| Reservoir | Feb 5, 2025 | $14m | Series A | Infrastructure | Reservoir is an open-source developer platform that provides powerful tools and APIs for building next-generation NFT products | Union Square Ventures | | | Variant Fund, Archetype, 1kx, Square Peg, Nascent, Delphi Digital, PTC Crypto, Coinbase Ventures, Spaceship DAO, The Lao, Framework Ventures, Sapphire Ventures |
| JokeRace | Jul 31, 2024 | $3m | Seed | Social Platform | contests for communities to run, grow, and monetize | Maven 11 | | | RockawayX, Bankless Ventures, Anagram, ABCDE, Mask Network, Social Graph Ventures, Kindi Capital, Daedalus, serotonin, komorebi, 1kx, The Lao |
| NFTfi | Mar 11, 2024 | $6m | Series A1 | DeFi | NFT lending protocol | Placeholder | | | Maven 11, Kahuna, Launch Labs Inc, Brevan Howard, The Lao, Reciprocal Ventures, A.Capital Ventures, HASH CIB, Bloccelerate, Cypher Capital, Longhash Ventures |
| Superfluid | Feb 22, 2024 | $5.1m | Strategic | DeFi | Payment streaming protocol | Fabric Ventures | | | Multicoin Capital, Circle Ventures, Safe Ecosystem Foundation, The Lao, Taavet+Sten |
| Polymer Labs | Jan 23, 2024 | $3.6m | Seed | Infrastructure | IBC infrastructure | DistributedG, North Island Ventures | | | Ignite, DCG, Coinbase Ventures, Wintermute Ventures, The Lao, BlockchainAG, Taureon, Longhash Ventures, Signum Capital, UOB Ventures, Joe Lallouz, Karim Atiyeh, Martin Mao, Sam Kazemian, Andrew Masanto, Loong Wang |
| unshETH | Aug 7, 2023 | $3.3m | Seed | Liquid Staking Protocol | on-chain staking yields
and swaps for LSDs | | | | Soma Capital, MH Ventures, Iconiq Capital, EFENT, 922 Capital, Electric Ant, Backend Capital, The Lao, Fan Zhang, Epakon, Ross Lipson, Marty Hu, Kevin Li, Jai Prasad, Ejaaz Alhamadeen, 300DAO |
| Hook | Jun 28, 2023 | $3m | | DeFi | NFT-Native Call Options Protocol | Collab+Currency, Lattice | | | Slow Ventures, Sfermion, Maven 11, Contrary, gmoney, jdh, Salvino D’Armati, Flamingo DAO, Neon DAO, The Lao, Binance Labs |
| Intuition | Jun 15, 2023 | $4m | Seed | Digital Identity | Decentralized Identity Protocol | Superscrypt | | | Shima Capital, Matrixport, ConsenSys, WWVentures, Tangent, Primal Capital, Open Web Collective, ArkStream Capital, GSR, Polygon Ventures, Avon Ventures, Orange DAO, The Lao, Fight Club, DAO Jones, Punk DAO |
| LabDAO | May 23, 2023 | $3.6m | Seed | | Decentralize Drug Discovery | Inflection.xyz, Village Global | | | North Island Ventures, Seed Club Ventures, ID Theory, Road Capital, Curve Labs, GMJP, Molecule, Gnosis DAO, The Lao, Orange DAO, Beakerdao, Spaceship DAO, Balaji Srinivasan |
| Pine Protocol | Dec 16, 2022 | $3m | Private | NFT | Permissionless NFT-backed loans and NFT financing | Amber Group, Sparkle Ventures | | | Shima Capital, The Lao, MapleBlock Capital, The Spartan Group |
| Fleek | Dec 1, 2022 | $25m | Series A | | Decentralized content and application delivery network for web3 | Polychain Capital | | | Protocol Labs, Arweave, Coinbase Ventures, DCG, North Island Ventures, Distributed Global, The Lao, Argonautic Ventures |
| VenturePunk | Nov 2, 2022 | $1.5m | Pre-Seed | | Web3 venture studio and builder community | | | | PunkDAO, The Lao, Bufficorn Ventures, Erick Calderon, Devin Finzer, Bain Capital Crypto, ConsenSys, Polygon Ventures |
| NiftyApes | Nov 1, 2022 | $4.2m | Seed | | Liquidity protocol for NFTs | Variant, FinTech Collective | | | Robot Ventures, Polygon Ventures, Coinbase Ventures, The Lao, Flamingo DAO, Ryan Sean Adams, David Hoffmann, Eric Conner, Anthony Sassano, Cyrus Younessi, DC Investor, James Young, James Duncan, Nadav Hollander, Brendan Forster, SuperRare, Rarible |
| Metastreet | Oct 13, 2022 | $10m | | NFT | NFT debt & financing | | | | Dragonfly Capital, Nascent, Ethereum Ventures, FinTech Collective, DCG, The Lao, Focus Labs, Mirana Ventures, OpenSea Ventures, Ledger Prime, Meta4, Flying Falcon |
| Astaria | Jun 22, 2022 | $8m | Seed | NFT | Astaria is an NFT lending platform that enables Strategists to set loan conditions via Vaults, which gather funds from liquidity providers for borrowers | | | | True Ventures, Arrington Capital, Ethereal Ventures, Hypersphere Ventures, The Lao, Wintermute Ventures, Genesis Trading, LedgerPrime |
| Brahma | Feb 23, 2022 | $4.21m | Seed | DeFi | Yield Protocol | Framework Ventures | | | Zee Prime, Lightspeed Venture Partners, Dialectic, Maven 11, Cherry.xyz, LedgerPrime, The Lao, Daedalus, Degenscore, Santiago Roel Santos, Jason Choi |
| Ceramic | Feb 17, 2022 | $30m | Series A | Infrastructure | decentralized network for composable data | Multicoin Capital, USV | | | Placeholder, Reciprocal Ventures, CoinFund, Figment, Coinbase Ventures, Hashed, DCG, Variant Fund, The Lao, Dialectic, Zee Prime, Edge & Node, Dapper Labs, StreamingFast, Metacartel Ventures, Protocol Labs, Animoca Brands, Collab+Currency, BlockScience, ConsenSys, Polymorphic Capital, Red Beard Ventures, Gaingels, Distributed Global, DAOsquare, Bitscale Capital, Northzone, Venrock, Fenbushi Capital, Amplify Partners, Page One, The Fintech Fund, Animal Ventures, 6MV, Underscore VC, P2P Capital, Packy McCormick, Meltem Demirors, Roham, Illia, Brian Flynn, Alex Salnikov, Ryan Selkis, Dan Romero, Eleftherios, Stefan George, Suji Yan, Tegan Kline, Chase Chapman, David Phelps, Defi Dad, Vadim Koleoshkin, Yannick Folla, alisha.eth, Oaksprout, Daniel Heyman, sean.eth, Jeremysklaroff, aditi, Alan Curtis, Annika Lewis, 0xbilly, Blake Jennelle, Alessio Fanelli, chamm.eth, NiMA ASSYDD, Derek Yoo, Jad Esber, Joe Lallouz, Julia Lipton, Florian Hagenbuch, julz.eth, Kerman Kohli, Mason Nystrom, cjliu49, Rob Toews, Sari Azout, Zach Frankel, Jump Crypto |
| Entropy | Jan 12, 2022 | $1.95m | Preseed | DeFi | Custodian | Dragonfly Capital | | | The Lao, P2P Capital |
| Boto | Dec 24, 2021 | $3.7m | Seed | | Boto is a no-code automation platform where developers and non-developers can create and share their automation. | | | | Blockchain Capital, Coral Capital, FinTech Collective, QED Investors, The Lao |
| Solv Protocol | Dec 1, 2021 | $4m | Series A | NFT | NFT Marketplace | Blockchain Capital, Sfermion, gumi Cryptos Capital | | | DeFi Alliance, The Lao, CMT Digital, CMS Holdings, Apollo Capital, Shima Capital, SNZ Capital, Zonff Partners, HASH CIB, The Spartan Group, Axia8 Ventures |
| Snapshot Labs | Nov 19, 2021 | $4m | Seed | | Snapshot Labs is an off-chain gasless multi-governance tool for crypto projects to poll their user bases. | | | | 1kx, Boost VC, Coinbase Ventures, Fire Eyes DAO, Gnosis, Kleros, Longhash Ventures, Metacartel Ventures, Scalar Capital, StarkWare Industries, The Lao |
| Immunefi | Oct 26, 2021 | $5.5m | Seed | Smart contract audits | Immunefi is a bug bounty and security services platform that protects crypto projects from Web3 bugs. | | | | BitScale, Blueprint Forest, BR Capital, Electric Capital, Framework Ventures, IDEO CoLab Ventures, North Island Ventures, P2P Capital, The Lao, Third Prime Ventures |
| DeHorizon | Oct 11, 2021 | $8.5m | Seed | | DeHorizon---Cutting a new decentralized horizon | | | | Akatsuki, Animoca Brands, BitScale, Block Dream Fund, Bo Feng, Bybit, Darren Lau, Dialectic, Dragonfly Capital, Dragonfly Capital, Everest Ventures Group, gumi Cryptos Capital, The Lao, Yield Guild Games, Youbi Capital |
| Tinyman | Oct 7, 2021 | $2.5m | Seed | DeFi | Tinyman is an automated market maker (AMM) on the Algorand blockchain. | | | | Arrington XRP Capital, BlockTower Capital, Borderless Capital, DCG, Eterna Capital, GoldenTree Asset Management, Kosmos Ventures, Polymorphic Capital, The Lao |
| Art Blocks | Oct 7, 2021 | $6m | | NFT | Art Blocks allows digital artists to have their work react to alphanumeric figures generated by the Ethereum blockchain. | | | | Collab+Currency, Flamingo DAO, Galaxy Digital, Galaxy Interactive, Libertus Capital, The Lao, True Ventures |
| Taker Protocol | Sep 20, 2021 | $3m | Seed | NFT | Taker Protocol is a cryptocurrency liquidity protocol for NFTs. | | | | Ascensive Assets, DCG, Dragonfly Capital, Electric Capital, Morningstar Ventures, Sfermion, The Lao, The Spartan Group |
| Superfluid | Jul 13, 2021 | $9m | Seed | DeFi | Payment streaming protocol | Multicoin Capital | | | Delphi Digital, DeFiance Capital, Metacartel Ventures, MMC, Fabric Ventures, The Lao, DeFi Alliance, White Star Capital, Roble Venture Capital, Tiny VC, Divergence Ventures, BR Capital, Angel DAO, Stable Node, beToken Capital, Supernova Fund, ID Theory, Happiness Capital, Taavet Hinrikus, Sten Tamkivi, Ryan Selkis, Anthony Sassano, David Hoffmann, Julien Bouteloup, gmoney NFT, Jesus Perez Sanchez, Calvin Liu, Edgar.eth, Francesco Simoneschi, Ana Andrianova, Max Ament, Noah Jessop, Rezo Shmertz, Anthony Chen, Eli Krenzke, Ryon Nixon, Gustav Arentoft, Doo Wan Nam, Märt Kelder |
| NFT Oasis | Jul 8, 2021 | $4.4m | Series A | NFT | NFT Oasis is a provider of a platform for the decentralized creator economy. | | | | CitizenX Crypto Ventures Fund, Delphi Digital, Flamingo DAO, gmoney NFT, ID Theory, Intellectus Partners, Koji Capital, Lemniscap, Mechanism Capital, Ozone Ventures, Stateless Ventures, The Lao, W Bradford Stephens |
| prePO | Jul 1, 2021 | $1.1m | Seed | | prePO is a decentralized pre-IPO and pre-token trading platform. | | | | Apollo Capital, Darren Smorgon, Emrin Nurovic, Fire Eyes DAO, Flex Dapps, Henrik Andersson, James Simpson, Kieran Warwick, Koji Capital, Marc Woodward, Matt Symons, Maven 11, Meld Ventures, Radek Ostrowski, Ryan Zurrer, Ryon Nixon, The Lao |
| Dexguru | Apr 20, 2021 | $1m | Seed | Trading | Trading Terminal | ParaFi Capital | | | The Lao, Lemniscap, Divergence Ventures, Bitscale Capital, Loi Luu, Evgeny Yurtaev, Julien Bouteloup, Calvin Chu |
| Gitcoin | Apr 14, 2021 | $11.3m | | Web3 | Gitcoin is a platform that enables open source developers to monetize their work when it is used. | | | | 1kx, Balaji Srinivasan, Electric Capital, Ideo Colab, Metacartel Ventures, Naval Ravikant, Paradigm, The Lao, Zak Cole |
| Enso Finance | Apr 13, 2021 | $5m | | DeFi | Enso Finance is a Defi tool for creating permissionless trading strategies. | | | | Dfinity Beacon Fund, Multicoin Capital, P2P Capital, Polychain Capital, The Lao, The Spartan Group, Zola Global Investors |
| ConsenSys | Apr 13, 2021 | $65m | Convertible note issuance | Infrastructure | ConsenSys builds Ethereum blockchain infrastructure and applications ranging from developer tools to enterprise solutions. | | | | Alameda Research, BlackRock, BNY Mellon, Fenbushi Capital, Greater Bay Area Homeland Development Fund, JP Morgan Chase, Liberty City Ventures, MakerDAO, Mastercard, NGC Ventures, Protocol Labs, Quotidian Ventures, SNZ Capital, The Lao, UBS, CMT Digital |
| Overlay | Mar 18, 2021 | $2.22m | Seed | DeFi | Overlay is a protocol that enables users to trade streaming data without the need for traditional counterparties. | | | | 1kx, Metacartel Ventures, ParaFi Capital, Polychain Capital, The Lao, MH Ventures |
| SubQuery | Mar 12, 2021 | $1.8m | Seed | Analytics | SubQuery is a platform that makes decentralised data more accessible. | | | | AllianceDAO, D1 Ventures, Definitive Capital, Digital Finance Group, Digital Renaissance, Digital Strategies, Hypersphere Ventures, Kosmos Ventures, Moonbeam Network, Moonwhale Ventures, P2P Capital, SevenX Ventures, The Lao, Web3 Capital |
| Async Art | Feb 18, 2021 | $2m | Seed | | Collect and Experience Rare Programmable Art. | Blue Wire Capital, Collab+Currency, Divergence Ventures, Galaxy Interactive, Inflection Ventures, Lemniscap, Placeholder, Semantic Ventures, The LAO | | | |
| Maple Finance | Dec 21, 2020 | $1.3m | Seed | DeFi | Maple Finance is a capital-efficient corporate debt marketplace. | | | | Alameda Research, Bitscale Capital, Cluster Capital, FBG Capital, Framework Ventures, Kain Warwick, One Block Capital, Stani Kulechov, The Lao |
| Ethereum Push Notification Service | Dec 8, 2020 | $750,000 | Seed | DeFi | Ethereum Push Notification Service is a decentralized notification protocol. | | $5m | | 4RC, Balaji Srinivasan, Scott Moore, Mariano Conti, Anthony Sassano, DeFiDad, Ravindra Kumar, Preethi Kasireddy, Andrew Chen, DeltaHub Capital, Luka Sucic, Ben Lakoff, Auryn Macmillan, Danny Christ, Kenneth Ng, Ganeshram Gunalan, Thomas Kaseng Ao, Kathik Garg, The Lao, Metacartel Ventures, BlockRock Capital, LD Capital, D64 Ventures, Moonwhale Ventures |
| Roll | Oct 28, 2020 | $1m | Seed | Social Platform | Roll builds social token infrastructure for the creator economy. | | | | Balaji Srinivasan, Fabric Ventures, Galaxy Interactive, IOSG Ventures, Lionschain Capital, The Lao |
| PoolTogether | Oct 25, 2020 | $1m | Seed | DeFi | PoolTogether is a no-loss, audited savings game powered by blockchain technology. | | | | Kain Warwick, Metacartel Ventures, ParaFi Capital, Robot Ventures, Stani Kulechov, The Lao |
| Gelato Network | Sep 15, 2020 | $1.2m | Seed | DeFi | Gelato Network is a contract automation tool that automates smart contract executions on Ethereum and beyond. | | | | Christopher Jentzsch, D1 Ventures, Galaxy Digital, IOSG, Metacartel Ventures, Ming Ng, The Lao |
| Zapper | Aug 27, 2020 | $2m | Seed | Infrastructure | Zapper is a fintech platform that manages all DeFi assets from one simple interface. | | | | Anthony Sassano, Coinbase Ventures, CoinFund, Coingecko Ventures, Framework Ventures, Kain Warwick, Libertus Capital, Mariano Conti, Meltem Demirors, Metacartel Ventures, Michael Dunworth, Scalar Capital, The Lao, Zee Prime Capital |
