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Draft:Consensys Mesh

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Consensys AG, doing business as Consensys Mesh (or “Mesh” for short), is a private company  based in Switzerland that invests in blockchain technology. Founded in 2015[1] by Ethereum co-founder Joseph Lubin, Consensys Mesh works to promote the global adoption of decentralized technology by connecting the people, projects, and protocols building web3.

History

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Consensys Mesh was founded in 2015[2], originally doing business as ConsenSys (an abbreviation for “Consensus Systems,” referencing the consensus mechanisms underlying blockchain technology). The company quickly built a reputation as a pioneering blockchain company created to develop decentralized software services and applications based on the Ethereum blockchain using a venture studio model[3]. Over the years, ConsenSys became well known[4] for its innovative contributions to the Ethereum ecosystem, incubating projects like MetaMask, Gnosis, Gitcoin, and Infura. In 2020, ConsenSys spun out several of its infrastructure projects into a separate company, Consensys Software Inc. (now commonly referred to simply as “Consensys”). Consensys AG rebranded as Consensys Mesh the same year.

Consensys Mesh has a dynamic portfolio of over 170 investments. The projects within Consensys Mesh’s portfolio cover a diverse range of sectors including decentralized finance (DeFi), decentralized autonomous organizations (DAOs), infrastructure, art, social media, entertainment, gaming, and more.

Notable Portfolio Companies

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Consensys Mesh has over 170 companies in the portfolio and has been investing in the Ethereum ecosystem since its founding in 2015. Notable positions include:

Research & Development

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The Consensys Mesh Applied Research and Development team developed groundbreaking technologies and made numerous contributions to web3. The Applied R&D team, led by Robert Drost, grew out of the clear need to scale blockchains like Ethereum by helping solve the toughest challenges in usability, capacity, security, and performance. Mesh researchers contributed significantly[22] to the evolution of web3 protocols and ecosystems with several breakout teams focusing on enterprise zero-knowledge, gaming, identity, state channels, and the Ethereum ecosystem.

Tachyon

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Founded in 2017, Tachyon was the first dedicated web3 accelerator[23]. Through Tachyon, Consensys Mesh has helped nearly one hundred companies globally raise funds and launch.  

The program is run by the Consensys Mesh team with support from its network of web3 leaders, many of whom are alumni of the company. These leaders offer founders support and mentorship across a wide range of topics.

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Consensys Mesh is currently involved[24] in lawsuits in the United States and Switzerland due to the spin out of Consensys Software Inc. in 2020.

Notable Alumni

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Consensys Mesh has dozens of notable alumni who have gone on to make numerous significant contributions to the Ethereum and Web 3 ecosystem. Notable alumni include:

See Also

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https://www.mesh.xyz/

https://x.com/consensysmesh

References

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  1. ^ Doe-Bruce, Othalia (2019), Goutte, Stéphane; Guesmi, Khaled; Saadi, Samir (eds.), "Blockchain and Alternative Sources of Financing", Cryptofinance and Mechanisms of Exchange: The Making of Virtual Currency, Cham: Springer International Publishing, pp. 91–111, doi:10.1007/978-3-030-30738-7_6, ISBN 978-3-030-30738-7, retrieved 2024-10-30
  2. ^ Doe-Bruce, Othalia (2019), Goutte, Stéphane; Guesmi, Khaled; Saadi, Samir (eds.), "Blockchain and Alternative Sources of Financing", Cryptofinance and Mechanisms of Exchange: The Making of Virtual Currency, Cham: Springer International Publishing, pp. 91–111, doi:10.1007/978-3-030-30738-7_6, ISBN 978-3-030-30738-7, retrieved 2024-10-30
  3. ^ "Consensys Ventures".
  4. ^ Castillo, Michael del (2017-12-31). "Most Influential in Blockchain 2017 #5: Joe Lubin". www.coindesk.com. Retrieved 2024-10-30.
  5. ^ "AZTEC raised $2.1M Seed Funding on Nov 29, 2018". CypherHunter. Retrieved 2024-10-30.
  6. ^ McCaskill, Steve (2023-01-06). "Candy Digital secures fresh investment following Fanatics exit". SportsPro. Retrieved 2024-10-30.
  7. ^ Irwin, Decrypt / Kate (2022-04-07). "Community Gaming Raises $16 Million in Series A from Softbank, Animoca, Binance, ConsenSys". Decrypt. Retrieved 2024-10-30.
  8. ^ Staff, Decrypt / Decrypt (2022-05-03). "Decrypt Raises $10M and Spins Out as Independent Web3 Media Company". Decrypt. Retrieved 2024-10-30.
  9. ^ "DIMO raised $11.5M Series A Funding on Jan 16, 2024". CypherHunter. Retrieved 2024-10-30.
  10. ^ Dale, Brady (2021-07-13). "Interoperability Project Connext Raises $12M From 1kx, ConsenSys". www.coindesk.com. Retrieved 2024-10-30.
  11. ^ Benson, Decrypt / Jeff (2021-04-14). "Ethereum's Gitcoin Raises $11.3 Million, Spins Out of ConsenSys". Decrypt. Retrieved 2024-10-30.
  12. ^ "About Gnosis | Gnosis Help Center". help.gnosispay.com. Retrieved 2024-10-30.
  13. ^ "Monerium raises seed round from ConsenSys, Crowberry Capital, and Hof Holdings to issue e-money on blockchains". On-chain fiat. Retrieved 2024-10-30.
  14. ^ CashInvoice (2021-12-09). "Rho Raises $75M in Series B Funding". Funding SMEs (in Italian). Retrieved 2024-10-30.
  15. ^ Fischer, Sara (2023-12-09). "Decrypt Media and Rug Radio Aim to Combine Forces and Create [REDACTED], a Next Generation Media Conglomerate". www.axios.com. Archived from the original on 2023-12-09. Retrieved 2024-10-30.
  16. ^ "RULEMATCH Pre-Series A Funding". RULEMATCH. Retrieved 2024-10-30.
  17. ^ Sinclair, Sebastian (2022-07-12). "Gnosis Spinoff Safe Gets $100M To Further Ecosystem". Blockworks. Retrieved 2024-10-30.
  18. ^ Malwa, Shaurya (2020-06-04). "ConsenSys-backed Starkware is powering 9,000 transactions/second on this Ethereum-based DEX". CryptoSlate. Retrieved 2024-11-20.
  19. ^ Murphy, David (2023-10-26). "Threedium completes $11m Series A round". Mobile Marketing Magazine. Retrieved 2024-10-30.
  20. ^ Transak (2020-04-11). "Transak receives investment from Consensys and graduates from the Tachyon accelerator program". Medium. Retrieved 2024-10-30.
  21. ^ "WeatherXM Investors Partnerships: VC & Angel Leaders". weatherxm.com. 2023-09-13. Retrieved 2024-10-30.
  22. ^ Foxley, Christine Kim and William (2020-12-23). "Valid Points: Forget Staking, There Are Still Coins to Be Mined on PoW Ethereum". www.coindesk.com. Retrieved 2024-10-30.
  23. ^ N/A, NewsDesk (2018-06-25). "ConsenSys Ventures Introduces Tachyon Accelerator Program". UNLOCK Blockchain. Retrieved 2024-10-30.
  24. ^ Schreckinger, Ben (2022-12-19). "Legal fight over ownership of Web3 heats up". Politico. Retrieved 2024-11-20.{{cite web}}: CS1 maint: url-status (link)
  25. ^ "Brian Israel". Berkeley Law. Retrieved 2024-10-30.
  26. ^ "Dan Finlay". CypherHunter. Retrieved 2024-10-31.
  27. ^ "Decrypt: AI, Bitcoin, Culture, Gaming, and Crypto News". Decrypt. Retrieved 2024-10-31.
  28. ^ "Maggie Love". CypherHunter. Retrieved 2024-10-31.
  29. ^ Cuen, Leigh (2019-09-17). "Coinbase-Backed ConsenSys Alum Aims to Build GitHub for Web3". www.coindesk.com. Retrieved 2024-11-20.
  30. ^ "Blockworks". Blockworks. 2024-10-31. Retrieved 2024-10-31.
  31. ^ "Mo Shaikh | Milken Institute". milkeninstitute.org. Retrieved 2024-10-31.
  32. ^ "ConsenSys Mesh". CypherHunter. Retrieved 2024-10-31.
  33. ^ "Ryan Selkis | People Directory". CryptoSlate. Retrieved 2024-10-31.
  34. ^ "Founders in Focus: Wayne Chang of Spruce". www.okta.com. Retrieved 2024-10-31.