Sector Thesis · Philosophy
L1/L2 Infrastructure.
Modular execution, privacy primitives, and cross-chain demand-led infrastructure — bets placed on technical edge, not narrative.
Allocation · ~20%
01 / What we fund
01Modular execution and data-availability layers.
02Privacy infrastructure — ZK and FHE primitives with real applications.
03Cross-chain primitives with verified demand from production traffic.
04App-specific chains with product-market fit that predates the chain.
02 / What we pass on
01New general-purpose L1s without unique technical edge.
02“Faster Ethereum” pitches without a throughput-bound use case to fill them.
03Rollups built ahead of the product demand to justify them.
03 / In our portfolio
Where we've already deployed.
Nillion
Privasea
Cluster Network
Cluster Protocol
Glacier Network
Patex
Nuklai
Optopia
Lumoz
Other sectors