Warburg Serres Investments

Code & State is a venture studio focused on developing and scaling stablecoin ventures within the web3 ecosystem. The company aims to support the next generation of entrepreneurs by providing resources and guidance for building innovative tools, systems, and frameworks on the Internet Computer protocol. Through its incubation and funding initiatives, Code & State enables entrepreneurs to establish successful businesses and generate revenue in the evolving digital landscape.

Bitfinity Network is a creator of a blockchain platform that allows users to generate, stake, and swap tokens on their internet-connected computers. The company focuses on developing new decentralized finance (DeFi) cross-chain primitives. Its main services include research and development into cross-chain wallets that support Bitcoin and Ethereum Virtual Machine (EVM)-based chains and exchanges and automated market-making activities.

Calimero Network is a blockchain infrastructure company founded in 2022 and headquartered in London. It specializes in developing a private blockchain network platform that allows clients to deploy and scale innovative solutions while prioritizing privacy. The platform offers fully interoperable cross-contract calls, enabling businesses to manage public assets and bridge various fungible and non-fungible tokens. Additionally, it facilitates secure data storage and sharing through encrypted channels, allowing interactions with private shards. By focusing on user privacy and data control, Calimero Network aims to provide businesses with a robust solution for their blockchain needs.

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!

Airstack is a developer of an artificial intelligence-powered platform designed to facilitate access to on-chain data across multiple projects and blockchains. The company's innovative platform organizes decentralized application transactions into virtual stacks of data, allowing developers to efficiently query and incorporate both web3 on-chain and related off-chain data into their applications. By streamlining the integration process, Airstack aims to enhance the development experience within the web3 ecosystem.

Solsten is an AI company focused on understanding human behavior in the digital realm to enhance customer experiences. Founded in 2018 by Joe Schaeppi and Bastian Bergmann, the company is headquartered in Berlin, Germany. Solsten's platform is tailored for decision-makers in the gaming industry, including executives, researchers, and marketing professionals working within medium-to-large studios. The platform aids in user engagement by helping to find, retain, and monetize players, while also supporting user retention and developing new games. Solsten's technology allows gaming studios to identify their target audiences, reduce development costs, and expedite the market launch of their products.

IndexZoo is a decentralized finance (DeFi) multi-chain ecosystem focused on creating indices and leveraged tokens for various blockchains. The company aims to provide users with precise leveraged tokens that enable both long and short exposure to a diverse range of cryptocurrencies. By facilitating access to these indices across multiple blockchains, IndexZoo allows investors to trade at lower costs while ensuring accurate tracking of cryptocurrency baskets. This innovative approach positions IndexZoo as a significant player in the cryptocurrency marketplace, catering to the diverse needs of investors seeking effective trading solutions.

Burrow is a decentralized platform that operates a non-custodial liquidity pool, enabling users to supply and borrow assets for trading. The platform focuses on unlocking liquidity for interest-bearing assets, particularly layer 1 staking derivatives. By allowing users to supply assets, Burrow facilitates the earning of interest and enables borrowing against those assets to enhance liquidity. Additionally, the platform features a governance token staking program, which encourages user participation and investment in the ecosystem. Overall, Burrow aims to provide a streamlined approach to accessing liquidity in the decentralized finance space.

3Box Labs is a technology company based in New York that specializes in decentralized identity and data management solutions for web3 applications. Founded in 2018, it offers a suite of products including 3box.io, a social profiles application tailored for Ethereum users, and 3box.js, an API that facilitates user onboarding and data management for developers. Additionally, 3Box provides the 3box-dapp, which enables users to create and manage their social profiles, interact with decentralized applications, build reputations, and securely store data. The company's platform is designed to enhance user experience by ensuring that applications are lighter, more trustworthy, and carry reduced data management liabilities, thereby fostering a sustainable ecosystem where users have greater control over their data.

Livepeer, Inc. is a technology company that operates a decentralized live video broadcasting platform designed to support user-generated content. Founded in 2017 by Eric Tang and Douglas Petkanics, the company is headquartered in New York City. Livepeer combines blockchain technology with economic incentives and an open media server, enabling broadcasters, developers, and users to easily distribute content over the Internet. The platform utilizes peer-to-peer networks to enhance video live streaming capabilities, providing tools, APIs, and resources for integrating live video into various applications. By fostering an open-source environment, Livepeer encourages contributions from individuals with diverse skills, ultimately aiming to improve and secure its network.

Tibles is a developer of a digital collecting ecosystem that operates on the Flow blockchain, focusing on ownership and the experience of collecting. The company provides a trading platform that serves as a marketplace for buying and selling digital non-fungible tokens (NFTs). By partnering with various brands, Tibles creates a diverse array of collectibles, including cards, comic books, sticker books, and multimedia objects. This platform not only facilitates transactions but also fosters a community for collectors, enhancing the overall engagement and value of digital collectibles in this evolving market.

XMTP is an open, crypto-native communication protocol that connects communities, applications, and users. It was founded in 2021 and is based in Austin, Texas.

Community Gaming operates an all-in-one esports competition platform offering blockchain-based payments and scalable tournament management tools for players, guilds, organizers, and game developers; its software enables the creation, facilitation, and participation in automated esports tournaments, featuring built-in wallets and automated, no-fee cryptocurrency rewards; the platform supports Earnings for Everyone by decentralizing rewards through web3 technology; since 2020, it has paid more than 20,000 gamers and created 800,000 wallets, while handling over 50,000 monthly matches.

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!

Ledger is a prominent company specializing in security and infrastructure solutions for cryptocurrencies and blockchain applications, established in 2014 and headquartered in Paris, France. The company has become a leader in the market with over one million hardware security devices sold across more than 165 countries. Its flagship products, including the Ledger Nano S and Ledger Nano X, are designed for secure management of cryptocurrencies, featuring built-in displays and connectivity options for ease of use. For enterprises, Ledger offers Ledger Vault, a fully managed SaaS solution that safeguards substantial amounts of multiple cryptocurrencies while addressing physical and IT security threats. Additionally, Ledger is actively engaged in the industrial Internet of Things (IoT) sector, utilizing its secure hardware technology to connect sensors and machines to blockchain-based assets. The company also operates a production facility in Vierzon, France, and maintains offices in San Francisco.

Blockdaemon Inc. is a blockchain node management platform that enables businesses, enterprises, and developers to efficiently deploy and manage blockchain applications. Founded in 2013 and headquartered in Los Angeles, California, with additional offices in New York and Ireland, the company provides tools that allow users to manage nodes across more than 30 blockchain protocols, including Bitcoin, Ethereum, and Polkadot. Blockdaemon's solution is designed to be fully portable, enabling users to easily switch between networks and chains without the need for extensive configuration. The company also supports the blockchain developer ecosystem by offering expert dev-ops advice, facilitating smoother integration and deployment in the rapidly evolving blockchain landscape.

Tibles is a developer of a digital collecting ecosystem that operates on the Flow blockchain, focusing on ownership and the experience of collecting. The company provides a trading platform that serves as a marketplace for buying and selling digital non-fungible tokens (NFTs). By partnering with various brands, Tibles creates a diverse array of collectibles, including cards, comic books, sticker books, and multimedia objects. This platform not only facilitates transactions but also fosters a community for collectors, enhancing the overall engagement and value of digital collectibles in this evolving market.

Coin Metrics Inc. is a provider of blockchain and cryptocurrency data analytics, based in Cambridge, Massachusetts. Founded in 2017, the company specializes in delivering market and network data, analytics, and research to various industries and institutions involved in crypto-assets. Its offerings include the CM Network Data Pro, which provides comprehensive historical data on top cryptocurrency assets, and the CM Market Data Feed, which standardizes trade, candle, and order book data from multiple exchanges. Additionally, Coin Metrics offers CM Reference Rates, which present fixed asset pricing in U.S. dollars. By focusing on transparency and actionable data, Coin Metrics aims to empower individuals and organizations to make informed financial decisions related to cryptocurrencies.

DFINITY is a foundation based in Zurich, Switzerland, focused on developing and providing innovative internet services and software solutions. It is primarily known for the Internet Computer, a secure and tamperproof open cloud platform that allows users to build and host new systems and services. The foundation also offers the DFINITY Canister software development kit, which facilitates the creation of software systems that operate on the Internet Computer. Additionally, DFINITY is instrumental in the development of the Internet Computer Protocol, enabling independent data centers to collaborate and provide serverless cloud functionality while ensuring network security. Its vision includes democratizing application development through AI-driven tools, promoting a decentralized internet where users can easily create and manage web applications without extensive technical skills. Established in 2016, DFINITY operates research centers in multiple locations, including Palo Alto and Shanghai, reflecting its commitment to advancing the next-generation blockchain network and ecosystem.