We are excited to lead Liquorice's $1.2M pre-seed funding round. Liquorice developed a novel approach to connecting intent-based decentralized exchanges to a network of solvers and market makers through an API. With that, they are addressing some of the most pressing challenges in DeFi: enabling the optimal execution for traders by broadening the access for non-vertically integrated solvers to get offchain quotes.

Celo is an EVM-compatible L1 with a special focus on enabling global mobile-first peer-to-peer payments while remaining carbon-negative. As core contributors of the Celo blockchain, cLabs proposed transitioning from a standalone L1 to an Ethereum L2 in July. With this article, we first want to highlight Celo’s mission and values to then understand the aforementioned technical proposal and how it would differentiate Celo from existing L2s.

Greenfield is leading the latest $7M funding round for Panoptic. We believe that Panoptic is the next zero-to-one innovation in the DeFi realm. By building on top of Uniswap, Panoptic is not only trying to solve the trillion-dollar on-chain options problem but also enabling an entirely new set of possibilities to create novel financial products. Panoptic allows users to short LP positions and to long or short any on-chain asset via multi-leg options. It can ultimately increase the earnings of liquidity providers which deposit their LP positions into Panoptic to earn additional yield.

We are excited to co-lead the $7.4M Series A of Mangrove DAO together with Cumberland. We believe Mangrove’s unique approach to a decentralized exchange protocol and providing liquidity opens up a large design space for protocols to build on top.