
Alphabit Fund
Description
Alphabit Fund, established in 2017, positions itself as a prominent actively managed cryptocurrency and digital asset investment fund. Based in San Francisco, the fund's core mission revolves around advancing the overall development of the blockchain and digital asset ecosystem. It primarily focuses on identifying and investing in innovative projects within emerging sectors such as Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), Web3 infrastructure, and other foundational blockchain technologies. The fund's strategy emphasizes long-term value creation by supporting early-stage ventures with significant growth potential.
As an actively managed fund, Alphabit takes a hands-on approach, often providing strategic guidance and leveraging its extensive network within the crypto space to support its portfolio companies. Their investment thesis is centered on disruptive technologies that aim to solve real-world problems or create new paradigms within the digital economy. They are known for conducting thorough due diligence, seeking out projects with strong technical teams, clear roadmaps, and sustainable business models. This rigorous selection process allows them to build a diversified portfolio across various sub-sectors of the blockchain industry.
Since its inception, Alphabit Fund has become a significant player in the digital asset investment landscape. The fund has reportedly made over 100 investments across a wide array of blockchain projects, demonstrating its broad reach and commitment to the sector's growth. While specific check sizes can vary significantly depending on the stage and nature of the project, Alphabit typically deploys capital ranging from early-stage seed rounds to more substantial strategic investments. Their involvement often signals credibility and attracts further investment into the projects they back, underscoring their influence in the nascent but rapidly evolving digital asset space.
Investor Profile
Alphabit Fund has backed more than 45 startups, with 1 new investments in the last 12 months alone. The firm has led 14 rounds, about 31% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Initial Coin Offering, Series Unknown rounds (top funding stages).
- Majority of deals are located in United Kingdom, United States, Singapore.
- Strong thematic focus on Blockchain, Cryptocurrency, FinTech.
- Typical check size: $250K – $5M.
Stage Focus
- Seed (58%)
- Initial Coin Offering (20%)
- Series Unknown (18%)
- Undisclosed (2%)
- Series A (2%)
Country Focus
- United Kingdom (29%)
- United States (27%)
- Singapore (11%)
- Cayman Islands (7%)
- South Korea (4%)
- United Arab Emirates (4%)
- Seychelles (2%)
- Gibraltar (2%)
- Marshall Islands (2%)
- Italy (2%)
Industry Focus
- Blockchain
- Cryptocurrency
- Fintech
- Financial Services
- Information Technology
- Software
- Bitcoin
- Gaming
- Finance
- Web3
Frequently Asked Questions
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