03/11/2022
October 2022
Trust Machines
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Convrse
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DWallet Labs
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Convrse
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Plutoverse
Despite the market situation globally, the developer activity in the blockchain ecosystem continues to hold strong, indicating a resilient talent pool working towards developing breakthrough new projects. At Tykhe, we continue to invest in hand-picked projects that will shape the future of Web 3.0.
Our USP is that we can access exclusive investing opportunities in blockchain companies, otherwise not available to any traditional fund. This is largely thanks to our investment team that has been investing in blockchain since 2014 and have invested in 100+ companies over time.
Infact, just in the past few months, we have invested in the following companies, some of whom have already done a follow-on round, and are on track for a successful token launch in the next few years.
We would like to remind you that Tykhe Fund II is ongoing and against the size of $30 Mn, we already have received $10 Mn commitments, and we are going to announce our first-close shortly. Most of the companies we have invested in are already raising their follow-on round, so any LP who invests in our fund right now will get the valuation at par, and hence a higher stake in these companies. Post first-close, their valuation would be much dearer. The time is right!
In case you would like to make your investment or discuss any queries regarding the fund, kindly send a reply and I shall reach out to you.
Our Fund I had a peak AUM of 10X. With Fund II, and with blockchain technology becoming mainstream, we are looking for a much higher MOIC over the next 4 years. Especially when everyone from Citibank to Goldman, from Gartner to BCG have validated Web 3.0 to be a 25 trillion + space within this decade. The future is here.