CoinFund

Basics

• Blockchain technology research company and cryptoasset investment vehicle, a next-generation cryptofund.
• Partners with Satoshi.Fund
• Is named as part of the MetaCartel ecosystem (as of 1-2020 on the website)
• From Jake Brukhman's twitter (30-7-2020):

"Founders are asking more and more about how we as a fund support networks.

1. We run staking delegations or nodes on ~10 portfolio networks today.
2. We participate in network governance, such as @LivepeerOrg LIPs.
3. We add liquidity to mechanisms, especially those on @BalancerLabs."

Investments

• $158M Seed IV Fund was launched (18-7-2023).
• Acala. From CoinDesk (27-8-2020):

"Acala closed a $7 million simple agreement for future tokens (SAFT) led by Pantera Capital. Other investors in the funding round include 1confirmation, Arrington XRP Capital, ParaFi Capital, Coinfund, Spartan Capital and others."

Acala's aUSD Ecosystem Fund; one of the founding funds to grow the Acala stablecoin (23-3-2022)

• Allora; mentioned as one of its backers (2-2-2024).
• Boardroom. Participated in a $2.2M raise for BoardRoom (13-10-2020).
• The Graph. It is one of its backers according to the website of The Graph (2-10-2020).
• Livepeer; participated in their $20M Series B (7-2021).
• Manta; part of the $50M raise
• Messari. Invested in Messari
• Moonbeam; part of a $6M raise for PureStake (30-3-2021).
• NuCypher. Backer of NuCypher (9-10-2020).
• Numerai. Was a purchaser of tokens in the second Numerai token sale (3-6-2020)
• Props. Invested in the tokensale of Props (30-4-2020).
• Rarible. Invested in Rarible (9-9-2020). Participated in a $1.75M rase (3-2-2021).
• Secret Network; bought SCRT in an OTC deal (16-1-2022).
• Solana; part of a $314M raise with a token sale (9-6-2021).
• Syndicate Protocol; was one of 20+ investors in a $1M raise (17-3-2021).
• Terra; part of the $150M Ecosystem investment fund (16-7-2021).
• 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.
• Worldcoin; one of the many VCs who participated in this controversial project (24-10-2021).
• Zapper. Participated in the $1.5M seed round, among many other participants (27-8-2020).

Coinfund Ventures

• Launched a $300M Web3 Fund (17-8-2022). Adams Street Partners, StepStone Group, Accolade Partners, Theta Capital Management, the Teacher Retirement System of Texas, and partners from Venrock are among those who have contributed to the fund.

Team

• Brukhman, Jake; Co-Founder, “Blockchain tech research & crypto asset investments. Previously Partner & CTO at Triton Research, technical product manager and engineer at Amazon.com, and spent 5 years in financial technology in New York City.”
• Evan Feng
• David Pakma; managing partner (8-2022).
• API3; is mentioned as a partner on their website (5-3-2021).