| ZAP | Jul 25, 2024 | $15m | Private | | community-driven token distribution protocol | Rarestone Ventures, Cypher Capital Group, Sharding Capital | | | Presto Labs, Auros Global, Larry Cermak, Chelsea Jiang, Luca Netz, Tradermayne, Alex Kruger, RookieXBT, Bagsy, EllioTrades, Ivan on Tech, VirtualBacon, cubantobacco, Gate Labs, Panga Capital, Aspen Digital, Whitewater Labs, Oh-Hole! Studio, Jordi Alexander, Gabby Dizon, Sreeram Kannan, Mik Naayem, Cygaar, Sandeep Nailwal, Yaoqi Jia, Robinson Burkey, Regan Bozman, Ahttapon Vasiksiri, Muddy Water |
| Openledger | Jul 2, 2024 | $8m | Seed | AI | The Sovereign Data Blockchain for AI | Polychain Capital, Borderless Capital | | | Finality Capital Partners, Hash3, HashKey Capital, TRGC, STIX, Mask Network, MH Ventures, WAGMI Ventures, Sreeram Kannan, Balaji Srinivasan, Sandeep Nailwal, Kenny Li, Scott Moore, Chainyoda, Vyas Krishnan, Sebastien Borget, Paul Taylor, Alan Curtis, Trevor Koverko, Aniket Jindal, Dino |
| Pi Squared | Jul 2, 2024 | $12.5m | Seed | Infrastructure | ultimate Universal Settlement Layer | Polychain Capital | | | ABCDE, Bloccelerate, Generative Ventures, Robot Ventures, Samsung Next, Justin Drake, Sreeram Kannan |
| MegaETH | Jun 27, 2024 | $20m | Seed | L2 | real-time Ethereum, streaming transactions | Dragonfly Capital | $100m | | Figment Capital, Folius Ventures, Robot Ventures, Tangent, Big Brain Holdings, Credibly Neutral, Vitalik Buterin, Joseph Lubin, Sreeram Kannan, Santiago Roel Santos, Cobie, Hasu, Mert Mumtaz, Karthik Talwar |
| Nuffle Labs | Jun 13, 2024 | $13m | | Infrastructure | NEAR DA and Fast Finality Layer AVS | Electric Capital | | | NEAR Foundation, Lyrik Ventures, Fabric Ventures, Robot Ventures, Caladan, Canonical Crypto, BlackDragon, Bowen Wang, Defi Dad, Dovery Wan, Erica KAng, Jordi Alexander, Sam Kazemian, Mert Mumtaz, Sandeep Nailwal, Sreeram Kannan |
| Aligned Layer | Apr 13, 2024 | $2.6m | Seed | Infrastructure | decentralized ZK Proof verification layer for Ethereum | Lemniscap | | | Bankless Ventures, Paper Ventures, StarkWare, O(1) Labs, Sreeram Kannan, Daniel Lubarov, Weikeng Chen, dcbuilder.eth, Size Chad, Sam Benyakoub, Rushi Manche, Brandon Kase, Omer Shlomovits, John Zimmerebner, Ajit Tripathi, Lucas Kozinski |
| Ellipsis Labs | Apr 4, 2024 | $20m | Series A | DeFi | on-chain liquidity primitives | Paradigm | | | Electric Capital, Anatoly Yakovenko, Justin Drake, Mike Neuder, Sreeram Kannan, Ansem, 0xMert, Uri Klarman, Cobie, Doug Colkitt |
| Camp Network | Apr 2, 2024 | $4m | Seed | L2 | modular Layer 2 blockchain | Maven 11 | | | OKX Ventures, Protagonist, Inception Capital, HTX, Paper Ventures, Moonrock Capital, Eterna Capital, Selini Capital, Sreeram Kannan |
| Axiom | Jan 25, 2024 | $20m | | Infrastructure | ZK platform empowering smart contract developers to build data-rich, on-chain applications | Paradigm, Standard Crypto | | | Robot Ventures, Ethereal Ventures, Hasu, Ye Zhang, Haichen Shen, Alex Atallah, Sreeram Kannan, Calvin Liu, cts, Brendan Farmer |
