EnigmaFund
Venturing. Advising. Building. Discovering uncharted territories.
EnigmaFund is an evergreen Web3-focused Venture Capital fund and advisory practice with a unique investment thesis.
Over the past 20 years, we’ve been delving into the deepest waters of creative discovery. Drenched and toned by the tides of innovation… dedicated to sharing and storytelling… we invite startups and fellow founders to huddle by the campfire with us and discover new shores approached via strategy and design.
Whether you buidl WEB3, design degen DAOs, DeFi, P2E, NFT or dive deep into new tokenomic territories… we’re listening, and are interested in being of service. We roll our sleeves up. We lean in.
Beyond being versed in the language of fundraising, product development, ever-shifting tectonic plates of cross-jurisdictional regulatory landscapes, creative direction or being steeped in strategy, we understand GRIT.
Most of all, we live to solve puzzles and celebrate the entrepreneurial journey of discovery.
OUR PROMISE:
You will streamline your business, product, team, tokenomics, and pitch to a level where you will be ready to raise capital and close clients.
We are your wartime and peacetime consiglieri.
Portfolio
Some of the companies that we have had the privilege of advising and investing in (equity/ token).
Avalanche - An open, programmable smart contracts platform for decentralized applications.
Movement Labs - Movement is a network of modular move-based, next generation blockchains.
Shardeum - EVM-based, linearly scalable smart contract platform, with dynamic state sharding.
AltLayer - A decentralized interlayer for rollups. Versatile, cusomizable rollups in a single click.
Ready Games - The most complete web3 game development tools - all games, on every platform, for every player.
ATOR - Building the largest Anonymity Layer for DePin, fighting for privacy and anonymity as a human right.
ZeroLend -The leading lending market on L2's. A user-friendly, frictionless experience to onboard masses to DeFi
Aether Games - Web3 Trading Card Game. Exclusive developer for billion dollar fantasy franchise
Magic Square - Discover, use, and manage all of WEB3. Engage with community in one place.
Entangle Protocol - The oracle centric sub-layer optimizing cross-chain liquidity
Near Blockchain - high-performance leading L1 blockchain. Super fast and infinitely scalable.
Acala - Backend infrastructure for traditional finance trusted by institutions like Coinbase.
NuCypher - Cryptographic Infrastructure for privacy-focused applications. Now a part of Threshold.
Ocean Protocol - The privacy-preserving data sharing protocol for A.I. and the new data economy
ARC - //Accellerating// - WEB3 developer suite with a Figma-like GUI and A.I. coding copilot
Formless - Decentralized distribution using Web3 peer-to-peer, pay-for-access micro-transactions.
Who we focus on.
WEB3 Teams.
We’re people first, product second. Teams are the source of all that springs true.
EnigmaFund is a venture studio and fund that focuses on WEB3 startups, with a focus on incubating early-stage founders, and those that need a turnaround strategy with execution.
Things getting hairy with bad actors or regulators? Bring it on.
We are not scared to roll our sleeves up. We thrive on it.
Ponderable Puzzles
We invest in these with mindshare and capital.
WEB3 / Crypto/ Blockchain
The world of WEB3 is ever growing and evolving, and we’re not just talking about crypto, DeFi, CeFi, L1s, L2s and so forth.
Entire financial, supply chain, social and cultural ecosystems are at the point of re-invention and re-imagination.
We’re not sitting on the sidelines.
NFT / Metaverse / Memes
PFP NFT was the tip of the spear and the edge of the wedge. The doors of NFT utility are being busted open as we speak. It’s clear that we are only peering through a crack, yet the light of opportunity is absolutely bursting with blinding intensity as unbridled creativity spills forth at the vertex of innovation, art, design, culture and technology.
Surprise us
Blow us away. Show us something new, even if it’s too early.
Turnarounds / Pivots
There is no shame, only a shared commitment to success.
We don’t always know as entrepreneurs what that looks like from the outset, but it can become clear in the strangest and darkest of times. We love turnarounds. We select them carefully and lean in to support entrepreneurs who find themselves in recursive corridors, or even in situations where they are extorted and abused. We also do this on behalf of investors, looking to save a business from poor decision-making.
After all: “… The road is long
With many a winding turn
That leads us to who knows where, who knows where…”
What we DON’T do:
Copycats, rugs
If you’re shilling us a blind copy of something else, or a rug we’re not your people. Even if there is money to be made, it’s not our wheelhouse.
Agriculture, mining (like digging holes in the ground mining)
While these are necessary and truly important, at this stage we simply don’t have the knowledge and wisdom to add value.
If we can’t add value, we don’t lean in.
Run from challenging situations
Things never go completely to plan. That’s where we’re often at our best… where most fear to tread, or leave good people behind as carrion for vultures and crows.
What to expect:
A swift due dilligence
We make decisions quickly. Time is money, and we acknowledge that with quick answers, very often delivered on the first messages or call.
Opportunities are limitless. We can’t take them all.
Our first and foremost decision is based on the founders and core team. A famous VC once intimated: “We have invested in many “A-class” teams with a “B-class” product. We have never invested in an “A-class” product with a “B-class” team.
Team. TAM/ SAM/ SOM. Stickiness. These are our criteria.
“Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.”
“Structure is king, Timing is Queen… and outcomes are the bastard children of the two”
– Sifu D., master of Tai Chi, Kung Fu and Tang Soo Do.
Make Contact
If you’ve read everything above (there may be a pop quiz), and are looking for partners in building the future of <b> [insert_innovation] </b>, then we’d love to hear from you.