Dear GCR Friends,
Please find the latest list of all active deals at GCR for the week in Sept!
We’ve decided to sunset this newsletter for GCR friends, if you are interested in becoming a member and joining our Discord, please reply directly to this email and we’ll give you a complimentary 3 months gold membership, worth of 700 GCR tokens.
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 ~6500 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
Commonwealth (Closing next week!)
Description: Provider of infrastructure for decentralized communities & DAOs
Fundraising & Valuation: $100M valuation (previously committed at $125M but lowered the valuation given market)
Investors: Polychain Capital, Jump, Wintermute, Dragonfly, etc.
Obscuro (Found new lead investor - Republic)
Description: Layer 2 solution on Ethereum focused on privacy
Fundraising & Valuation: $5M at $50M valuation
Investors: Republic, Pragma Ventures, Squares Capital, Orca DAO, etc.
HackMD (Closing next week!)
Description: Collaborative editor for Web3 companies
Fundraising & Valuation: $1.5M at $16M valuation
Investors: Vitalik Buterin, Techstars, etc.
Description: Provider of decentralized NMC network that allows nodes to work in a decentralized network
Fundraising & Valuation: $14M at $180M valuation
Description: Community-run investment DAO (fund of funds) that invests and incubates other investment DAOs
Fundraising & Valuation: $10M; no valuation
Investors: 1kx, Collab Currency, MetaCartel Ventures
Description: Leading multichain aggregation layer that empowers cross-chain liquidity flow
Fundraising & Valuation: $17.5M at $200M valuation
Investors: Supercrypt, etc.
Just Started Fundraising
Description: Perp-based crypto index protocol
Fundraising & Valuation: $1.5M at $15M valuation
Investors: CMT Digital, etc.
Description: Blockchain analytics platform
Fundraising & Valuation: $500k at $25M valuation
Investors: Distributed Global, Spartan Group, Franklin Templeton, etc.
DILIGENCE (Pre-Management Call)
Airchains (Deal Call on September 7th 9:00am ET)
Description: Web3 toolkit for DApps
Fundraising & Valuation: $3.3M at $20M valuation
Frontdoor (Deal Call on September 12th 11:00am ET)
Description: Professional market network for Web3 talent
Fundraising & Valuation: 1M GBP at 6.3M GBP valuation
Investors: Signature Ventures, etc.
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