This week on Veck

Hey everyone. The market is not feeling well and we can even see it based on investors' activity on socials. Or is it just summer?

As usual, we're sharing a select few of the web3 deals we've spotted this week using Veck.

For feedback, ideas about the newsletter, or questions about Veck, feel free to reach out to me on Telegram @yneehs or via email at [email protected].

Some of the trending projects

Theo → the first framework for users to seamlessly leverage positions between any protocol. Interest from > 9 VCs the last week: IOSG, Spartan, Robot Ventures, Bankless VC, Seed Club and others.

B3 → a horizontally scaled gaming ecosystem built on Base. Growing interest from Coinbase Ventures, Archetype, SevenX, Sfermion and others.

LayerN → execution layer for rollups, with focus on DeFi. Active interactions with team members from Hack VC, LongHash, Draper, Galaxy, Founders Fund and others. The team is probably getting ready to raise their Series A.

APriori → MEV research for parallel EVM. building on Monad. Recent interactions with Paradigm, Figment, Modular Capital, R89, Fabric and others.

Some of the projects raising now

Astria → a shared sequencing network that allows many rollups to share a single decentralized network of sequencers. Raising now according to our signals. Talking with Modular Capital and Electric Capital

OpenLayer → a modular authentic data layer. Backed by Geometry, a16z CSX and LongHash. Raising now, interactions with Galaxy, Fenbushi, IOSG and others.

Limitless → the social predictions protocol. Interactions with a16z crypto team members.

Some of the very early projects

Oscillator Inc. → a music protocol. a16z crypto, Plaintext and Mechanism Capital.

Eidon AI → Decentralised AI Data Availability & Restaking. Interest from Framework, Pantera Capital and Syncracy Capital.

Proofof → AI Attestor. Create onchain and user-owned proofs for your offchain/IRL life. Interactions with a16z crypto and DCG.

Suave → Seamlessly accept any crypto across all chains and receive the token of your choice. Talking to Ribbit Capital and Dragonfly.

LMAO → Memecoins trading / launchpad in Stealth. Built by Suki Yang, we’ve seen her before in this newsletter as a Founder building in Stealth. Interest from R89, Placeholder, Electric Capital, Galaxy, Spartan.

Have a great week!