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, formal verification, high-throughput systems, AI infrastructure.
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 and vulnerability analysis.
Fuzzing, security assessments, and tooling across blockchain, AI, telecom, cloud, and mobile.
fuzzinglabs.comAligned
Financial products infrastructure on Ethereum.
ZK verification, 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 Argentina, Mexico, and Colombia. 8M+ citizens, 1.2M identities issued.
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.ioCraft
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
Vineyard and wine production.
Wine 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.cafePalermo Wine Club
Wine bar in Palermo, Buenos Aires.
Wine selection, food, and live music. Palermo Soho.
instagram.com/palermowineclubEscolaria
School management software.
Administration, enrollment, and daily school operations.
escolaria.comStabileo
Structural analysis software.
Calculation and modeling tools for civil engineering. Buildings, bridges, and infrastructure.
stabileo.comArcademy
Sports team training software.
Training programs and performance tracking for soccer and other sports.
arcademyteam.com
