Singular led the funding round, with participation from Draper Associates and seed investors.
"Liquid State Intelligence took 15 years of science and 5 years of company-building to bring to life,"
Draper Associates is an investment firm known for early-stage bets on companies such as Tesla, Skype and Coinbase.
Portfolio
4
companies
Apoha
Apoha builds a behavioural data layer for molecular and material science.
Funderbeam
Funderbeam operates a global angel investing and trading platform for private assets.
Ledger
Ledger develops security solutions and hardware wallets for digital assets.
Old Street Digital
Old Street Digital builds institutional asset management products for digital assets.

Tim Draper
Tim serves as founding partner at Draper Associates and DFJ, alongside his role as headmaster at Draper University.
LinkedInSingular led the funding round, with participation from Draper Associates and seed investors.
"Liquid State Intelligence took 15 years of science and 5 years of company-building to bring to life,"
VentureWave is taking a strategic majority stake in Funderbeam as part of a £32m investment backed by Mistletoe, Draper Associates, and Kaidi Ruusalepp.
"This transaction creates a powerful platform to fast forward Funderbeam’s vision which is to serve venture investments across borders and create a unique secondary market for private assets. The timing of the transaction couldn’t be better – we are strong at a time when the market is ready for our solution"
Draper Associates led the seed round to support the launch of new institutional crypto funds.
"It’s humbling to be supported by investors who understand institutional fund management at the highest level and are backing us to deliver in crypto. Over the last 27 years I have managed money for many of the largest and most demanding institutional clients in the world. We intend to bring those lessons and disciplines, and align them with new technology and talent,"
The cryptocurrency security company has closed a Series B round backed by an international syndicate to support global expansion.
"It has been a pleasure working with Ledger, initially as seed investor and now as President. The size of the opportunity in a growing, fascinating market and the team of truly extraordinary individuals persuaded me to leave life as an investor and to re-join the corporate world. Growing this team with additional talents will be one of our main goals in the next few years."