Q1 2023 Portfolio NewsPortfolio
We’re a quarter into 2023 and when it comes to funding, the pullback from tech continues. However, just like winter provides the time and space to reflect and renew, a market downturn is the best time for heads down building without all the distractions of a super bull market.
With that said, here’s a selection of updates and progress from the V1 family over the past months. And with the emergence of spring, there’s a lot of good news to set up a great year of building.
Fundraises and accolades
Jobber closed $100M in Series D funding, amid strong demand from consumers for necessary “recession- or pandemic-proof” home services, like heating and plumbing.
EtherFi raised a $5.3M round, featuring participation from a total of 35 investors, to build a decentralized non-custodial staking solution. You can learn more about EtherFi and stay up to date with the latest on liquidity staking before their mainnet launch. All the details here.
Headout was featured as one of A16z’s Marketplace 100 list, which spotlights the new, rising marketplaces that will define the category in the coming years.
Product updates and launches
Patch teamed up with BCG on a new report that surveyed consumers on their sentiment and behavior around carbon credits, “The Next Frontier in Carbon Credits”. Download the report to better understand how to unlock the potential of consumer spending on climate action.
Defined revamped its NFT collections page.
Dabble announced that its images have been featured on every major e-commerce platform: Amazon, Shopify, Etsy, Wayfair, Pottery Barn, Crate & Barrel.
Flow launched Walletless Onboarding and Hybrid Custody to provide a more seamless path for mainstream users (especially in gaming) to begin their Web3 journey with familiar Web2 experiences.
Pickle Robot launched its truckloading robot arm at ProMat this month and also announced it raised $26M in 2021.
Nexus Mutual V2 is live on Ethereum mainnet. As founder Hugh Karp explained, “Businesses can now build on top of the Nexus Mutual protocol to share any risk–not just crypto-related risks. To me, this is what DeFi is all about–providing access to those who truly need it.” You can learn more here.
Uniswap introduced the mobile wallet, a completely self-custodial, open-source mobile app. It’s now available as a limited early release through Apple TestFlight.
Peaze is now live on Polygon, bringing secure, seamless and user-friendly non-custodial accounts to the ecosystem. With this collaboration, Polygon apps can now enable users to fund any or all of their transactions directly from their fiat payment methods.
Arweave 2.6 launched, bringing big updates to the permanent data storage network. You can read about all the upgrades here.
Ada is now available on the AWS marketplace worldwide. This will allow AWS customers to purchase Ada’s platform via AWS Marketplace and seamlessly deploy AI-powered customer service on all of their digital properties.
As always, you can stay up to date with Version One family news in real time by following us on Twitter.