Thesis
Ergodic Group is a privately held permanent capital group that builds and acquires businesses where repetition improves typical outcomes. We operate with long term ownership, direct involvement, and a bias toward continuity over cycles. Time is treated as an information process: it reveals quality, compounds judgment, and exposes fragile structures.
Our work runs across four connected domains: Code turns logic into reliable systems under stress. Finance aligns capital with mathematical discipline and operational reality. Culture preserves standards and direction across time and participation. Craft makes quality legible through materials, precision, and repeated execution. Ergodicity is the filter: where repetition compounds capability, time becomes an advantage.
Read the full framework in Theory, and see how we work in Working with founders.
Portfolio
Code
Lambda
Venture studio. Distributed systems, cryptography, compilers, game development.
Ethereum execution clients, STARK provers, Cairo VM, and verification systems.
lambdaclass.comSur
On-chain local currency infrastructure for Latin America.
Joint venture between Lemon and Lambda. Argentine peso and regional currencies on Ethereum.
sur.moneyFuzzingLabs
Security research for blockchain and AI infrastructure.
Vulnerability research, fuzzing tooling, and security assessments. Open-source tools for Cairo, Starknet, and EVM environments.
fuzzinglabs.comAligned
ZK verification infrastructure on Ethereum.
Verification layer, rollup infrastructure, and tooling for provable applications.
alignedlayer.comSovra
Decentralized identity infrastructure for government deployments.
Verifiable credentials on a ZK-rollup backbone. Privacy-first architecture. Deployed in Buenos Aires for 3.6 million residents.
sovra.ioFinance, Mathematics & Research
3MI Labs
Cryptography research. Privacy-preserving computation.
Multi-party computation, distributed protocols, and zero-knowledge systems.
3milabs.techErgodic Fund
Pre-seed and seed venture fund.
Early-stage investment in technical founders.
ergodicfund.comPol Finance
Investment platform for emerging market operators and allocators.
Allocation, reporting, and long-horizon decision support.
pol.financeLevenue
Revenue-based financing for subscription businesses.
Non-dilutive capital advanced against recurring revenue. No equity, no governance rights.
levenue.comCresium
Business banking for Argentine SMEs.
Collections reconciliation, programmed payments, multi-user treasury access, yield accounts.
cresium.comCulture
421 (Cuatroveintiuno)
Editorial and cultural platform.
Long-form work on technology, culture, and institutions.
421.newsBellolandia
Animation and illustration studio.
Illustration, animation, and interactive media. Producing Electro Andes.
bellolandia.comLCB Game Studio
Independent game development.
Pixel Pulps series. Self-published narrative games.
lcbgamestudio.itch.ioLambda Forge
Game studio. Kenzu: Shadow and Light.
Hand-drawn metroidvania in development. Published devlogs and playable builds.
lambdaforge.itch.ioArcademy
Technical training and talent placement.
Training programs for engineers. Placement with international teams.
arcademyteam.comCraft
Burgschneider
Medieval clothing, equipment, and events.
Reenactment garments since the early 2000s. Official Lord of the Rings license. Events across Europe and the US.
burgschneider.comLaderas de los Andes
Boutique vineyard and wine production.
Small-lot production in the Argentine foothills.
bodegaladeras.comFruto Cafe
Specialty coffee roastery and cafe.
Direct trade. In-house roasting. Two locations in Buenos Aires.
instagram.com/fruto.cafeHigh Mobility
Performance training and rehabilitation.
Training and rehabilitation in Buenos Aires.
highmobility.com.arPalermo Wine Club
Wine education and collector community.
Tastings, education, and collector events in Buenos Aires.
instagram.com/palermowineclub
