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- Speed, Scale and Simplicity: How the Sui Layer 1 is Redefining Web3
Speed, Scale and Simplicity: How the Sui Layer 1 is Redefining Web3
Welcome to UpRound by Brinc!
Each month, we’ll explore emerging industry trends, showcase exceptional founders, and present curated investment opportunities in our network.
Whether you’re here to stay informed, deepen your knowledge of angel investing, or discover promising startups, UpRound is here to keep you connected to the latest happenings across Brinc’s ecosystem.
Accredited investors can join our AngelList syndicate to access detailed investment memos from Brinc’s investment team. For qualified accredited investors interested in learning about venture investing, you can join below.
Blockchain Layer 1s
Sui: A Layer 1 Built for Speed, Scalability and Usability
Forget everything you know about blockchain bottlenecks. Sui, the high-performance Layer 1 blockchain from Mysten Labs, is rewriting the rules of what's possible in Web3. Born from Meta's Libra project and launched just 18 months ago, Sui has already seen its native token surge 5.4X, reaching a $45B market cap in 2024.
Why is Sui making waves? Three words: Speed, Scale, Simplicity.
While Bitcoin crawls at 7 transactions per second and Ethereum manages 12-15, Sui processes 1000s. Think Formula 1 versus horse and buggy. This breakthrough comes from parallel transaction processing – a fancy way of saying Sui can multitask at an unprecedented scale.
But raw speed isn't Sui's only trick. They've cracked two major blockchain headaches:
Developer Experience: Sui's secret weapon is the Move programming language. Move is designed for a world where digital assets need to be unique and owned, just like physical objects. On Sui, developers can write code that treats digital items like real-world objects - they can be owned, transferred, and protected naturally. Plus, Sui has supercharged Move to handle many operations in a single transaction, making everything faster and cheaper. The result? Developers can build complex applications with less code and fewer headaches.
User-Friendly Design: Remember struggling with MetaMask? Sui integrates with familiar platforms like Google and Facebook through ZKlogin. Your mom or dad could use it (seriously). Plus, transaction fees that won't make you wince.
The Brinc x Sui Power Move. We've teamed up to launch SuiHub Accelerator, giving ambitious startups:
Serious capital: Up to $200K in funding to fuel your vision
Elite support: 12 weeks of intensive mentorship and guidance
Power network: Direct access to CoinList, Ghaf Studios, and industry veterans
Technical firepower: Hands-on engineering support from the Sui team
The future of blockchain is fast, efficient, and user-friendly. In other words, the future is Sui.
UpRounds are companies in our portfolio that are raising new funding rounds at higher valuations. Our goal is to simply connect interested parties to these great companies. Simple as that.
Grounded
Vertical: Consumer
Description: Grounded is a plant-based consumer brand producing healthy, organic, all-natural dairy-free protein shakes, milks and other beverages. They are the #1 plant-based beverage in Whole Foods UK.
Round Details: Raising a $1.5M Pre-Series A round to support expansion into the US in partnership with Whole Foods US.
Pitch Deck
Pocket Clinic
Vertical: MedTech
Description: Pocket Clinic is developing a smartphone-controlled device to optimize diabetes treatment by tracking glucose, dispensing insulin, and delivering updates to caregivers.
Round Details: Raising a $1.5M Seed round with 50% committed.
Pitch Deck
Cellivate Technologies
Vertical: FoodTech
Description: Cellivate has developed proprietary technologies that accelerate the growth of cells for companies in the cultivated meat, cosmetics, and leather industries.
Round Details: Raising a $1.5M Seed round with 50% committed.
Pitch Deck
Interested in connecting with any of our portfolio companies above? Click below for a warm introduction.
Connect with the founders of Brinc’s Fall 2024 Climate Accelerator at our Investor Match-Up Day. These sessions offer a series of fast-paced 1:1 meetings for you to directly engage with as many founders as you choose. Don’t miss out:
Feb 11: 9:30 PM HKT | 2:30 PM CET | 8:30 AM ET
Feb 12: 10 AM HKT | Feb 11, 6 PM PT
Angel Academy #3
Venture Funds vs. Angel Syndicates
When diving into early-stage investing, you might wonder: What’s the difference between investing in a venture fund and joining an angel syndicate? Both paths let you participate in the growth of promising startups, but they’re very different in structure, decision-making, and accessibility.
In a venture fund, you hand over your money to a fund manager, who decides which startups to invest in. While this provides diversification and professional management, you don’t get a say in where your money goes. Angel syndicates, on the other hand, let you - the angel investor - call the shots. A syndicate lead brings you different investment opportunities, and you decide which ones to commit your capital to. This deal-by-deal flexibility gives you control to build a portfolio that matches your personal interests and risk tolerance.
Accessibility is another key difference. Venture funds often require large upfront commitments, often limiting them to ultra high-net-worth investors. Angel syndicates break down these barriers. With platforms like AngelList, you can start investing in exciting startups with as little as $1,000. This makes syndicates a great option if you’re new to angel investing and want to get started without committing huge amounts of capital.
Syndicates also offer a unique opportunity to learn. By evaluating deals and observing how experienced leads conduct due diligence, you’ll pick up valuable insights into what makes a startup worth investing in. Over time, this knowledge helps you refine your strategy and build a portfolio you’re proud of. With syndicates, you’re not just investing—you’re gaining experience, exercising control, and supporting groundbreaking companies that align with your goals.
Thanks for reading!