
HashKey Capital
Description
HashKey Capital is a prominent global asset manager specializing in blockchain and digital assets, headquartered in Singapore. Established in 2015, it has grown to become one of the earliest and largest institutional investors in the burgeoning Web3 ecosystem. The firm is dedicated to fostering innovation across various segments, including Web3 infrastructure, tools, and applications, demonstrating a comprehensive approach to the decentralized future.
The firm's investment strategy is broad, covering a wide spectrum of stages from Pre-Seed to Series B+ and beyond, encompassing both equity and token investments. HashKey Capital manages a diverse portfolio through various funds, including a dedicated Venture Fund focused on early-stage ventures and a Liquid Fund for more mature digital assets. Their commitment to the space is underscored by their significant capital deployment, with their third crypto fund, HashKey Capital III, closing with $500 million in commitments in 2022, specifically targeting promising Web3 projects.
HashKey Capital has built an impressive track record, managing over US$1 billion in client assets. Their expansive portfolio includes investments in more than 500 projects, cementing their position as a key player in the blockchain investment landscape. This extensive reach and deep industry expertise allow them to identify and support groundbreaking technologies and teams globally. The firm's typical first cheque sizes for their venture investments generally range from $500,000 for early-stage opportunities up to $10,000,000 for more mature Series B+ rounds, reflecting their capacity to support companies throughout their growth trajectory.
Investor Profile
HashKey Capital has backed more than 29 startups, with 10 new investments in the last 12 months alone. The firm has led 2 rounds, about 7% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States, Singapore, United Kingdom.
- Strong thematic focus on Blockchain, Cryptocurrency, Artificial Intelligence (AI).
- Led 1 rounds in the past year.
- Typical check size: $500K – $10M.
Stage Focus
- Seed (72%)
- Pre Seed (10%)
- Series A (7%)
- Series Unknown (7%)
- Angel (3%)
Country Focus
- United States (41%)
- Singapore (31%)
- United Kingdom (3%)
- Hong Kong (3%)
- France (3%)
- Israel (3%)
- Germany (3%)
Industry Focus
- Blockchain
- Cryptocurrency
- Artificial Intelligence (Ai)
- Software
- Gaming
- Web3
- Digital Entertainment
- Decentralized Finance (Defi)
- Information Services
- Online Games
Frequently Asked Questions
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