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 18: / Line 18: @@
 *[[Mina]]. One of the backers for a [[seed]] raise for [[Coda]].
 * [[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.