£33.8M
The Series A round was led by a16z crypto with participation from a broad group of venture firms to expand the team and accelerate product rollout.
"We believe in computational liberty,"
a16z crypto + 9 others
C
CoinFund
Venture CapitalCoinFund is one of the longest-standing cryptonative investment firms and an early backer of Gensyn.
Portfolio
2
companies
By category
- AI/ML£33.8M
- FinTech£6.2M
By location
- London£40.0M
Portfolio companies
A
Archax
Archax operates a regulated digital asset exchange, brokerage and custodian for institutional investors.
G
Gensyn
Gensyn builds a decentralised compute protocol for artificial intelligence systems.
Team
Alex Felix
Managing Partner
Alex brings investment and financial analysis experience from roles at American Capital, RBS, and Bank of America Merrill Lynch, alongside co-founding CoinFund.
LinkedIn
Jake Brukhman
Founder
Jake brings engineering and investment experience from Amazon, Highbridge Capital Management, and CoinFund. He currently serves as founder and chief executive officer of CoinFund.
LinkedInRecent investments
£6.2M
The seed round drew backing from a group of digital and blockchain focused venture firms, including Alameda Research and CoinFund.
"Getting our FCA regulation in place and building the exchange platform were huge first milestones for us. But we obviously also needed the funding in place to meet our regulatory capital requirements to launch. To successfully close our seed raise, and beat our target in the process, was amazing – even more so when you consider the calibre of the VCs who have invested in us."