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Fenbushi Capital

Asia, Shanghai, China, Shanghai

Description

Fenbushi Capital is the first and most active blockchain-focused venture capital firm in Asia

Investor Profile

Fenbushi Capital has made 166 investments, with 17 in the past 12 months and 8% as lead.

Stage Focus

  • Seed (41%)
  • Series A (22%)
  • Series Unknown (14%)
  • Initial Coin Offering (8%)
  • Series B (4%)
  • Pre Seed (4%)
  • Angel (2%)
  • Series D (1%)
  • Grant (1%)
  • Convertible Note (1%)

Country Focus

  • United States (49%)
  • Singapore (12%)
  • United Kingdom (5%)
  • Switzerland (4%)
  • Canada (4%)
  • Hong Kong (4%)
  • Cayman Islands (2%)
  • China (2%)
  • Japan (2%)
  • Saint Kitts and Nevis (1%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Software
  • Fintech
  • Financial Services
  • Information Technology
  • Internet
  • Web3
  • Bitcoin
  • Finance
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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 Fenbushi Capital frequently co-invest with?

Protocol Labs
North America, California, United States, San Francisco
Co-Investments: 13
IOSG Ventures
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 21
GBV Capital
North America, Midland, Cayman Islands, Grand Cayman
Co-Investments: 12
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 12
NGC Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 18
HashKey Capital
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 15
Kenetic
Asia, Hong Kong Island, Hong Kong, Central
Co-Investments: 14
Hashkey Exchange
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 12
Digital Currency Group
North America, Connecticut, United States, Stamford
Co-Investments: 15
Animoca Brands
Asia, Hong Kong Island, Hong Kong, Cyberport
Co-Investments: 12

Which angels does Fenbushi Capital often collaborate with?

AS
North America, California, United States, San Francisco
Shared Deals: 2
VL
North America, California, United States
Shared Deals: 2
SK
Europe, England, United Kingdom, London
Shared Deals: 2
Kerman Kohli
Oceania, New South Wales, Australia, Sydney
Shared Deals: 2
Kain Warwick
Oceania, New South Wales, Australia, Sydney
Shared Deals: 4
MD
North America, New York, United States, New York
Shared Deals: 2
AR
Europe, Berlin, Germany, Berlin
Shared Deals: 2
KT
North America, California, United States, San Francisco
Shared Deals: 2
CL
North America, California, United States, San Francisco
Shared Deals: 2
MC
North America, Texas, United States, Dallas
Shared Deals: 2

What are some of recent deals done by Fenbushi Capital?

Chronicle Labs are the developers of Chronicle Protocol, a blockchain-agnostic layer for securely & verifiably transitioning data on-chain

BlockchainData IntegrationWeb3
SeedMar 25, 2025
Amount Raised: $12,000,000
Irreducible

San Francisco, California, United States

Irreducible specializes in performance cryptographic computing, focused on accelerating zero-knowledge proofs for blockchain scalability.

BlockchainComputerInformation TechnologyWeb3
Series AJan 30, 2025
Amount Raised: $24,000,000
Reown

Newark, Delaware, United States

Reown is an open source standard for connecting desktop Dapps to mobile wallets using end-to-end encryption by scanning a QR code.

CryptocurrencyEthereumInternetUX Design
Series BJan 14, 2025
Amount Raised: $13,000,000
FLock.io

London, England, United Kingdom

We build Federated Learning Blocks: A native Web3 Data Privacy solution for Artificial Intelligence

Artificial Intelligence (AI)BlockchainMachine LearningWeb3
Series UnknownDec 19, 2024
Amount Raised: $3,000,000
Semantic Layer

Norfolk, Virginia, United States

Semantic Layer improves incentive alignment in dApps, enabling MEV internationalization and sequencing sovereignty.

SeedOct 8, 2024
Amount Raised: $3,000,000
Huma Finance

San Francisco, California, United States

The First PayFi Network. Huma powers financing of global payments, with instant access to liquidity anywhere, anytime.

BlockchainCreditFinanceLending
Series UnknownSep 11, 2024
Amount Raised: $10,000,000

SnakeLite is a classic arcade-style snake game with a competitive twist, offering exciting gameplay and challenges.

Casual GamesOnline GamesVideo Games
SeedAug 28, 2024
Morpho Labs

Paris, Ile-de-France, France

Morpho is a decentralized cryptocurrency lending protocol that provides lending and borrowing services.

BlockchainCryptocurrencyFinancial ServicesLending
Series UnknownAug 1, 2024
Amount Raised: $50,000,000

Igloo creating the onchain community, propelling the consumer cryptocurrency revolution.

BlockchainCryptocurrency
Series UnknownJul 23, 2024
Amount Raised: $11,000,000

ZKEX aims to enhance transaction speeds and reduce costs compared to traditional Layer 1 solutions like Ethereum.

Non-Fungible Token (NFT)Supply Chain Management
SeedJul 19, 2024
Amount Raised: $2,500,000