GCR Deal Update (Week of August 15, 2022)

Dear GCR Members,

Please find the latest list of all active deals at GCR for the week of August 15! 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 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.

Best,

The GCR Core Team

Last Chance to Participate

1. MintKudos

   • Description: Reputation layer of the decentralized web

   • Fundraising & Valuation: $25M-$30M valuation

   • Investors: Elad Gil, Naval, Scalar Capital, etc.

   • Discord link

2. Obscuro

   • Description: Layer 2 solution on Ethereum focused on privacy

   • Fundraising & Valuation: $5M at $50M valuation

   • Investors: Pragma Ventures, Squares Capital, Orca DAO, etc.

   • Discord link

3. Hotline

   • Description: Token-powered messaging platform for creators (‘Web3 OnlyFans’)

   • Fundraising & Valuation: Raising $4M

   • Investors: SuperLayer, etc.

   • Discord link

4. Coherent

   • Description: Core infrastructure that provides Web3 data

   • Fundraising & Valuation: $1M at $14M valuation

   • Investors: Coinbase Ventures, Kindred, etc.

   • Discord link

5. Plato

   • Description: Web3 eat-to-earn application

   • Fundraising & Valuation: $2.5M at $11-$15M valuation

   • Investors: N/A

   • Discord link

6. PangeaDAO

   • Description: Investment DAO that owns, operates, and finances income-generating Metaverse land

   • Fundraising & Valuation: $2M at $25M valuation

   • Investors: N/A

   • Discord link

Just Started Fundraising

1. HackMD

   • Description: Collaborative editor for Web3 companies

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

   • Investors: Vitalik Buterin, Techstars, etc.

   • Discord link

2. Zesty

   • Description: Data aggregator for the metaverse (175+ metaverse properties and 80k+ unique users)

   • Fundraising & Valuation: $2M-3M at $20M-$30M valuation

   • Investors: 1kx, etc.

   • Discord link

3. 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