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Genblock Capital

North America, California, United States, San Francisco

Description

Genblock Capital is a prominent venture capital firm exclusively focused on the burgeoning blockchain and cryptocurrency sectors. Established in 2017, the firm has strategically positioned itself at the forefront of digital asset innovation, with a particular emphasis on decentralized finance (DeFi), Web3 infrastructure, and the metaverse. Headquartered in San Francisco, Genblock Capital aims to identify and support early-stage projects that are poised to disrupt traditional industries and build the next generation of decentralized applications. Their investment thesis is deeply rooted in identifying visionary teams and groundbreaking technologies that can drive significant adoption and utility within the crypto ecosystem.

The firm's investment strategy extends beyond mere capital injection. Genblock Capital is known for its hands-on approach, providing portfolio companies with comprehensive strategic guidance, technical support, and access to an extensive network of industry experts and partners. This value-add approach is designed to accelerate the growth and development of their portfolio projects, helping them navigate the complex and rapidly evolving blockchain landscape. They actively seek out projects that demonstrate strong fundamentals, innovative solutions, and a clear path to market adoption, often engaging with founders from the earliest stages of development.

Genblock Capital primarily targets early-stage investment opportunities, including seed, private, and strategic rounds. While specific check sizes can vary depending on the stage and needs of the project, their typical first cheques generally range from approximately $250,000 to $2,000,000. This range allows them to make meaningful contributions to nascent projects while also participating in larger, more established private sales. As of early 2024, Genblock Capital has made over 139 investments across a diverse array of blockchain verticals, showcasing their broad reach and commitment to fostering innovation across the decentralized web. Their portfolio includes notable projects in DeFi protocols, NFT platforms, blockchain gaming, and underlying infrastructure, reflecting their comprehensive approach to the digital asset space.

Investor Profile

Genblock Capital has backed more than 120 startups, with 0 new investments in the last 12 months alone. The firm has led 5 rounds, about 4% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Initial Coin Offering, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, United Kingdom.
  • Strong thematic focus on Blockchain, Cryptocurrency, Financial Services.
  • Typical check size: $250K – $2M.

Stage Focus

  • Seed (75%)
  • Initial Coin Offering (8%)
  • Pre Seed (7%)
  • Series Unknown (6%)
  • Series A (3%)
  • Series B (1%)
  • Series C (1%)

Country Focus

  • United States (35%)
  • Singapore (17%)
  • United Kingdom (6%)
  • Switzerland (5%)
  • Estonia (3%)
  • India (3%)
  • Lithuania (3%)
  • Hong Kong (3%)
  • Gibraltar (2%)
  • Canada (2%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Financial Services
  • Fintech
  • Gaming
  • Software
  • Information Technology
  • Web3
  • Finance
  • Trading Platform
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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 Genblock Capital frequently co-invest with?

Co-Investments: 14
CMS Holdings
North America, New York, United States, New York
Co-Investments: 15
LD Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 20
Co-Investments: 14
NGC Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 14
Animoca Brands
Asia, Hong Kong Island, Hong Kong, Cyberport
Co-Investments: 18
AU21 Capital
North America, California, United States, San Francisco
Co-Investments: 34
X21 Digital
Asia, Central Region, Singapore, Singapore
Co-Investments: 17
Double Peak Group
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 16
Alameda Research
Asia, Hong Kong Island, Hong Kong, Central and Western
Co-Investments: 20

Which angels does Genblock Capital often collaborate with?

Shared Deals: 4
Sandeep Nailwal
Asia, Indonesia
Shared Deals: 5
SK
Europe, England, United Kingdom, London
Shared Deals: 4
Kain Warwick
Oceania, New South Wales, Australia, Sydney
Shared Deals: 2
MD
North America, New York, United States, New York
Shared Deals: 5
GB
North America, California, United States, San Francisco
Shared Deals: 2
KW
North America, California, United States, San Francisco
Shared Deals: 2
RL
North America, California, United States, San Francisco
Shared Deals: 2
RM
North America, California, United States, San Francisco
Shared Deals: 4
IP
North America, California, United States, Mountain View
Shared Deals: 2

What are some of recent deals done by Genblock Capital?

Sanctum offers the ability to launch millions of new LSTs utilizing solana.

SeedApr 4, 2024
AINN Layer2

Jersey City, New Jersey, United States

AINN Layer2 is a decentralized Bitcoin Layer2 network development.It promotes large-scale AI applications

Artificial Intelligence (AI)
SeedMar 21, 2024

OX.FUN is a decentralized trading platform for everlasting contracts.

Financial ServicesFinTechTrading Platform
SeedFeb 23, 2024
Amount Raised: $4,000,000
BitFlow Finance

Washington, District of Columbia, United States

BitFlow Finance offers bitcoines to trade while utilizing the capital by eliminating middlemen and intermediaries.

Financial Services
Pre SeedJan 25, 2024
Amount Raised: $1,300,000
Root Protocol

San Francisco, California, United States

Root Protocol integrates an intent-centric aggregator of digital identities, virtual accounts, social graphs and other components.

BlockchainCryptocurrencyWeb Development
SeedJan 19, 2024
Amount Raised: $10,000,000
Sleek

Hong Kong, Hong Kong Island, Hong Kong

Sleek is a Hong Kong-based Web3 social networking platform that revolutionizes authentic human connection in the digital age.

Information TechnologyWeb3
SeedNov 17, 2023
Amount Raised: $5,000,000
Firechain

New York, New York, United States

Firechain is an async, event-driven smart contract platform built for the next generation of decentralized applications.

BlockchainSmart Contracts
Pre SeedApr 1, 2023
Amount Raised: $3,000,000
Solanium

Amsterdam, Noord-Holland, The Netherlands

Solanium is the go-to platform for the Solana blockchain.

CryptocurrencyFinTech
SeedJan 1, 2023
DFYN Network

Singapore, Central Region, Singapore

Dfyn is a multi-chain AMM DEX which is building to be an inter-connected AMM with nodes spread on different blockchains

BlockchainCryptocurrencyTrading PlatformWeb3
SeedJan 1, 2023
Liqwid Labs

Washington, Pennsylvania, United States

Liqwid Labs is an on-chain lending protocol on Cardano, for lenders, borrowers, and developers.

BlockchainFinancial ServicesLending
SeedDec 1, 2022
Amount Raised: $2,700,000