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- Premoney 58: Direct Kinetic & Securo Finance
Premoney 58: Direct Kinetic & Securo Finance
A shift of focus to greentech...
Welcome to week 58…the market is turning around! Let’s support some highly impactful and ambitious founders.
🌿 A call for green-tech start-ups 🌿
I would love to feature & support more founders building in the green-tech space, and am also exploring shifting the platform and community around Premoney to focus only on companies building in the space. To start, I’ll aim to feature at least one greentech company in each upcoming Premoney issue.
Ask: Reply to this email if you…
Know founders building in greentech, agtech, foodtech etc. (or shoot over an intro)
Have experience investing in or building in greentech
Want to talk about how else Premoney could have the most impact in the greentech space.
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This weeks companies:
Company: Direct Kinetics
Founder: Ekhi Muniategui
Raise Details: Raising $5M Seed, 30% committed
Vertical: 🌿 Green Tech 🌿, Hardware, Energy Tech,
Business Model: B2B
1-Liner: Direct Kinetic Solutions is making everlasting power available for all portable devices.
Description: At Direct Kinetic Solutions we specialize in powering complex missions in tough environments for decades. We leverage the amazing energy density of our base materials to develop compact, reliable, and safe power sources that can monitor the polar caps for decades, track location of high-value assets for the DoD, and double the life of a small satellite mission.
Traction indicators:
$3.4 million + of DoD contracts to date.
Mix of SBIR, OTA, and others.
Company: Securo Finance
Founder: Victor Lee
Raise Details: Raising $700k @ $10m cap
50% committed
$100k follow-up investments from Alphabit and Huobi incubation.
Vertical: API, Crypto, Fintech
Business Model: B2B2C, Commission, Revenue Share
1-Liner: Securo Finance simplifies crypto investing with DeFi indices, with all-in-1 dashboard and API integration - “Stripe for DeFi”
Description: 9 of 10 crypto investors are frustrated with DeFi. We suffer the same problem when we are investing into different DeFi protocols on multiple blockchain networks. Family offices and crypto funds are looking for DeFi investments exposure and struggle with smart-contract complexity, security, compliance and regulation, globally.
Securo is an all-in-1 DeFi infrastructure protocol for investors and funds to invest & manage their DeFi investment portfolios. The smart contract strategies deploy the $ to the respective smart contract pool on-chain, yield farm and auto-compounds for investors, automatically.
Traction Indicators:
600 retail users
170% in profit growth & 150% in TVL growth.
Accelerated by Techstars
50 customers signup on waitlist
Thats all for this week!
Jake