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Incuba Alpha

Asia, Tokyo, Japan, Tokyo

Description

Incuba Alpha is a prominent Tokyo-based venture capital fund specializing in the burgeoning Web3 ecosystem, operating as a dedicated crypto arm, often associated with the broader Incuba Ventures group. The fund strategically focuses on identifying and supporting early entrepreneurs at the forefront of Decentralized Finance (DeFi), Decentralized Autonomous Organizations (DAOs), and core Web3 infrastructure. Its investment mandate also extends to emerging sectors such as GameFi and the Metaverse, reflecting a comprehensive approach to the evolving digital economy.

The firm's investment strategy is geared towards seed and early-stage opportunities, providing crucial capital and strategic guidance to nascent projects. While primarily rooted in Japan, Incuba Alpha maintains a global outlook, actively seeking promising ventures across Asia and beyond. Their portfolio showcases a commitment to foundational blockchain technologies and innovative applications. For instance, they have participated in significant early rounds, including the $6 million seed round for GuildFi, a Web3 gaming platform, demonstrating their capacity to engage with substantial early-stage capital raises.

Incuba Alpha distinguishes itself by offering more than just financial backing; it leverages its extensive network and deep understanding of the Japanese and broader Asian markets to provide strategic support, mentorship, and access to key partnerships. With a portfolio that includes over 20 investments in cutting-edge projects like Astar Network and ParallelChain Lab, Incuba Alpha plays a vital role in nurturing the next generation of Web3 innovators. Their hands-on approach aims to accelerate the development and adoption of decentralized technologies, contributing significantly to the maturation of the global blockchain landscape.

Investor Profile

Incuba Alpha has backed more than 23 startups, with 1 new investments in the last 12 months alone. The firm has led 1 rounds, about 4% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in Singapore, Hong Kong, United States.
  • Strong thematic focus on Blockchain, Cryptocurrency, Financial Services.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (65%)
  • Series Unknown (13%)
  • Series A (9%)
  • Pre Seed (4%)
  • Private Equity (4%)
  • Angel (4%)

Country Focus

  • Singapore (30%)
  • Hong Kong (17%)
  • United States (13%)
  • China (9%)
  • Israel (4%)
  • France (4%)
  • Australia (4%)
  • Japan (4%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Financial Services
  • Web3
  • Fintech
  • Information Technology
  • Software
  • Decentralized Finance (Defi)
  • Finance
  • Analytics
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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 Incuba Alpha frequently co-invest with?

SevenX Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 6
GBV Capital
North America, Midland, Cayman Islands, Grand Cayman
Co-Investments: 4
SNZ Holding
North America, New York, United States, Ronkonkoma
Co-Investments: 4
NGC Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 6
Hashkey Exchange
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 3
AU21 Capital
North America, California, United States, San Francisco
Co-Investments: 4
Morningstar Ventures
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 3
Mask Network
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
The Spartan Group
Asia, Central Region, Singapore, Singapore
Co-Investments: 3
Alameda Research
Asia, Hong Kong Island, Hong Kong, Central and Western
Co-Investments: 5

Which angels does Incuba Alpha often collaborate with?

Shared Deals: 1
Andrey Shirben
Oceania, New South Wales, Australia, Sydney
Shared Deals: 1
Jemma Xu
Africa, Apac, Uganda
Shared Deals: 1
Liang Xinjun
Asia, Shanghai, China, Shanghai
Shared Deals: 3
BC
North America, California, United States, San Francisco
Shared Deals: 1
VK
North America, New York, United States, New York
Shared Deals: 1
XY
North America, California, United States, Los Angeles
Shared Deals: 1
Bobby Ong
Asia, Kuala Lumpur, Malaysia, Kuala Lumpur
Shared Deals: 1
RM
North America, California, United States, San Francisco
Shared Deals: 2
PL
North America, California, United States, Los Angeles
Shared Deals: 1

What are some of recent deals done by Incuba Alpha?

Vessel Finance is a ZK-powered order book exchange.

BlockchainCryptocurrencyDecentralized Finance (DeFi)
SeedAug 8, 2024
Amount Raised: $10,000,000

Redpill AI is an innovative platform at the forefront of decentralized AI technology.

Artificial Intelligence (AI)
SeedJul 1, 2024
Amount Raised: $5,000,000
OMTrade

Sydney, New South Wales, Australia

OMTrade is a cryptocurrency copy trading platform that aims to make cryptocurrency copy trading more equitable, sustainable, and creative.

Cryptocurrency
SeedNov 17, 2023
Amount Raised: $6,000,000
KNN3 Network

Singapore, Central Region, Singapore

KNN3 Network is a user-centric DataFi solution for d/Apps and smart contracts built on web3.

BlockchainEnterprise SoftwareSmart ContractsSoftwareWeb3
SeedSep 9, 2022
Amount Raised: $2,400,000
SignalPlus

Central and Western, Hong Kong Island, Hong Kong

Enterprise technology firm SignalPlus wants to make trading in options for digital and crypto assets more accessible.

CryptocurrencyInformation Technology
SeedAug 12, 2022
SignalPlus

Central and Western, Hong Kong Island, Hong Kong

Enterprise technology firm SignalPlus wants to make trading in options for digital and crypto assets more accessible.

CryptocurrencyInformation Technology
Series AAug 12, 2022
Amount Raised: $12,000,000
TiTi Protocol

Singapore, Central Region, Singapore

TiTi Protocol aims to bring a new type of elastic supply algorithm stablecoin solution to DeFi and Web3.

AnalyticsFinanceFinancial ServicesRisk ManagementWeb3
SeedApr 11, 2022
Amount Raised: $3,500,000
Matters Lab

Hong Kong, Hong Kong Island, Hong Kong

Matters Lab is a Web3 social media ecosystem.

Social MediaWeb3
Pre SeedJan 27, 2022
Amount Raised: $2,000,000
Aleph.im

Paris, Ile-de-France, France

Aleph.im is a distributed cloud platform that provides serverless computing services, file storage and database hosting to its users.

BlockchainCloud Computing
Series UnknownJan 20, 2022
Amount Raised: $10,000,000
BlockSec

Hong Kong, Hong Kong Island, Hong Kong

Building Blockchain Security Infrastructure

BlockchainCyber SecurityFinTechWeb3
SeedDec 27, 2021
Amount Raised: $1,500,000