Garuda Ventures

We are excited to announce Monark's partnership with Vested Finance, enabling seamless access to Private Markets. Vested Finance, an SEC-Registered Investment Advisor enabling Indian Investors to access global financial markets, launched their Private Market Investing Platform powered by Monark's APIs in July of this year. Since launch, we have been honored to work closely with the incredible team at Vested, improving the investor experience for clients and making private market access a seamless experience within the Vested platform. With successful SPVs closed in SpaceX, Perplexity, Stripe and more, we are seeing continued demand from the Vested client base to access private markets. Thank you to Viram Shah, Rupanshi Bajaj, Scott Brody and the team at Vested Finance for your partnership. We are excited to continue working to expand access to private markets across more asset classes for investors on the Vested platform. Read more about the partnership here: https://lnkd.in/eKEp7nfa

✨Archive Intel has raised $6.3M in Series A funding!✨ We’re on a mission to help regulated businesses manage compliance with confidence. Through intelligent automation and innovative technology, we simplify the complexities to provide peace of mind. In April 2024, we launched Archive Intel because we saw how traditional archiving solutions were failing modern businesses. Too rigid, too generic, too disconnected from the realities of day-to-day operations. We believed there was a better way. Since launching 18 months ago, we've: 🤝 Helped 500+ firms and 7000+ users reduce manual review by up to 85% and cut false compliance flags by 99%, giving teams faster and more accurate supervision. 🚀 Launched AI Marketing Review, streamlining marketing compliance review and approval in accordance with the SEC and FINRA Marketing Rules 🔐 Achieved SOC II Type II certification, underscoring our unwavering commitment to data security and operational excellence 📱 Created an all-in-one communications archiving solution with over a dozen integrations, including iMessage for BYOD texting And we’re just getting started. With this new funding, we’ll double down on our investments in AI and accelerate development of new solutions, including trade monitoring, attestations, and AI agents for proactive compliance. Check out the full press release here: https://hubs.li/Q03LSgzf0 Gray Line Partners Social Leverage Garuda Ventures Eddie Kang Larry Shumbres Shea Werner Jodi Shumbres Laura Kimble Katie Gervase

When we started Mesta, the vision was clear: reimagine cross-border payments so enterprises don’t have to choose between speed, cost, and compliance. Today, I’m proud to share that we’ve raised a $5.5M seed round – led by Village Global, with participation from Circle Ventures, Paxos, Western Technology Investment (WTI), Draft Ventures, Tomahawk VC, Rally Cap VC, and Vera Equity. Our earliest supporters include Garuda Ventures, Canonical Crypto, Everywhere Ventures, and Inventum Ventures. In less than a year since launch, Mesta, the Global Fiat + Stablecoin Payment Network, has powered $140M+ in Total Payment Volume, and currently executing an average of $3M per day, proving the strength of our rails and the trust of our early customers. And what a fortuitous moment in time. A year ago, at Token2049, Mesta was just stepping out of stealth – with vision, ambition, and a network full of promise. Fast forward to today: we stand in the same place, but with a product that’s proven, trusted, and built for scale. Reliability isn’t a claim anymore; it’s our reality. And this milestone is only the beginning. Because lives change when money moves around the world – from payrolls to employees and freelancers that change the fortunes of families, to businesses scaling globally, to fintechs building new products on our rails. That’s the mission we wake up to every day. Grateful to our investors, customers, and team for believing in this journey. The work of rewiring global payments is only just beginning. https://lnkd.in/gkkbyYKf #SeedFunding #GlobalPayments #Mesta #FiatandStablecoins #FintechInnovation Garuda Ventures Village Global Canonical Western Technology Investment Everywhere Ventures Rally Cap VC Tomahawk.VC Inventum Ventures Vera Equity Draft Ventures Circle Paxos

Rishi and I are thrilled to share the exciting news that our portfolio company Atero AI has been acquired by Crusoe! Atero, led by the incredibly talented Alon and Omer, operated in stealth for the entirety of its existence (hence this is the first time we at Garuda Ventures are writing about the company :) The team applied their expertise in memory utilization to build proprietary technology for GPU utilization, workload orchestration, and inference optimization. As demand for GPU workloads continues to grow at an incredible rate, with no end in sight for both training and inference, technologies that can help GPU cloud providers optimize their performance become increasingly critical. This made Atero a strong strategic fit with Crusoe. Crusoe is on the short list of critical AI infrastructure providers that are emerging to meet this overwhelming demand for compute as the great AI buildout continues. Crusoe is the industry’s first vertically integrated AI infrastructure provider, powering the AI revolution with a unique energy-first approach. They are also developing the massive Abilene, Texas AI data center that will eventually be one of the largest computing clusters in the world, with capacity for 1.2 Gigawatts of power and designed to house up to 400,000 Nvidia GB200 GPUs. Atero’s technology and team will enhance Crusoe’s inference services and build the foundation for differentiated managed AI services offering to maximize performance and efficiency. We were fortunate to partner with the Atero team from the very beginning. It started with an intro from a trusted node in our operator network who was working with Alon back when he was building his prior company. We stayed close and supported him as he transitioned to focusing on Atero, and pulled together a round led by Tobias and our friends at Primary Venture Partners and top tier operators and angels. Thank you to Alon and Omer for allowing us to partner with you on this journey. We are excited to continue partnering with you as you build Crusoe into the foundational AI infrastructure company of the future! Let’s go! https://lnkd.in/g-ypS5cH

There’s so much happening at Mesta right now that I felt the need to pause and just take it all in. What started as an idea to make cross-border payments faster and more efficient is now a living, breathing global network. We’re not just moving money; we’re removing friction, unlocking access, and changing lives. In the past few weeks alone: • We enabled seamless on-ramps and off-ramps to/from USDC and USDT from/to USD, EUR, and GBP for multiple customers • We’re powering real-time payments for bill payments and payroll in USD, EUR, GBP, AUD, INR, SGD, and across Latin America – every single day • We completed our single biggest transaction yet – $850K from USD to USDT, settled in minutes We delivered all of this with pricing that’s hard to match, speeds that delighted our customers, and enterprise-grade precision. But numbers don’t tell the whole story. People do. A fortnight ago, a customer reached out to us at 7:30 AM PDT. By 12:30 PM, they were onboarded, verified, set up – and we executed $1M in payments. Their response? Pure disbelief. That’s what happens when trust meets execution. I’m so proud of our team – not just for building fast, but for caring deeply. Our compliance team moves with urgency. Our ops team treats customer pain like their own. It’s humbling to watch. To our customers – thank you for betting on us. To our investors – thank you for backing us. To the team – thank you for breathing the vision every moment of the journey. We’re just getting started. More currencies. More flows. More impact coming soon. Let’s rewire the world of payments together. #Stablecoinsandfiat #Fintech #Payments #GlobalMoneyMovement #crossborderpayments #futureofpayments #mestapaymentnetwork

Thrilled to share that Mastra is now Apache 2.0 licensed! We started with ELv2 in January, but developers at larger orgs kept asking for a more permissive license (even if we gave them verbal permission to fork and modify.) We were only worried about a larger player taking the work and running with it in a closed source way. But great developer tools are all about removing friction! And today Mastra is big enough to switch to Apache 2.0. I firmly believe open-source is one of the most powerful forces for innovation on the planet. It lets us build together across borders, across timezones, across languages. And so: here's to open source! 🚀🚀🚀

Go Arcade.dev!! 🚀🚀 We Garuda Ventures are thrilled to be investors, and I’m even happier for my friend Alex Salazar and his A+ team.