L
Lily Zhang
Co-Founder
All funds
crypto
crypto
crypto
crypto
crypto
Analyst signals
Portfolio activity and matriculation
Metrics use all recorded activity through 22 Jul 2026 across pre seed, seed, strategic. Later-round outcomes are capped at the period end.
40%companies with a later round · 2/5
0.60×median round-size step-up · n=2
Not availablemedian valuation step-up · n=0
0%recorded-solo rate · 0 solo / 6 syndicated
Infrastructure · 2 companiesBlockchain Platforms · 1 companiesFinance · 1 companies
These are activity signals, not fund-return metrics. Round capital is the full disclosed financing amount, not this fund's check size. “Recorded solo” means only one investor is present in the source data and is a lead signal, not verified lead status; syndicated rounds are a co-investor or follower signal. IRR, TVPI, DPI, ownership, exits, and market beta cannot be calculated from the available records.
People
Team
S
Shun
Co-Founder
Portfolio
Investments
Full financing histories for portfolio companies. Highlighted rounds are those where D11-Labs is recorded as an investor.
Bool Network
Infrastructure
Bool Network is decentralized verification infrastructure for BTCFi. It uses Dynamic Hidden Committees (DHCs) to support verification and signing for cross-chain transfers, custodied assets, and oracle data uploads.
MYX Finance
Finance
MYX Finance operates a decentralized, permissionless perpetuals trading platform. Users can trade perpetual markets, create derivatives markets, and provide liquidity through stable vaults and high-yield pools.
Parasail
Infrastructure
Parasail is a restaking protocol providing on-chain economic endorsement for DePIN services. It connects established assets with DePIN service proofs to help infrastructure projects build trust, while enabling users to earn from infrastructure such as GPU networks, data centers, CDNs, and power grids.
Pell Network
Pell Network is the first decentralized, omnichain BTC Restaking Network. It provides a platform for users to scale their BTC yield through secure restaking and for developers to build new systems and applications by leveraging Bitcoin's security. Pell aims to enhance capital efficiency, lower development costs, and provide passive income opportunities for BTC holders.
Zulu Network
Blockchain Platforms
Zulu Network is a DePIN-focused Bitcoin Layer 2 that tokenizes computing power and enables Bitcoin-based DePIN innovation. It provides EVM compatibility, programmability, a bridge, and infrastructure for building and trading decentralized applications on Bitcoin.