GCR Deal Update (Week of May 2, 2022)

Dear GCR Members,

Please find the latest list of all active deals at GCR for the week of May 2! If you are interested in any of the deals below, please indicate your interest by filling out this form.

As a reminder, you can always check the GCR Deal Dashboard for an overview of active deals at GCR!

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

Best,

The GCR Core Team

Last Chance to Participate

1. Karma

   • Description: DAO reputation system to measure people’s engagement across the DAO ecosystem

   • Fundraising & Valuation: $1.2M at $8M valuation

   • Investors: Seed Club Ventures, Boost VC, CoinGecko, Balaji Srinivasan, etc.

   • Discord link

2. 101

   • Description: Permissionless Web3 course platform that will push out on-chain credentials for courses and educational resources

   • Fundraising & Valuation: $3M at $30M valuation

   • Investors: OlympusDAO, SushiSwap, Balaji Srinivasan, etc.

   • Discord link

3. Kwil

   • Description: Decentralized, community-owned SQL database solution to build DApps and protocols

   • Fundraising & Valuation: $10M at $50M valuation

   • Investors: FTX, etc.

   • Discord link

4. Jia

   • Description: Emerging market DeFi lending platform

   • Fundraising & Valuation: $4M at $20M valuation

   • Investors: TCG Crypto, etc.

   • Discord link

5. Fraction

   • Description: Institutional-grade MPC solution / custody technology platform

   • Fundraising & Valuation: $30M at $180M valuation

   • Investors: Liberty City Ventures, Human Capital, Ledger Prime, Polygon Studios, YGG, etc.

   • Discord link

6. zkLink

   • Description: Trustless chain-to-chain DEX based on zero-knowledge technology

   • Fundraising & Valuation: $10M at $250M valuation

   • Investors: Arrington, Republic, Coinbase Ventures, etc.

   • Discord link

7. Soma Finance

   • Description: World’s first compliant multi-asset DEX & token issuance platform

   • Fundraising & Valuation: $15.8M at $156M valuation

   • Investors: Animoca, Griffin Gaming Partners, Forte, etc.

   • Discord link

8. Comm

   • Description: New crypto-native chat platform

   • Fundraising & Valuation: $5M at $32M valuation

   • Investors: CoinFund, Electric Capital, Seed Club Ventures, etc.

   • Discord link

9. Shardeum

   • Description: EVM compatible sharded L1

   • Fundraising & Valuation: $18M at $400M valuation

   • Investors: N/A

   • Discord link

Just Started Fundraising

1. BearTax

   • Description: Crypto tax solution provider

   • Fundraising & Valuation: $1.2M at $16.2M valuation

   • Investors: Ascend VC, Defy VC, Draper Dragon, etc.

   • Discord link

2. DaoTown

   • Description: Flexible, modular dev framework for the DAOs with a simple no-code interface for mainstream users

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

   • Investors: 3rd Derivative, etc.

   • Discord link

3. Twali

   • Description: Decentralized marketplace for non-technical experts to find work in Web3

   • Fundraising & Valuation: $5M (TBD on Valuation)

   • Investors: Dragonfly Capital, etc.

   • Discord link

4. Volmex Finance

   • Description: Suite of crypto volatility products and derivatives for DeFi and crypto

   • Fundraising & Valuation: $70M valuation

   • Investors: Three Arrows Capital, Alameda Research, CMS, Huobi Ventures, LedgerPrime, etc.

   • Discord link

5. Nametag

   • Description: Naming service for the NFT and social DAO space (30k+ users)

   • Fundraising & Valuation: $4M at $30M valuation

   • Investors: Coinbase Ventures, etc.

   • Discord link

1. Gearbox (Deal Call on May 9th 1:00pm ET)

   • Description: Generalized leverage protocol that allows anyone to get leverage in a decentralized way across various protocols

   • Fundraising & Valuation: N/A

   • Investors: Variant, etc.

   • Discord link