Credibly Neutral Raises $5.5 Million in Funding Round
Credibly Neutral, a newly established crypto venture capital firm, has raised $5.5 million in a funding round from a group of investors, including the co-founders of Solana and Polygon blockchains, as well as the investment firm of Joe Lubin, co-founder of Ethereum and founder of ConsenSys. The firm was co-founded by Viktor Bunin, who leads the protocol operations team at Coinbase Cloud, and Lisa Cuesta Bunin, chief operating officer at Ethereum privacy startup Aztec Protocol.
About Credibly Neutral
Based in Brooklyn, New York, Credibly Neutral is an early-stage-focused fund that invests in protocols, infrastructure, and crypto software-as-a-service (SaaS) projects. The firm aims to invest between $50,000 and $250,000 in various areas, including layer 1 and 2 blockchains, decentralized finance (DeFi) protocols, developer tools, security software, analytics tools, and the necessary infrastructure required to transfer fiat in and out of crypto.
“Credible neutrality can be defined as transparent systems that create an equal playing field for all participants. We are passionate about investing in teams and communities who are building protocols, tools, and products that provide open access and fuel innovation,” said Lisa Cuesta Bunin in an email to CoinDesk.
Investors in the Funding Round
Anthony Sassano, author of Ethereum-focused Substack, Daily Gwei; Patricio Worthalter, founder of “proof of attendance” protocol POAP; Surojit Chatterjee, former chief product officer of crypto exchange Coinbase; Joe Lallouz and Aaron Henshaw, founders of blockchain infrastructure provider Bison Trails; Solana co-founders Anatoly Yakovenko and Raj Gokal; Mara Schmiedt, CEO of staking system Alluvial; Polygon co-founder Sandeep Nailwal, and Joe Lubin’s Ethereal Ventures were among the investors who participated in the funding round.