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MC

Mechanism Capital

Venture Capital

Portfolio

2

companies

By category

  • Blockchain£7.9M
  • FinTech£4.5M

By location

  • London£12.4M

Portfolio companies

DC

Distributed Crafts

Distributed Crafts develops a hybrid Layer-2 network powered by Bitcoin and Ethereum.

XW

XDEFI Wallet

XDEFI Wallet builds a multi-chain browser wallet designed for decentralized finance and non-fungible token participants.


Team

AK

Andrew Kang

General Partner

Andrew serves as chief executive officer at RoboStrategy and general partner at Mechanism Capital. He previously held the role of managing partner at Mechanism Capital.

LinkedIn

Recent investments

Seed
£7.9M

The seed round was led by Castle Island Ventures to support the rollout of a hybrid Layer-2 network powered by Bitcoin and Ethereum.

"We’re thrilled to have the support of such esteemed investors who share our vision for the future of Web3 innovation by combining the best of Bitcoin and Ethereum."
— Alexei Zamyatin, Co-Founder
Series A
£4.5M

Mechanism Capital led the Series A round to support new blockchain integrations and product development.

"The crypto landscape has gone through immense change in the last year through the explosion of DeFi, NFTs, and Multichain ecosystems. We are excited to back the XDEFI team, which built a beautiful product for users to take full advantage of the true Web3 experience."
— Andrew Kang, General Partner