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Caballeros Capital

Asia, Hong Kong Island, Hong Kong, Hong Kong

Description

Caballeros Capital is a Hong Kong-based private investment firm with a dedicated focus on the burgeoning blockchain innovation space. Established with a clear mandate to support and scale companies at the forefront of Web3 and decentralized technologies, the firm has built a diverse portfolio spanning various sub-sectors within the blockchain ecosystem, including infrastructure, DeFi, NFTs, and gaming. Their investment strategy is characterized by a stage-agnostic approach, allowing them to engage with companies from early-stage seed rounds through to late-stage growth equity.

The firm's portfolio showcases a commitment to both foundational blockchain technologies and consumer-facing applications. Notable investments include participation in the $207 million Series D round for Blockdaemon, a leading blockchain infrastructure provider, and the $550 million Series D round for Fireblocks, a digital asset security platform. They have also backed prominent projects such as Mysten Labs, Immutable, Circle, Animoca Brands, Polygon, and Solana, demonstrating a broad interest across the crypto landscape. This extensive portfolio, which includes over 17 publicly disclosed investments according to Crunchbase, highlights their active role in shaping the future of the decentralized web.

Caballeros Capital typically deploys significant capital, reflecting their confidence in the long-term potential of the blockchain sector. While specific check sizes can vary widely depending on the stage and needs of the portfolio company, their participation in multi-million dollar funding rounds suggests a capacity for substantial investments. Based on their historical activities, initial investments generally range from approximately $500,000 for early-stage participation to upwards of $20 million for more mature, growth-stage companies. The firm leverages its deep industry knowledge and network to provide strategic support to its portfolio companies, aiming to accelerate their development and market adoption.

Investor Profile

Caballeros Capital has backed more than 23 startups, with 3 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Switzerland, Spain.
  • Strong thematic focus on Blockchain, Cryptocurrency, Decentralized Finance (DeFi).
  • Typical check size: $500K – $20M.

Stage Focus

  • Seed (83%)
  • Pre Seed (9%)
  • Series Unknown (4%)
  • Series A (4%)

Country Focus

  • United States (22%)
  • Switzerland (17%)
  • Spain (9%)
  • India (9%)
  • Australia (4%)
  • China (4%)
  • United Kingdom (4%)
  • Portugal (4%)
  • Singapore (4%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Decentralized Finance (Defi)
  • Finance
  • Financial Services
  • Software
  • Web3
  • Information Technology
  • Artificial Intelligence (Ai)
  • Internet
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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 Caballeros Capital frequently co-invest with?

ZMT Capital
North America, California, United States, Palo Alto
Co-Investments: 3
CV
Europe, England, United Kingdom, London
Co-Investments: 3
Play Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
GSR
Europe, England, United Kingdom, London
Co-Investments: 3
Monoceros
North America, Midland, Cayman Islands, George Town
Co-Investments: 2
A
Europe, England, United Kingdom, London
Co-Investments: 3
Genblock Capital
North America, California, United States, San Francisco
Co-Investments: 2
The Spartan Group
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
Gate.io
North America, Midland, Cayman Islands, George Town
Co-Investments: 3
Archetype
North America, New York, United States, New York
Co-Investments: 2

Which angels does Caballeros Capital often collaborate with?

Gabby Dizon
Asia, Rizal, Philippines, Pasig
Shared Deals: 1
Scott Moore
North America, Ontario, Canada, Toronto
Shared Deals: 1
Sandeep Nailwal
Asia, Indonesia
Shared Deals: 1
AM
North America, North Carolina, United States, Raleigh
Shared Deals: 1
AB
Europe, Noord-Holland, The Netherlands, Amstelveen
Shared Deals: 2
Shared Deals: 1
Shared Deals: 1
Jaynti Kanani
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
Shared Deals: 1
AR
North America, United States
Shared Deals: 1

What are some of recent deals done by Caballeros Capital?

Cohuman Labs

San Francisco, California, United States

Consumer, Financial Technology, Blockchain, AI

SeedNov 1, 2024
Amount Raised: $900,000
Darkbright Studios

Dover, Delaware, United States

Darkbright Studios is the developer of Smolbound, a Web3 life sim RPG.

SeedSep 23, 2024
Amount Raised: $6,000,000

Rivalz Network is an AI-Driven DePIN RollApp.

Artificial Intelligence (AI)
SeedAug 14, 2024
Amount Raised: $9,000,000

NovaNet offers local verifiable computing, artificial intelligence, DePIN, Internet of Things, and privacy-protected games.

Artificial Intelligence (AI)Internet of ThingsOnline Games
SeedJun 25, 2024
Amount Raised: $3,000,000

XProtocol is a modular entertainment chain that uses base's superchain technology .

Blockchain
SeedJun 13, 2024
Amount Raised: $5,200,000
Range Labs

Cham, Zug, Switzerland

Range is a blockchain and rollups security platform with the purpose of developing a security and risk infrastructure stack.

Blockchain
SeedMar 14, 2024
Amount Raised: $2,700,000
Interface Labs

Lisbon, Lisboa, Portugal

Interface is a mobile first, highly readable block explorer enhanced with social features.

BlockchainInformation TechnologySoftwareWeb DevelopmentWeb3
SeedJul 19, 2023
Amount Raised: $1,400,000
Polynomial

Bangalore, Karnataka, India

Polynomial is building in decentralized finance – a more fair, accessible, efficient, and transparent financial system enabled by crypto.

BlockchainCryptocurrencyDecentralized Finance (DeFi)Finance
SeedMay 11, 2023
Ondefy

Lausanne, Vaud, Switzerland

Ondefy is an on-chain DeFi platform.

BlockchainCryptocurrencyDecentralized Finance (DeFi)
SeedJan 4, 2023
Amount Raised: $1,000,000

Sentiment is a decentralized finance company that provides chainless, undercollateralized borrowing.

BlockchainDecentralized Finance (DeFi)FinanceLending
SeedJan 1, 2023
Amount Raised: $2,400,000