GCR Deal Update (Week of April 8, 2024)

Dear GCR Members,

Please find the latest list of all active deals at GCR for the week of April 8! If you are interested in any of the deals below, please indicate your interest by filling out this form.

Please visit the #┊💼・deal-chat-and-threads-v2 channel on our Discord for more information.

Additionally, PLEASE make sure to visit the #┊💼・deal-sourcing-and-suggestions-v2 channel on our Discord to vote on new deals that you would like the GCR community to diligence together.

If you want to take advantage of full benefits as a GCR member, please follow the steps :)

1. Read our most popular weekly newsletter by subscribing directly on the top bar of our website

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Also, if you have friends / people in your network who want to join GCR, please share this application (1-month Gold+ membership) with them!

Additionally, we are trying to make GCR better for everyone so please fill out this survey :) It only takes 3 minutes! If you cannot access Discord but want to participate in deals below, please email us.

Best,

The GCR Core Team

Last Chance to Participate

1. DEAL #1

   • Description: A cross-chain liquidity aggregator that enables seamless cross-chain swaps with near-instant finality and cost efficiency on many of the top blockchains, all without the need to bridge any assets, making for an extremely fast, secure, easy, and gas efficient solution.

   • Fundraising & Valuation: Raising $3M at $60M FDV

   • Investors: Wormhole, Stargate Finance, Parafi Capital, Jump, GSR, Republic, Big Brain Holdings, Sandeep Nailwal, Double Peak, Serafund, MH Ventures, Faculty Group, Arkstream, D1, Apollo, Black Dragon, Zephyrus, Alphanonce, Moonrock, Crescent City Capital, Proof Capital, 6k, Stacker VC

   • Discord link

2. DEAL #2

   • Description: A new platform to extend and supercharge the solana virtual machine.

   • Fundraising & Valuation: 5M @ 50m val

   • Discord link

3. DEAL #3

   • Description: A money market on Berachain that supports any asset up to 99% LTV by default. They will be the first money market to let you borrow against Infrared's iBGT, Kodiak's Islands, $HONEY, $BERA, and any other token on Berachain.

   • Fundraising & Valuation: $2M @ $20M

   • Investors: Incubated by the Build A Bera Workshop

   • Discord link

4. DEAL #4

   • Description: A Verifiable Compute Layer. The first decentralized data warehouse that delivers sub-second ZK proofs against onchain and offchain data to power the future of AI x blockchain.

   • Fundraising & Valuation: $3M @ $300M FDV

   • Investors: The current round lead investors include Lightspeed/Faction as well as follow on investors like Framework Ventures, Microsoft's M12 and IOSG.

   • Discord link

5. DEAL #5

   • Description: A Modular Compute Layer for any ZK-RaaS (ZK-Rollup as a Service)

   • Fundraising & Valuation: Seed Round: $4M @40M val. Preliminary Pre-A round: 6m at 120m val (OKX, Kucoin, HashKey, Sandeep, MH Ventures, Comma3)

   • Investors: NGC and Web3.com ventures,

   • Discord link