Startup Elph secures $875K in pre-seed funding
The House Fund has backed a $875,000 pre-seed round for Elph, a startup co-founded by two EECS alumni: Ritik Malhotra (B.S. ’15) and Tanooj Luthra (B.S. ’13). Elph operates a portal for accessing decentralized apps known as Ethereum dApps. It provides a place to store digital assets (cryptocurrencies, tokens, collectibles), find dApps without having to scour the web, and use them natively. Elph also plans to roll out a software development tool to simplify the process of building dApps. The House Fund is a berkeley-based AI-focused startup accelerator.