Difference between revisions of "Electric Capital"

Latest revision as of 10:08, 24 June 2024

Basics

Used Anchorage

Investments

ARCx; according to their website (20-2-2023).
Celo; part of a $20M raise (10-2-2021).
Cozy Finance. Part of a $2M raise for Cozy Finance (3-9-2020).
DerivaDEX. Is one of the backers in a $2.7M raise for DerivaDEX (2-7-2020).
Dfinity; one of its investors (26-5-2021).
dYdX; was part of the dYdX Series C raise of $64M (15-6-2021).
EigenLayer; participated in their Series A of $50M (28-3-2023)
Espresso Systems; is mentioned on their website as an investor, while the project has no tokens out yet (25-10-2022).
Frax; part of their strategic round (16-7-2021).
Gitcoin; was part of a $11.4M raise for them (14-4-2021).
Hashflow; was part of their seed and Series A rounds (4-2021 and 7-2022).
Immunefi; part of the $5.5M raise (26-10-2021). Also took part in the $23M Series A of Immunefi (22-9-2022).
Kraken; part of it's portfolio according to Decrypt (9-2-2023).
Mina. One of the backers for a seed raise for Coda.
Monad: part of the $225M raise (9-4-2024).
Nuffle; fka NEAR DA, part of the $13M raise when it spun out (13-6-2024).
Oasis Network. Is mentioned as one of the investors in its docs (11-11-2020). Also one of the contributors to the $160m Ecosystem Fund (17-11-2021)
Puffer; part of the $18M Series A (16-4-2024).
RabbitHole; part of a $3.6M seed round (29-6-2021).
Saddle; was part of a $4.3 million seed raise (19-1-2021). And again led the round of $7.5M on 11-11-2021.
Slingshot; took part in the $15m raise (12-2021).
Syndicate Protocol; was one of 20+ investors in a $1M raise (17-3-2021).
Swivel; participated in the S1.15M seed round, along many other participants (10-12-2020).
TokenTerminal; they mention this as one of their 'community members' (1-8-2022), however, due to the nature of the ones named, we can assume these are investors.

Team, Funding

Team

Avichal Garg; co-founder and partner (9-2-2023)
Curtis Spencer
Ken Deeter
Maria Shen

Funding

Raised a $1B fund to invest in Web3 (1-3-2022).

@@ Line 3: / Line 3: @@
 == Investments ==
+*[[ARC (ARCx)|ARCx]]; according to their [https://arcx.money/ website] (20-2-2023).
 *[[Celo]]; part of a [https://decrypt.co/57246/celo-raises-20-million-as-it-debuts-decentralized-venmo-competitor $20M] raise (10-2-2021).
 *Cozy Finance. Part of a [https://medium.com/@cozyfinance/introducing-cozy-finance-8af86e0ded41 $2M raise] for [[Cozy Finance]] (3-9-2020).
@@ Line 8: / Line 9: @@
 *[[Dfinity (ICP)|Dfinity]]; one of its [https://coinmarketcap.com/currencies/internet-computer/ investors] (26-5-2021).
 *[[dYdX]]; was part of the [[Dydx|dYdX]] [https://www.theblockcrypto.com/post/105881/defi-exchange-dydx-65-million-raise-paradigm Series C raise of $64M] (15-6-2021).
-*[[Espresso Systems]]; is [https://www.espressosys.com/about#s4 mentioned] on their website as an investor, while the project has no tokens out yet (25-10-2022).
+*[[EigenLayer]]; [https://twitter.com/eigenlayer/status/1640754971435229184 participated] in their Series A of $50M (28-3-2023)
+*[[Espresso Systems]]; is [https://www.espressosys.com/about#s4 mentioned] on their website as an investor, while the project has no tokens out yet (25-10-2022).
 *[[Frax Finance (FRAX)|Frax]]; part of their [https://medium.com/dragonfly-research/a-visual-explanation-of-frax-bcce72c1730f strategic round] (16-7-2021).
 *[[Gitcoin]]; was part of a [https://gitcoin.co/blog/gitcoin-grows-treasury-to-accelerate-open-source/ $11.4M] raise for them (14-4-2021).
+*[[Hashflow (HFT)|Hashflow]]; was [https://messari.io/report/hashflow-certainty-in-execution part of] their seed and Series A rounds (4-2021 and 7-2022).
 *[[Immunefi]]; part of the [https://decrypt.co/84436/defi-bug-bounty-platform-immunefi-raises-5-5m?utm_source=telegram&utm_medium=social&utm_campaign=smt $5.5M raise] (26-10-2021). Also took part in the [https://decrypt.co/110285/defi-bug-bounty-platform-immunefi-raises-24m-in-series-a $23M Series A] of Immunefi (22-9-2022).
 *[[Kraken]]; part of it's portfolio [https://decrypt.co/120756/aptos-network-upgrade-more-clarity-tokenomics according] to [[Decrypt (DCPT)|Decrypt]] (9-2-2023).
 *[[Mina]]. One of the backers for a [[seed]] raise for [[Coda]].
-* [[Oasis Network]]. Is [https://docs.oasis.dev/oasis-network-primer/token-metrics-and-distribution mentioned] as one of the investors in its docs (11-11-2020). Also one of the [https://medium.com/oasis-protocol-project/introducing-the-160-million-oasis-ecosystem-fund-e53d384ee386 contributors] to the $160m Ecosystem Fund (17-11-2021)
+* [[Monad]]: part of the [https://twitter.com/monad_xyz/status/1777687376136982767 $225M] raise (9-4-2024).
+*[[Nuffle]]; fka [[NEAR (NEAR)|NEAR]] [[Data availability (DA)|DA]], part of the [https://www.theblock.co/post/299845/near-foundations-new-independent-entity-nuffle-labs-raises-13-million-in-funding $13M raise] when it spun out (13-6-2024).
+*[[Oasis Network]]. Is [https://docs.oasis.dev/oasis-network-primer/token-metrics-and-distribution mentioned] as one of the investors in its docs (11-11-2020). Also one of the [https://medium.com/oasis-protocol-project/introducing-the-160-million-oasis-ecosystem-fund-e53d384ee386 contributors] to the $160m Ecosystem Fund (17-11-2021)
+*[[Puffer]]; part of the [https://www.coindesk.com/tech/2024/04/16/liquid-restaking-protocol-puffer-raises-18m-led-by-brevan-howard-electric-capital/ $18M Series A] (16-4-2024).
 *[[RabbitHole]]; part of a [https://rabbithole.mirror.xyz/ZYcTE1mh5TxpGNHEPWon8KH7R3MlllJE4VhG_yJIr-M $3.6M] seed round (29-6-2021).
 *[[Saddle]]; was part of a [https://www.coindesk.com/saddle-raises-4-3m-for-slippage-free-defi-trading $4.3 million] seed raise (19-1-2021). And again led the round of [https://www.coindesk.com/business/2021/11/11/saddle-raises-75m-to-reduce-slippage-in-defi-trading/ $7.5M] on 11-11-2021.