GCR Deal Update (Week of Aug 26, 2024)

Dear GCR Members,

Please find the latest list of all active deals at GCR for the week of Aug 26! 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 leading perpetual DEX with over 15 networks live. Combines a simple, user-friendly interface with extremely fast order matching, built on proprietary scalable infrastructure.

   • Fundraising & Valuation: Raising at $100M FDV

   • Investors: Raised $6.1 Million in seed funding round from top investors such as: Sequoia Capital, Coinbase Ventures, IOSG, Hashed Emergent, Titan Capital & Antler. Strategic VC round is currently live and following VCs have participated in this round: Hashed Emergent, Saison Capital, Antler Elevate, GSR & few more!

   • Discord link

2. DEAL #2

   • Description: A web3 protocol that helps build verifiable AI agents for decentralized applications.

   • Fundraising & Valuation: $5M @ $85M Valuation

   • Investors: Previously raised a pre-seed round @ 20M val from Coinfund. The current round is being led by Coinfund and IOSG, ANZ participating at a 85m val with 36 months of linear vesting.

   • Discord link

3. DEAL #3

   • Description: Bitcoin Liquid Staking Protocol

   • Fundraising & Valuation: Open @ $30-$50M Valuation

   • Investors: Raised $3.5 million in an oversubscribed Seed round led by Greenfield with participation from Lemniscap, No Limit Holdings, Cogitent Ventures and Ankr

   • Discord link

4. DEAL #4

   • Description: A growing decentralized social network. The team has 2mn+ MAU compared to Farcaster at 150k MAU. They look at their competition as centralized social platforms.

   • Fundraising & Valuation: $15M @ $150M Val

   • Investors: Round is now being led by Blockchain Capital, who is taking $10 million of the $ 15 million round, valuing at the company $75 million post-money equity. There will be now a token warrant valuing the company at $150mn FDV

   • Discord link