Dear GCR Friends,
Please find the latest list of all active deals at GCR for the week in August!
As you may recall, GCR is an investment DAO syndicate with a focus on Seed - Series A emerging technology companies in Web3 and crypto.
Since 2020, we’ve deployed $40M+ of capital into 55 companies w/ several fantastic exits and a MOIC of 10x on our liquid portfolio.
Here's our Q2 investment review: https://globalcoinresearch.com/2022/07/06/gcr-investment-review-second-quarter-2022/.
How We Operate
We are a community of 6000 members strong on Discord. Our members source, diligence and invest together through SPVs.
For each of these deals, please visit the #┊💼・deal-chat-and-threads channel on our Discord for more information.
Additionally, please visit the #┊💼・deal-sourcing-and-suggestions channel on our Discord to vote on new deals that you would like the GCR community to diligence together.
Have questions? Reply directly to this email or join our Discord by clicking any of the above links to learn more!
The GCR Core Team
RAISING (Currently Fundraising)
Last Chance to Participate
Description: Layer 2 solution on Ethereum focused on privacy
Fundraising & Valuation: $5M at $50M valuation
Investors: Pragma Ventures, Squares Capital, Orca DAO, etc.
Description: Web3 mobile game publisher
Fundraising & Valuation: $1.2M at $20M valuation
Investors: MOVE, FAM Capital, BoomBit, NEAR, etc.
Description: First biometric and EVM-compatible blockchain
Fundraising & Valuation: $4M at $40M valuation
Investors: Republic, Shima, Wintermute, etc.
Description: Web3 platform that provides creators with DAO tools to build story worlds and games
Fundraising & Valuation: $5M at $40M valuation
Investors: 1kx, Scalar Capital, Sfermion, YGG, etc.
Description: Web3 neobank application powered by DeFi to improve banking experience
Fundraising & Valuation: $15-$20M at $65M valuation
Investors: Kindred, Khosla, IVC, Coinbase, etc.
Description: Web3 eat-to-earn application
Fundraising & Valuation: $2.5M at $11-$15M valuation
Description: Investment DAO that owns, operates, and finances income-generating Metaverse land
Fundraising & Valuation: $2M at $25M valuation
Description: Naming service for the NFT and social DAO space (30k+ users)
Fundraising & Valuation: $4M at $30M valuation
Investors: Coinbase Ventures, etc.
Just Started Fundraising
Description: Reputation layer of the decentralized web
Fundraising & Valuation: $25M-$30M valuation
Investors: Elad Gil, Naval, Scalar Capital, etc.
Description: Company focused on creating a foundational infrastructure to accelerate the adoption of Web3
Fundraising & Valuation: $200M at $2B valuation
Investors: FTX, a16z, etc.
Description: Web3 personal media collecting and trading platform
Fundraising & Valuation: $5M at $25M valuation
Investors: Dragonfly Capital, Union Square Ventures, etc.
DILIGENCE (Pre-Management Call)
Coherent (Deal Call on August 3rd 11:00am ET)
Description: Core infrastructure that provides Web3 data
Fundraising & Valuation: $500k at $14M valuation
Investors: Coinbase Ventures, Kindred, etc.
HackMD (Deal Call on August 15th 7:00pm ET)
Description: Collaborative editor for Web3 companies
Fundraising & Valuation: $2M at $20M valuation
Investors: Vitalik Buterin, Techstars, etc.
Zesty (Deal Call on August 18th 9:00am ET)
Description: Data aggregator for the metaverse (175+ metaverse properties and 80k+ unique users)
Fundraising & Valuation: $2M-3M at $20M-$30M valuation
Investors: 1kx, etc.
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