GCR Deal Update (Week of Sep 23, 2024)

Dear GCR Members,

Please find the latest list of all active deals at GCR for the week of Sep 23! If you are interested in any of the deals below, please indicate your interest by filling out this form.

We will start posting our deals in our Telegram group as well, so make sure to join for the latest updates!

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

2. Follow us on Twitter

3. Check out our Linktree for various social media platforms (e.g. TikTok, YouTube, etc.)

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: Celestia's leading liquid staking protocol launched in December 2023.

   • Fundraising & Valuation: $8M @ $100M FDV

   • Investors: Raised $5M seed round at 55m from Polychain, Binance Labs, and HackVC.

   • Discord link

2. DEAL #2

   • Description: An intent-based DLOB which allows orders with delegated liquidity.

   • Fundraising & Valuation: $2M @ $18M FDV

   • Investors: Previous investors: Solana Foundation (grant), Nom, MRGN Research, Ottersec, Mhonkasalo. Current Investors: Equillibrium(Lead), J17

   • Discord link

3. DEAL #3

   • Description: A new primitive to accelerate and scale Solana without state fragmentation. It introduces the concept of Ephemeral Roll Ups that are Just-in-Time, SVM-based runtimes that accelerate state transitions for selected Solana accounts.

   • Fundraising & Valuation: $7.5M at $60M FDV

   • Investors: Previous investors: $3M at a 40M valuation from a16z through their CSX program. Current Lead Investor: Lightspeed faction

   • Discord link

4. DEAL #4

   • Description: Is building the most Bitcoin-native DeFi platform possible, leveraging discreet log contracts (DLCs).

   • Fundraising & Valuation: $5M (Seed II)

   • Investors: N/A

   • Discord link

5. DEAL #5

   • Description: A decentralized PvP gaming platform that enables skill-based on-chain wagering, allowing players to compete in AAA games and beyond.

   • Fundraising & Valuation: $300K (SAFT) @ $6M

   • Investors: Soft commitment from Synapse Ventures and angel investors

   • Discord link