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Alphabit Fund

North America, California, United States, San Francisco

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Alphabit Fund frequently co-invest with?

LD Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 3
BlockVC
Asia, Beijing, China, Beijing
Co-Investments: 3
GBIC
North America, New York, United States, New York
Co-Investments: 5
Moonrock Capital
Europe, Bayern, Germany, Munich
Co-Investments: 4
MV
North America, West Virginia, United States, London
Co-Investments: 3
Launchpool
Europe, England, United Kingdom, London
Co-Investments: 6
AU21 Capital
North America, California, United States, San Francisco
Co-Investments: 5
FBG Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 3
X21 Digital
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
Arcanum Capital
North America, Hamilton, Bermuda, Hamilton
Co-Investments: 3

Which angels does Alphabit Fund often collaborate with?

JM
South America, Uruguay
Shared Deals: 1
RK
North America, California, United States, Los Angeles
Shared Deals: 1
BK
Europe, Galicia, Spain, Chaín
Shared Deals: 1
JS
North America, Florida, United States, Miami
Shared Deals: 1
David J. Namdar
North America, NA - Puerto Rico, Puerto Rico, San Juan
Shared Deals: 2
ML
North America, California, United States, Los Angeles
Shared Deals: 1
Amalia Irena Grochal
Asia, Dubai, United Arab Emirates, Dubai
Shared Deals: 1
Anthony Di Iorio
North America, Ontario, Canada, Toronto
Shared Deals: 2
MR
North America, Florida, United States, Fort Lauderdale
Shared Deals: 1
MA
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Alphabit Fund?

Slingshot DAO

London, England, United Kingdom

SlingShot DAO is a dynamic and community-driven platform to empower creatives around the globe.

GamingOnline Games
Series UnknownMar 17, 2025
Amount Raised: $16,000,000
RECRD

London, England, United Kingdom

RECRD enables creators and users to transform their content into NFTs.

Social MediaSocial NetworkVideo AdvertisingVideo Streaming
SeedJul 12, 2024
Amount Raised: $4,000,000
ThirdFi

New York, New York, United States

ThirdFi offers tools for building, trading, investing, and managing DeFi apps with multi-chain interoperability.

AppsFinanceInformation Technology
Initial Coin OfferingJul 10, 2024
Amount Raised: $2,000,000
ThirdFi

New York, New York, United States

ThirdFi offers tools for building, trading, investing, and managing DeFi apps with multi-chain interoperability.

AppsFinanceInformation Technology
Series UnknownJul 10, 2024
Amount Raised: $2,000,000
Slingshot DAO

London, England, United Kingdom

SlingShot DAO is a dynamic and community-driven platform to empower creatives around the globe.

GamingOnline Games
SeedMay 8, 2024
Amount Raised: $3,000,000
Atomiq DeFi

Dubai, Dubai, United Arab Emirates

World's First DEX For Native Bitcoin Cross-Chain Swaps

BlockchainDecentralized Finance (DeFi)Information TechnologySoftware
SeedApr 16, 2024
Amount Raised: $3,000,000
Raiinmaker

Santa Monica, California, United States

Raiinmaker is a social engagement platform that helps communities and projects work together.

CommunitiesInformation TechnologyMarketing AutomationMobile AppsSocial Media
SeedApr 3, 2024
Amount Raised: $7,500,000
OrangeDX

Majuro, NA - Marshall Islands, Marshall Islands

OrangeDX is a Bitcoin DeFi hub that allows users to trade, swap, secure, and launch BRC20 and bridged EVM tokens.

BitcoinTrading Platform
SeedMar 14, 2024
Amount Raised: $2,500,000
MetaVersus World

London, England, United Kingdom

MetaVersus World creates metaverse environments that are realistic, engaging, and immersive.

BlockchainMetaverseTrading PlatformVirtual CurrencyWeb3
SeedDec 13, 2022
Amount Raised: $2,000,000
Championfy (Acquired by Ampverse)

Singapore, Central Region, Singapore

Championfy is now part of the Ampverse family!

GamingMarketplacePaymentsSoftware
SeedJun 26, 2022