
CMCC Global
Description
CMCC Global, also known as CM-Crypto Capital, stands as a prominent venture capital firm headquartered in Hong Kong, exclusively dedicated to the burgeoning blockchain industry. Established in 2016, the firm quickly distinguished itself as one of Asia's first dedicated blockchain venture funds, playing a pioneering role in the region's digital asset ecosystem. With a strategic focus on early-stage opportunities, CMCC Global has built a robust portfolio by identifying and backing innovative projects across various blockchain verticals, including infrastructure, decentralized finance (DeFi), non-fungible tokens (NFTs), and GameFi.
The firm's investment strategy primarily targets seed to Series A rounds, providing crucial capital and strategic support to nascent blockchain companies. Over the years, CMCC Global has demonstrated a strong track record, having invested in over 100 projects globally. Its impressive portfolio includes early investments in some of the most recognized names in the blockchain space, such as Solana, Block.one (EOS), Animoca Brands, The Sandbox, Immutable, and Dapper Labs, underscoring its ability to identify future industry leaders.
CMCC Global manages multiple funds, with its flagship vehicles being the Titan Fund and the more recent Titan Fund II. The Titan Fund, launched in 2021, successfully raised $300 million, solidifying CMCC Global's capacity to deploy significant capital into promising ventures. Building on this success, the firm announced the Titan Fund II in 2023, targeting an additional $100 million to continue its early-stage investment mandate. For its initial investments, CMCC Global typically deploys first cheques ranging from $500,000 to $5 million, reflecting its commitment to supporting companies from their foundational stages through significant growth milestones. This focused approach and substantial capital base position CMCC Global as a key player in shaping the future of the global blockchain landscape.
Investor Profile
CMCC Global has backed more than 32 startups, with 9 new investments in the last 12 months alone. The firm has led 7 rounds, about 22% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in Hong Kong, Canada, United States.
- Strong thematic focus on Blockchain, Cryptocurrency, Web3.
- Led 2 rounds in the past year.
- Typical check size: $500K – $5M.
Stage Focus
- Seed (50%)
- Pre Seed (13%)
- Series A (13%)
- Initial Coin Offering (9%)
- Series Unknown (9%)
- Convertible Note (3%)
- Series C (3%)
Country Focus
- Hong Kong (19%)
- Canada (16%)
- United States (9%)
- Switzerland (9%)
- United Kingdom (9%)
- Singapore (6%)
- Cayman Islands (6%)
- Austria (3%)
- Australia (3%)
- Mexico (3%)
Industry Focus
- Blockchain
- Cryptocurrency
- Web3
- Information Technology
- Internet
- Software
- Gaming
- Media And Entertainment
- Cyber Security
- Gambling
Frequently Asked Questions
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