GCR Deal Update (Week of August 22, 2022)

Dear GCR Members,

Please find the latest list of all active deals at GCR for the week of August 22! 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.

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

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Best,

The GCR Core Team

Last Chance to Participate

1. Commonwealth (Closing next week!)

   • Description: Provider of infrastructure for decentralized communities & DAOs

   • Fundraising & Valuation: <$125M valuation (previously committed at $125M but will lower the valuation)

   • Investors: Polychain Capital, Jump, Wintermute, Dragonfly, etc.

   • Discord link

2. HackMD

   • Description: Collaborative editor for Web3 companies

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

   • Investors: Vitalik Buterin, Techstars, 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

4. 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

6. Plato

   • Description: Web3 eat-to-earn application

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

   • Investors: N/A

   • Discord link

7. 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. Nillion

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

   • Fundraising & Valuation: $150M valuation

   • Investors: N/A

   • Discord link

2. 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