London-based Catapult raised $5 million in a seed round led by Blockchain Capital. 

Investors in the round also include Eden Block, Orange DAO and Reverie as well as several angel investors from leading crypto startups, including Aave’s Stani Kulechov and Teller’s Ryan Berken, according to an announcement. 

The startup, which was co-founded in 2021 by Rav Singh Sandhu and Greg Wilsenach as part of the Entrepreneur First program, aims to provide infrastructure that will enable better coordination in decentralized organizations by providing more context about their members in a pseudonymous manner. 

(by Kari McMahon)