True Ventures — 2021 Investments

Rise Science develops RISE, a mobile app that tracks sleep and energy levels while providing personalized recommendations based on sleep debt and circadian rhythm science.

ConsumerHealthtechWellness & FitnessChicago, US

JKJeff Kahn(Founder)inLeon Sasson(Founder)

Co-investorsHIHigh AlphaFRFreestyle CapitalCHChicago VenturesFEFelicis VenturesHYHyde Park Venture PartnersSTStarting Line+1 more

Mystery Tackle Box sells fishing gear and lure kits for anglers, including the Pond Prowler cross-body sling bag pre-stocked with curated lures for pond, creek, and shoreline fishing.

ConsumerDirect to ConsumerE-commerceSports TechChicago, US

Ross Gordon(Executive Officer, Director, Promoter)Jeremy Gwynne(Executive Officer, Promoter)

Board seatJCJon Callaghan· per SEC Form D · $44M raise · filed Mar 2022

Co-investorsSTStarting Line

Art Blocks is a platform where artists publish generative art algorithms that mint unique on-chain artworks when collected.

Marfa, US

ECErick Calderon(Executive Officer, Director)in

Co-investorsCOCollab+CurrencyNANarcissus VenturesNXNxGenGAGalaxy Interactive

Bear Flag Robotics developed autonomous technology for farming before being acquired by John Deere in 2021.

Advanced ManufacturingAgTechRoboticsNew York City, US

ICIgino Cafiero(CEO)inADAubrey Donnellan(Founder)inIgino Cafiero Aubrey Donnellan(Founder)Andrew Deal(Senior Software Engineer)Keith Swett(Senior Software Engineer)Dave Bertucci(Senior System Engineer)

Co-investorsAGAgFunderEXExpansion Venture CapitalGRGraphene VenturesGRGreen Cow Venture CapitalINIndustrious VenturesLILiquid Ventures+12 more

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

Aniket Jindal(Founder)in

Co-investorsBIBitDAOBOBorderless VentureCOCoinbase VenturesCOCoinFundCRCreative Destruction Lab (CDL)D1D11-Labs+29 more

Carbo Culture develops carbon removal technology leveraging natural processes combined with advanced engineering to remove carbon dioxide from the atmosphere at scale.

AgTechCircular EconomyCleantechClimate TechDeep TechLondon, NL

HMHenrietta Moon(Founder)inChris Carstens(Founder)in

Co-investorsALAlumni VenturesAUAuxxoBLBlue Ivy VenturesBRBragiel BrothersCHCherry VenturesLILifeline Ventures+6 more

Crypto staking platform letting users stake tokens and participate in DeFi simultaneously.

Co-investorsGEGenblock CapitalCOCoinFund

DataChain builds machine learning data infrastructure, including tooling for versioning and managing data used in ML workflows.

AI & Machine LearningData & InfrastructureDeveloper ToolsSan Francisco, US

ISIvan Shcheklein(Co-Founder & CTO)inDPDmitry Petrov(Co-Founder & CEO)in

Co-investorsAFAfore CapitalWEWestern Technology Investment46468 CapitalITITERATIVELOLocus VenturesMUMUFG

Push Chain (formerly Push Protocol/EPNS) is a Layer 1 blockchain designed for "universal apps," letting developers build and deploy once while onboarding users from any chain without bridges and with gas payable in any token.

Crypto & Web3Developer ToolsFintech

RJRicha Joshi(Founder)in

Co-investorsBIBixin CapitalBIBixin VenturesBLBlack DragonBRBR CapitalNANarcissus VenturesRYRyze Labs+25 more

Fauna Bio applies AI and computational analysis to its proprietary biobank of data from extreme mammals such as hibernating species to identify drug targets that are conserved across species including humans.

AI & Machine LearningBiotechDeep TechHealthtechEmeryville, US

LGLinda Goodman(Founder)inAshley(CEO)

Co-investorsAGage1FAFarvatn VentureGAGaingelsGRGRIDS CapitalLILifeforce CapitalLILifespan Vision Ventures+8 more

Fixposition provides positioning and localization software, hardware modules, and sensor solutions for OEMs in robotics, agriculture, mining, and autonomous vehicle sectors.

AgTechHardwareIoTMobility & TransportationRoboticsSchlieren, CH

Co-investorsMOMomenta VenturesSESerpentine VenturesSISICTICAMAmino CapitalCUCultivation Capital

Flamingo DAO is a member-based collector DAO that acquires and holds NFTs and digital art, including CryptoPunks and generative art.

Co-investorsARArca FundsBRBR CapitalDEDeepTech VenturesDIDivergenceEXExpansion Venture CapitalGOGood Friends+5 more

Gradle Build Tool is a build automation tool for compiling, testing, packaging, and publishing software across ecosystems including JVM, Android, C/C++, Swift, and Objective-C.

Cloud ComputingData & InfrastructureDeveloper ToolsSaaS

HDHans Dockter(Founder)in

Co-investorsHEHeavybitBABain Capital VenturesDCDCVC (Data Collective)STStepstone GroupTRTriangle Peak Partners

Gridware provides real-time monitoring and visibility of electrical grid conditions through sensors deployed on power lines, enabling utilities and line workers to detect and respond to problems faster.

Advanced ManufacturingClimate TechEnergyEnterprise SoftwareHardwareIoTSan Francisco, US

TBTim Barat(Founder)inOBOmar B(Founder)inHCHall Chen(CTO)inTBTimothy Barat(Founder)inAbdulrahman Bin Omar(Founder)Kishan Emens(Senior Software Engineer)

Co-investorsAIAiSprouts VCANAnorak VenturesBRBragiel BrothersCOConvective CapitalFIFifty YearsHAHAWKTAIL+15 more

Iterative is an accelerator for startups in Southeast Asia that invests upfront upon admission, works with founders on their idea over a three-month cohort, and helps them prepare to raise a larger investment round via a Demo Day.

Sector Agnostic

HKHsu Ken Ooi(Founder, General Partner)inBMBrian Ma(Founder, General Partner)inHHHsu Han Ooi(Founder, Partner)in

Co-investorsJUJude GomilaSOSouth QuadWAWavemaker Partners46468 CapitalAFAfore CapitalBRBreyer Capital+4 more

Kettle builds machine learning models to predict climate change impacts on insurance markets and develops AI-powered insurance and reinsurance products.

AI & Machine LearningClimate TechInsurTech

IEIsaac Espinoza(Chief Executive Officer)inSLSon Le(Chief Technology Officer)Andrew Engler(Founder)Andrew Engler Nathaniel Manning(Founder)Nathaniel Manning(Founder)

PartnerADAdam D'Augelli· led

Co-investorsACAcrew CapitalALAlumni VenturesANAnthemis VentureFLFluent VenturesHOHomebrewINInspired Capital+2 more

Kettle operates an online marketplace for buying and trading luxury watches from brands such as Rolex, Omega, Audemars Piguet, and Tudor, with an authenticity guarantee for listed timepieces.

ConsumerE-commerceMarketplaces

Sean Parsons(Founder)in

Co-investorsPAParaFi CapitalPAParafi General FundACAcrew CapitalANAnthemis VentureDCDCVC (Data Collective)HOHomebrew+2 more

KEWAZO builds construction robotics for vertical material movement on job sites, including a battery-powered lifting robot that automates transporting scaffolding, insulation, paint, tools and other materials.

AI & Machine LearningConstruction TechHardwareRobotics

EGEkaterina Grib(Founder)inAKArtem Kuchukov(Founder)inLeonidas Pozikidis(Founder)in

Co-investorsATAtlas Ventures (UK)GAGaingelsMAMana VenturesSCSchooner CapitalUNUnorthodox VenturesBEBenson Capital+4 more

MedZero provides employee benefits solutions focused on reproductive health and fertility coverage.

FemTechHealthtechHR TechPortland, US

CFCRAIG FROUDE(Executive Officer, Director, Promoter)inHMHOWARD MICHALSKI(Executive Officer, Director, Promoter)in

Co-investorsBLBlue Hour VenturesELElevate CapitalGRGrand VenturesNUNueterra CapitalRORoyal Street Ventures Management Company, LlcJUJumpstart Nova

Neon Labs develops technology to bridge Ethereum Virtual Machine (EVM) applications with the Solana blockchain, aiming to make Web3 transactions faster and cheaper.

Crypto & Web3Data & InfrastructureDeveloper ToolsGrand Cayman

Petrus Dorfling Basson(Executive Officer, Director)Marina Guryeva(Executive Officer, Director)David Charles Lloyd(Executive Officer, Director)

Co-investorsADAdvanced BlockchainBOBollinger Investment GroupIMImpossible FinanceNXNxGenPUPuzzle VenturesRORockawayX+5 more

Pendulum is a probiotic and prebiotic supplement company that develops clinically-tested products targeting gut health, metabolic function, and glucose control, including proprietary strains like live Akkermansia.

HealthtechWellness & Fitness

Co-investorsATATEL VenturesCRCross-Border Impact VenturesDCDCVC (Data Collective)FEFelicis VenturesLOLowercarbon CapitalSESequoia Capital+3 more

Sharethrough operated a programmatic advertising exchange and supply-side platform specializing in native, video, display, and CTV ad inventory for publishers and advertisers.

Montreal

Dan Greenberg(CoFounder)Louis-Charles Genest(Executive Officer)Daniel Greenberg(Executive Officer, Promoter)Jean-Francois Cote(Executive Officer, Director, Promoter)Martin Tremblay(Director)Paul Ross(Director)

Co-investorsFOFocus Opportunity Fund

Stader Labs is a non-custodial, smart-contract-based liquid staking platform that lets users stake crypto assets across multiple Proof-of-Stake networks while retaining liquidity through tokenized staked assets usable in DeFi protocols.

Crypto & Web3FintechSingapore, SG

Amitej Gajjala(Founder)Dheeraj Borra(Founder)

Co-investorsACAccelBEBetter CapitalCOCoinbase VenturesPAPantera CapitalTRTriblockACAccel India+19 more

System is a Public Benefit Corporation building a systems-based architecture to organize the world's interconnected knowledge, powered by AI, for decision-making and resource allocation across health, climate, economy, and security sectors.

AI & Machine LearningData & InfrastructureHealthtechSector AgnosticNew York, US

ABAdam Bly(Founder)inGeorge Gregory(Executive Officer, Director)inTuna Oezer(Executive Officer, Director)

BoardJosh Wolfe(Director)AKAsad Khaliq(Director)in

Co-investorsACAcrew CapitalALAlpha Wave GlobalVAValia VenturesGAGame Changers VenturesLULux CapitalRERelay Ventures+1 more

Co-investorsSUSustainable Food Ventures808090 Industries

Co-investorsBLBlockchain Capital

Yousician is a music education app that teaches guitar, bass, ukulele, piano, and singing through interactive lessons, exercises, and songs, using audio-recognition technology that listens to a player and gives instant feedback on accuracy and timing.

ConsumerEdTechSaaS