We’re stepping into the Year of the Horse with gratitude and momentum. Wishing everyone a Happy New Year. We’re excited to share Fund II: 12 Months In. Fund II Overview Launched in Dec 2024. ~300 startups reviewed. 20 backed. 62% sourced via outreach. 55% at seed stage. By end of 2025 🔹 4.4x gross MOIC 🔹 341% gross IRR 🔹 50% of the portfolio has raised follow-on rounds at higher valuations 2025 Dealflow Insights: In 2025, our investment team operated a high volume, global sourcing engine across Web3 infrastructure and frontier technology, reviewing hundreds of opportunities while continuously refining our early stage evaluation framework, with a focus on disciplined screening, strong founder conviction, and scalable technical foundations. 👉🏻 x.com/gate_ventures/status/201...… Volatility creates entry. Discipline creates outcomes. We are actively deploying. (As of Dec 31, 2025)