Publications
- _Investments
At Greenfield we have been investing in decentralized finance for a while and continue to be amazed by the pace of innovation and adoption. We are excited to share that we have backed Idle Finance in a $1.2m. Seed round together with Gumi Crypto, Quantstamp, Dialectic Capital, The LAO, and more.
- _Investments
We are excited to share that we are backing Multis in a $2.2m seed round together with YCombinator, Coinbase, Digital Currency Group, White Star Capital and eFounders. Multis is building a crypto-first business banking platform featuring a powerful interface to manage crypto assets and access decentralized finance (DeFi) protocols.
- _Research
Last year we at Greenfield were searching for a comprehensive document to get an overview on various governance approaches applied by blockchain projects, ideally in one source — but we could not find anything, so we decided to create it ourselves. This post lays out conclusions from the paper, which is linked in full at the bottom.
- _Investments
We are excited to back the 1inch team in a $2.8m seed round led by Binance Labs, as well as participation by Galaxy Digital, Libertus Capital, Dragonfly Capital, FTX, IOSG, LAUNCHub Ventures and Loi Luu (founder of Kyber Network). 1inch is a decentralized exchange (DEX) aggregator offering traders highly competitive prices by splitting orders among multiple DEXes in one single transaction.
- _Investments
We are excited to share today that we have joined Dapper Lab’s recent $11.3m funding round alongside USV, a16z, AppWorks, Samsung NEXT, Coinbase Ventures, Venrock, Accomplice and others. The team is building a scalable layer 1 blockchain, initially focused on gaming and entertainment.
- _Investments
Earlier this week NEAR Protocol announced their latest $21.6m. funding round led by a16z — with Greenfield we also participated again after having invested in their previous round back in 2019. This is a huge milestone for the team but not only that, equally important the team launched the first phase of their mainnet during this week’s Ready Layer One conference.
- _Research
At Greenfield we invest in early developer teams building towards an open, decentralized and more robust architecture of tomorrow’s web. Celo is an open platform which is based on the building blocks of decentralized, censorship resistant, stable digital & programmable money as well as self-sovereign identity — Celo makes financial tools accessible to anyone with a mobile phone.
- _Investments
We are really happy to share today that we have joined Vega’s recent $5M seed round alongside Pantera Capital, Hashed, Xpring (Ripple), gumi Crypto, Rockaway Blockchain, Monday Capital and a few others. Vega is building the first decentralized derivatives protocol designed for safe and non-custodial margin trading, with sophisticated risk management rules enforced by the network.
- _Team_Updates
During last week’s Berlin Blockchain week we held the first annual Greenfield Summit at the Soho House Berlin, an invite-only gathering of more than 80 industry experts. We invited some of our portfolio founders, co-investors and other thinkers in the crypto space to discuss the opportunity behind this emerging asset class.
- _Investments
We are really happy to share the news today that we have recently joined Metastable, Pantera Capital, ACapital, Accomplice, Multicoin Capital, Coinbase Ventures, Scalar Capital, Amplify Partners and a few others in the $12.1m financing round of Near, creators of NEAR Protocol.