralized backstop liquidity protocol aimed at enhancing the security and efficiency of lending platforms. The company's blockchain-powered platform seamlessly integrates with existing lending systems, allowing users to engage through a dedicated smart contract interface. This innovative approach provides users with priority in the liquidation process by offering a protective cushion to their accounts as they approach liquidation prices. By doing so, B.Protocol enables both lenders and borrowers to mitigate financial risks and improve effective interest rates, thereby unlocking higher capital efficiency within the decentralized finance landscape.

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 is a company focused on enhancing the efficiency and transparency of credit markets through innovative, privacy-preserving technology. It has developed a credit ratings and analysis platform that provides real-time credit analytics and comprehensive reports, enabling clients to access up-to-date information on creditworthiness. The platform employs artificial intelligence to automate the onboarding and submission of data, facilitating the distribution of detailed reports while ensuring a secure and transparent borrowing process. To date, Credora has facilitated over $1 billion in uncollateralized loans across more than 100 borrowers and lenders, monitoring over $4 billion in borrower assets across a wide range of centralized and decentralized finance venues. This positions Credora as a key player in empowering well-capitalized and risk-managed borrowers to navigate credit markets confidently.

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, Inc. is a San Francisco-based company that specializes in online music streaming services, allowing users to create and share playlists while engaging in real-time communication with friends. Incorporated in 2013, Playlist Media offers an ad-supported platform that combines music and messaging, resulting in significantly higher user engagement compared to traditional streaming services. Users can listen to music simultaneously, collaborate on playlists, and chat, enhancing the social experience of music consumption. The platform also facilitates connections between artists and fans through virtual concerts and live music releases. Founded by engineers Karen Katz and Steve Petersen, the company leverages advanced technology, including synchronized streaming and machine learning-based recommendations, to deliver a unique listening experience. Playlist Media is recognized for its innovative approach to social music, including features like Music Match, which connects users based on shared musical tastes. The founders' extensive experience in digital music and technology has positioned Playlist Media as a rapidly growing player in the music streaming industry.

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 LLC is a blockchain technology company specializing in private and permissioned solutions. Established in 2016 and headquartered in Brooklyn, New York, Kadena offers a hybrid blockchain platform that combines public applications, private blockchains, and interoperable chains. Its innovative ScalableBFT consensus protocol enhances transaction efficiency while addressing the scaling challenges of Bitcoin and the security concerns of Ethereum. Kadena also provides Pact, a unique programming language that facilitates the implementation of transactional logic and business operations. The platform is designed to ensure confidentiality, preventing unauthorized participants from accessing sensitive transaction details. Kadena's founders have significant experience, having previously developed JP Morgan's first blockchain and worked with the U.S. Securities and Exchange Commission. The company collaborates with various partners to enhance its offerings and drive traffic to its high-bandwidth public chain.

SpaceComputer uses satellites to create a secure blockchain system that resists cyberattacks and physical tampering.

Biconomy is a developer of a multichain relayer protocol that aims to enhance the transaction experience in the blockchain ecosystem. By offering a simplified onboarding process for Web3 projects, Biconomy provides a non-custodial, gas-efficient infrastructure that facilitates meta-transactions at scale. The company's platform includes a software development kit (SDK) and a dashboard that help abstract the complexities associated with blockchain interactions, such as managing wallets, storing private keys, and handling gas fees. This innovative approach allows developers to create smoother and more seamless interactions between decentralized applications (DApps) and their users, ultimately reducing friction and enhancing accessibility in the blockchain space.