GCR Web3 Live Deals (Week of Sept 2, 2022)


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

  1. 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.

    • Discord link

  2. 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.

    • Discord link

  3. HackMD (Closing next week!)

    • Description: Collaborative editor for Web3 companies

    • Fundraising & Valuation: $1.5M at $16M valuation

    • Investors: Vitalik Buterin, Techstars, etc.

    • Discord link

  4. Nillion

    • Description: Provider of decentralized NMC network that allows nodes to work in a decentralized network

    • Fundraising & Valuation: $14M at $180M valuation

    • Investors: N/A

    • Discord link

  5. Hydra

    • 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

    • Discord link

  6. Li.Fi

    • Description: Leading multichain aggregation layer that empowers cross-chain liquidity flow

    • Fundraising & Valuation: $17.5M at $200M valuation

    • Investors: Supercrypt, etc.

    • Discord link

Just Started Fundraising

  1. Simplex

    • Description: Perp-based crypto index protocol

    • Fundraising & Valuation: $1.5M at $15M valuation

    • Investors: CMT Digital, etc.

    • Discord link

  2. Breadcrumbs

    • Description: Blockchain analytics platform

    • Fundraising & Valuation: $500k at $25M valuation

    • Investors: Distributed Global, Spartan Group, Franklin Templeton, etc.

    • Discord link

DILIGENCE (Pre-Management Call)

  1. Airchains (Deal Call on September 7th 9:00am ET)

    • Description: Web3 toolkit for DApps

    • Fundraising & Valuation: $3.3M at $20M valuation

    • Investors: N/A

    • Discord link

  2. 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.

    • Discord link

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