/Investor DB

Mechanism Capital — 2021 Investments

11 investments dated 2021 · listed companies and verified rows first · show all

Ardanaardana.orgOct 2021 · $10M

Ardana is a decentralized finance (DeFi) project on the Cardana blockchain offering a US Dollar-pegged, collateral-backed stablecoin and related primitives such as borrowing against locked collateral and stablecoin swaps.

Crypto & Web3Fintech

Ryan Matovu(Founder)in

Co-investorsTenzor CapitalAscensive AssetscFundFMFWKronos ResearchMorningstar Ventures+2 more

BENQIbenqi.fi𝕏Apr 2021

BENQI is a decentralized finance protocol on the Avalanche blockchain offering liquid staking of AVAX (via sAVAX), lending and borrowing of crypto assets, and tools for bootstrapping validators.

Crypto & Web3Fintech

JD Gagnon(Founder)

Co-investorsArrington CapitalAscensive AssetsBorderless VentureDragonflyGenblock CapitalKane & Rao Group+6 more

Biconomybiconomy.ioin𝕏Jul 2021

Biconomy provides developer tools and APIs that handle transaction infrastructure for blockchain applications.

Aniket Jindal(Founder)in

Co-investorsBitDAOBorderless VentureCoinbase VenturesCoinFundCreative Destruction Lab (CDL)D11-Labs+29 more

Ember Swordembersword.com𝕏May 2021Defunct

Ember Sword is a social sandbox open-world MMORPG set in the fictional world of Thanabus, featuring class-based PvP/PvE combat and player-owned land and digital assets.

Crypto & Web3Gaming

Co-investorsBitDAOMantle NetworkMoon HoldingsMoonfire VenturesTaisu VenturesAnimoca Brands+4 more

Genopetsgenopets.me𝕏Dec 2021

Genopets is a mobile game that incentivizes physical activity and real-world movement by connecting players' daily steps to gameplay progression and rewards.

ConsumerGamingWellness & Fitness

Albert Chen(Founder)Benjamin Tse(Founder)Jay Chang(Founder)

Co-investorsAlliance DAO (ex DeFi Alliance)Impossible FinanceKonvoy VenturesNext VenturesPantera CapitalSamsung Next+4 more

Naosnaos.financeJan 2021

NAOS Finance is a blockchain lending protocol connecting DeFi lenders with SME borrowers using tokenized real-world assets.

Co-investorsCoinbase VenturesSora VenturesYoubi CapitalAU21 CapitalCollider VenturesCrypto com Capital+11 more

Pendlependle.financein𝕏Apr 2021

Pendle is a crypto yield trading platform that lets users trade yield — including off-chain rates — with leverage, earn fixed yield, or take long positions on yield.

Crypto & Web3Fintech

TN Lee(Founder)

Co-investorsAlliance DAO (ex DeFi Alliance)Andromeda CapitalBitDAOBixin CapitalBixin VenturesCVP NoLimit+14 more

Pontem Networkpontem.networkin𝕏Jun 2021 · $4.5M

Pontem is a product development studio building blockchain products using the Move language on Aptos and other Layer 1 networks.

Crypto & Web3Developer ToolsFintech

Alejo Pinto(Founder)inArman Manukyanin

Co-investorsAlphaLab CapitalAlumni VenturesCaladanPantera CapitalVentureSouqWintermute+3 more

Upshotupshot.xyzMay 2021

Allora Labs builds decentralized AI infrastructure that gives developers access to a self-improving collective intelligence network.

AI & Machine LearningCrypto & Web3Data & InfrastructureBoston, US

Nicholas Emmons(Executive Officer, Director)Corbin Pon(Director)

BoardMichael Anderson(Director)

Co-investorsBlockchain CapitalCoinFundBlockchain CoinvestorsCollab+CurrencyFramework Venture PartnersFramework Ventures+5 more

XDEFI Walletxdefi.io𝕏Sep 2021Defunct

XDEFI, rebranding to Ctrl, offers a self-custody crypto wallet available as a Chrome extension and iOS/Android apps.

Crypto & Web3

Emile Dubié(Founder)in

Co-investorsCircle VenturesExtra WattsGenblock CapitalJustin “3LAU” BlauPlay VenturesRyze Labs+6 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Nameless

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.