Venture Trotter Weekly Review: Week Ending 1/27/23

Ruceto tracked over $245 million in institutional investments into crypto or web3 companies last week. Links to the target company website, investment announcement, and token info are provided via hyperlinks on the Target Name, $ Raised, and Token columns respectively.

Target Name $ Raised Lead Investors Description Token
Kingsway Capital
Blockstream’s sidechain technology (Liquid Network) enables trustless Bitcoin swap settlements and secure, dependable smart-contracts while empowering financial institutions to tokenize assets
10T Holdings
Blockchain infrastructure company that enables you to launch your node in seconds with a global network of RPC endpoints on 15+ blockchains
Parkway Venture Capital
Enterprise VR training in the metaverse
Blockchain Capital
Web3 infrastructure and hardware company
Khosla Ventures, Lyrik Ventures, Near foundation
Lets you deploy a customizable, easy to use private shard with built-in privacy features and confidential native WASM or EVM smart contracts.
Obvious Ventures
Senken is the world’s first gateway to on-chain carbon credits from verified climate projects
Collab + Currency, Patron
Collaborative storytelling platform
Framework Ventures, TechStars, SGH Capital, Outrun Ventures' Chris Adelsbach
Cloud platform solution designed by ex-Law Enforcement and Asset Recovery Practitioners that delivers an end-to-end asset management solution to track and audit portfolios of seized assets.
Boldstart Ventures, gumi Cryptos Capital
Sui-based wallet
Kindred Ventures, South Park Commons, Script Capital
Available on iOS & Android, message any wallet with a consumer-grade, crypto-native app for 1:1 convos, group chats, and token-gated timelines
Poolz
Virtual gifting protocol
GFT

Ethos is a wallet where users can trade and store crypto on Sui. The project’s native token is ETHOS, which will be used for improved pricing, early access to features, and exclusive functionality. Rather than having a token sale, initial tokens will be given away. An airdrop of 1 billion ETHOS will be reserved to those who suffered from VGX and Voyager losses.

Gifto, launched in 2017, enables users to create, store, and gift blockchain presents such as NFTs in the form of e-cards, PFPs, generative art or red envelopes. The project’s token, GFT, is used as a currency to buy virtual gifts. Annual GFT inflation is set at 2%, with 1.5% of going towards staking rewards (APY based on staking pool size), and the remaining 0.5% going to charitable causes via Binance Charity.

Senken is a platform to buy and sell tradeable on-chain carbon credits. Users can purchase forward contracts to fund carbon removal and avoidance projects, such as an initiative to restore damaged mangrove areas in Kenya.

Institutional Investors of Crypto

Injective, a L1 blockchain optimized for finance, raised a $150M ecosystem fund to support developers building on Cosmos. Backers include Pantera Capital, Kucoin Ventures, Jump Crypto, IDG Capital, Gate Labs, Delphi Labs, Flow Traders and Kraken Ventures. In addition to token and equity investments, supported developers will receive mentorship, technical assistance, business development and marketing support.

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Disclaimer: The content presented is for informational purposes only and does not constitute financial, investment, tax, legal, or professional advice. The content is provided ‘as is’ without any representations or warr

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