GCR Deal Update (Week of September 5, 2022)

Dear GCR Members,

Please find the latest list of all active deals at GCR for the week of September 5! 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.

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Best,

The GCR Core Team

Last Chance to Participate

1. Nillion (Closing early next week; last chance to participate)

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

   • Fundraising & Valuation: $14M at $180M valuation

   • Investors: Distributed Global, OP Crypto, Big Brain Holdings, etc.

   • Discord link

2. Obscuro (Closing early next week; last chance to participate)

   • Description: Layer 2 solution on Ethereum focused on privacy

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

   • Investors: Republic, Pragma Ventures, Squares Capital, Orca DAO, 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

Just Started Fundraising

1. Airchains

   • Description: Web3 toolkit for DApps

   • Fundraising & Valuation: $3.3M at $20M valuation

   • Investors: N/A

   • Discord link

2. Amihan

   • Description: Web3 game studio started by ex-Riot founders

   • Fundraising & Valuation: $5M at $25M valuation

   • Investors: Initial Capital, etc.

   • Discord link

1. Frontdoor (Deal Call on September 12th 11:00am ET)

   • Description: Professional market network for Web3 talent

   • Fundraising & Valuation: 1M GBP at 6.3M GBP valuation

   • Investors: Signature Ventures, etc.

   • Discord link

2. Bool Ventures (Deal Call on September 14th 12:00pm ET)

   • Description: $4.2M investment fund started by the CoinList team

   • Fundraising & Valuation: Raising $4.2M

   • Investors: N/A

   • Discord link

3. Hibernate (Deal Call on September 15th 11:00am ET)

   • Description: Sleep-to-earn consumer application

   • Fundraising & Valuation: $15M valuation

   • Investors: N/A

   • Discord link