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GD

Galaxy Digital

Venture Capital

Portfolio

2

companies


Portfolio companies

G

Gensyn

Gensyn builds a decentralised compute protocol for artificial intelligence systems.

R

Ramp

Ramp offers a cohort-based forecasting platform designed to modernise financial planning for finance teams.


Team

Jon Kol

Jon Kol

Co-leader of Venture investments

Jon serves as chief executive officer at Abacus Works, having previously managed venture investments at Galaxy Digital. His background includes roles on the investment team at Passport Capital and as a fixed income analyst at Morgan Stanley.

LinkedIn

Recent investments

Seed
£4.8M

Eden Block led the seed round to support the development of a trustless compute network for deep learning.

"Deep learning has revolutionised diverse areas from facial recognition to spy plane radar operation. The core concepts emerged in the ‘50s, but the last decade has seen real world application grow sharply – and this will only increase. With this scale comes existential questions about our work, life, and identity. This, along with ballooning demand for hardware – and fat margins – is why the usual names like AWS and Azure have fought to command such high market share. The result is a market which is more expensive and places control of who-gets-what in the hands of centralised entities. We’ve spoken to a number of companies with staggering cloud compute bills who struggle to purchase outright the hardware that they need; so we designed a better way – superior on price, with unlimited scalability, and no gatekeepers."
— Harry Grieve, Co-founder
Seed
$10.1M

The seed round was led by NfX and Galaxy Digital to support global expansion and team growth.

"Few things are as impactful on economic growth, the human effort, and technological innovation as financial services. If we’re to continue to grow as a society, we need to make sure our financial systems are following suit. Crypto is one of the most promising technological frontiers for advancing finance and payments. For years however, the industry was focused on speculation, creating products like crypto exchanges. Unlocking crypto’s use cases seemed like an afterthought. Now we feel it’s time for the industry to start delivering useful applications and Ramp is here to make the mainstream transition to crypto much easier."
— Szymon Sypniewicz, CEO