Bing Ventures logo

Bing Ventures

Asia, Central Region, Singapore, Singapore

Description

Bing Ventures is a prominent Singapore-based venture capital firm established in 2021, dedicated to fostering the next generation of Web3 and blockchain innovations. The firm distinguishes itself through its early-stage investment focus, targeting pre-seed, seed, and Series A rounds for high-potential startups globally. With a clear mandate to empower entrepreneurs, Bing Ventures provides not only crucial capital but also strategic guidance, leveraging its deep industry insights and extensive network within the decentralized technology landscape. Their investment thesis revolves around identifying groundbreaking projects that are poised to redefine various sectors, from decentralized finance (DeFi) and GameFi to NFTs, metaverse, and core blockchain infrastructure.

The firm's portfolio reflects its broad yet focused approach within the Web3 ecosystem, featuring investments in over 100 projects worldwide. Notable companies within their extensive portfolio include leading names such as Sei, Manta Network, ZetaChain, and Celestia, all of which represent significant advancements in blockchain scalability, interoperability, and application layers. Bing Ventures actively seeks out ventures that demonstrate strong technological innovation, a clear market need, and a robust team capable of executing ambitious visions. Their commitment extends beyond initial funding, often involving active participation in the growth trajectory of their portfolio companies through mentorship and operational support.

Bing Ventures typically deploys first checks ranging from $500,000 to $5 million, aligning with their strategy to back promising early-stage ventures that require substantial initial capital to scale their operations and accelerate product development. This investment range allows them to be a significant partner in critical early funding rounds, often taking lead or co-lead positions. The firm's analytical rigor and forward-looking perspective enable them to identify emerging trends and disruptive technologies, positioning themselves at the forefront of the rapidly evolving Web3 space. Their strategic location in Singapore, a burgeoning hub for blockchain innovation, further enhances their access to talent and opportunities within the Asian and global markets.

Investor Profile

Bing Ventures has backed more than 22 startups, with 8 new investments in the last 12 months alone. The firm has led 1 rounds, about 5% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, Hong Kong.
  • Strong thematic focus on Blockchain, Web3, Cryptocurrency.
  • Led 1 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (55%)
  • Series Unknown (23%)
  • Series A (9%)
  • Pre Seed (5%)
  • Angel (5%)
  • Series D (5%)

Country Focus

  • United States (36%)
  • Singapore (18%)
  • Hong Kong (14%)
  • The Netherlands (5%)
  • France (5%)
  • Australia (5%)
  • Japan (5%)
  • Bermuda (5%)

Industry Focus

  • Blockchain
  • Web3
  • Cryptocurrency
  • Gaming
  • Financial Services
  • Fintech
  • Artificial Intelligence (Ai)
  • Decentralized Finance (Defi)
  • Information Technology
  • Video Games
circle-line
FAQ

Frequently Asked Questions

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

Who does Bing Ventures frequently co-invest with?

Taisu Ventures
North America, Midland, Cayman Islands, Grand Cayman
Co-Investments: 4
Amber Group
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
UOB Venture
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
SNZ Holding
North America, New York, United States, Ronkonkoma
Co-Investments: 4
Flow Traders
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 2
IOBC Capital
North America, Usulutan, El Salvador, California
Co-Investments: 3
LV
North America, Colorado, United States, Denver
Co-Investments: 2
MH Ventures
Europe, England, United Kingdom, London
Co-Investments: 3
Animoca Brands
Asia, Hong Kong Island, Hong Kong, Cyberport
Co-Investments: 3
Waterdrip Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 3

Which angels does Bing Ventures often collaborate with?

NB
Europe, Ile-de-France, France, Paris
Shared Deals: 1
CH
Europe, France
Shared Deals: 1
CG
North America, New York, United States, New York
Shared Deals: 1
JM
Europe, England, United Kingdom, London
Shared Deals: 1
Shared Deals: 1
GV
North America, United States
Shared Deals: 1
JC
Europe, Mazowieckie, Poland, Warsaw
Shared Deals: 1
DCF GOD
North America, California, United States
Shared Deals: 1
Shared Deals: 1
JA
Asia, Singapore
Shared Deals: 1

What are some of recent deals done by Bing Ventures?

Orange Cap Games

New York, New York, United States

Orange Cap Games is a game and experience design studio that creates digital and physical trading card games featuring Pudgy Penguins.

BlockchainTrading PlatformVideo Games
SeedJun 6, 2025
Amount Raised: $3,500,000

GamerBoom is an artificial intelligence-driven protocol for gaming data analytics, developed on the Solana blockchain.

Artificial Intelligence (AI)BlockchainWeb3
Series UnknownFeb 12, 2025
Amount Raised: $9,000,000
1Money Network Technologies

Hamilton, Hamilton, Bermuda

1Money Network Technologies is a payment network that enables users to transfer money.

BlockchainFinTechWeb3
SeedJan 15, 2025
Amount Raised: $20,000,000
zkPass

New York, New York, United States

A zkTLS oracle protocol that enables private web data to be verifiable.

BlockchainDatabasePrivacyWeb3
Series AOct 17, 2024
Amount Raised: $12,500,000
UniSat

Hong Kong, Hong Kong Island, Hong Kong

UniSat is an Open Source Chrome Extension for Bitcoin Ordinals.

Browser ExtensionsOpen Source
SeedSep 10, 2024
E-Pal

Irvine, California, United States

E-Pal is the Best-in-class social network for gaming enthusiasts, gamers pay for skill and interest-based matching with skillful ePals.

GamingInternetOnline GamesSocial Network
Series UnknownSep 5, 2024
Amount Raised: $30,000,000

Pencils Protocol is an all-inclusive auction platform and yield aggregator to deliver the next generation experience for Scroll users.

SeedSep 2, 2024
double jump.tokyo

Tokyo, Tokyo, Japan

double jump.tokyo Is a blockchain game developer and NFT solution provider for large-scale enterprises in the gaming & entertainment sector.

BlockchainCryptocurrencyVideo Games
Series DAug 28, 2024
Amount Raised: $10,384,863
Network3

California, Kentucky, United States

Network3 is a firm that develops web3 AI infrastructure.

Artificial Intelligence (AI)Decentralized Finance (DeFi)
SeedJul 23, 2024
Amount Raised: $5,500,000
Usual Labs

Paris, Ile-de-France, France

Usual Labs operates as a decentralized finance(DeFi) protocol.

Decentralized Finance (DeFi)Financial Services
Series UnknownApr 17, 2024
Amount Raised: $7,041,630