What Is Menyala
Menyala is a venture builder founded by Temasek, a global investment firm headquartered in Singapore. We empower builders to drive technological shifts.
What Is The Role
As the EIR, you will spearhead the exploration, definition, and early execution of a DePIN distribution venture. With the freedom to shape the concept and execution, you'll guide the venture from problem identification through validation, prototype, and MVP phases. You'll collaborate with Menyala's advisors, insurance experts, and technologists to test assumptions, refine product-market fit, and build a foundation for scalable growth.
The DePIN ecosystem represents a paradigm shift in how physical infrastructure networks are built and operated, but faces a critical chicken-and-egg problem. While these networks promise to democratize infrastructure ownership and create new economic models, the high upfront hardware costs create a significant barrier to adoption. This bottleneck prevents networks from achieving the scale necessary to provide meaningful large scale value to stakeholders.
Current hardware production cycles are caught in a challenging loop - small batch sizes lead to high per-unit costs, which limit adoption, which in turn keeps batch sizes small. Without intervention, this cycle threatens to keep DePIN networks perpetually subscale. Traditional consumer financing options haven't adapted to these new models, leaving a gap in the market for innovative financial products that could accelerate network growth.
The opportunity lies in creating novel financing and distribution mechanisms that educate and incentivise consumers to partake in making new income through these projects. A Buy Now Pay Never model, where hardware/software costs are offset by future network earnings, could dramatically lower barriers to entry. Combined with additional services like insurance and maintenance packages, this could create a full-stack solution that mirrors the convenience of Web2 alternatives while preserving the unique economic benefits of decentralised networks.
As an Entrepreneur-in-Residence, you'll work alongside:
- Veteran Venture Architects who've built and scaled successful companies
- Product and Engineering teams with deep domain expertise
- Industry advisors who understand market dynamics and opportunities
- A network of potential customers, partners, and investors
What we offer:
- Structured venture-building methodology to validate and launch your concept
- Full stack of resources to accelerate from idea to funded company
- Clear path to seed funding for validated opportunities
- Deep expertise in Financial Services and Web3 markets
Ideal for:
- Seasoned entrepreneurs ready for their next venture
- Industry veterans with deep market insights
- Technical leaders who understand scalable solutions
- Domain experts passionate about solving real problems
