Proof of Usefulness Report

Thena Capital

Analysis completed on 1/25/2026

+316
Proof of Usefulness Score
Certified Problem Solver

THENA Capital is a verified legitimate London-based Venture Capital fund investing in MedTech, with a £27M first close anchored by the British Business Bank. The project has high real-world utility and strong verifiable traction (LSE launch, significant capital raised). However, the specific submission provided contained low-quality, conflicting data (e.g., 'marketcap: 50000', user handle 'SilentBlade'), likely due to user error or confusion with a crypto token. The evaluation prioritizes the verified external reality of the VC fund over the poor submission details.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+106.25
Audience Reach Impact+50
Technical Innovation+22.5
Evidence Of Traction+106.25
Market Timing Relevance+45
Functional Completeness+2.5
Subtotal+332.5
Usefulness Multiplierx0.95
Final Score+316

Project Details

Project URL
Description
THENA Capital is supporting MedTech high growth companies that create transformative health experiences. Fund TCX-1 is focused on early stage digital and fast-tracked devices, backing businesses addressing key need spaces across care delivery, patient support, and medical product verticals, from chronic conditions, to women’s health, oncology, and mental health. THENA Capital aims to change the face of early stage medical technology investment through deep sector and commercialisation expertise.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline