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Kenetic

Asia, Hong Kong Island, Hong Kong, Central

Description

Kenetic is a prominent Hong Kong-based venture capital firm and proprietary trading company with a dedicated focus on the burgeoning digital asset and blockchain technology sectors. Established as a key player in the Web3 ecosystem, Kenetic has built a reputation for identifying and supporting innovative projects from their earliest stages. The firm's dual approach, combining strategic venture investments with active market participation, provides it with unique insights and capabilities within the volatile yet high-growth cryptocurrency landscape.

The firm primarily targets early-stage blockchain infrastructure, decentralized finance (DeFi), non-fungible tokens (NFTs), Web3 gaming, and other foundational decentralized applications. Kenetic is known for its hands-on approach, often providing not just capital but also strategic guidance, network access, and technical support to its portfolio companies. Their investment philosophy emphasizes long-term value creation in projects that aim to redefine traditional industries or create entirely new digital economies. They are particularly interested in scalable solutions that address real-world problems using blockchain technology.

Kenetic boasts an extensive portfolio, having invested in over 200 projects across the globe. Notable early investments include foundational protocols like Polkadot, Cosmos, and Flow, as well as leading decentralized applications such as Axie Infinity and The Sandbox. These investments highlight Kenetic's foresight in backing projects that have since achieved significant market capitalization and widespread adoption. The firm's managing partner, Jehan Chu, has been a vocal advocate for blockchain innovation since 2013, contributing to the firm's deep industry knowledge and extensive network. Kenetic's typical first check sizes can range from $500,000 for seed rounds to several million dollars for more mature early-stage opportunities, often participating in rounds that collectively raise tens of millions.

Investor Profile

Kenetic has backed more than 104 startups, with 9 new investments in the last 12 months alone. The firm has led 20 rounds, about 19% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, Hong Kong.
  • Strong thematic focus on Blockchain, Cryptocurrency, FinTech.
  • Led 5 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (63%)
  • Series A (13%)
  • Pre Seed (6%)
  • Series B (5%)
  • Initial Coin Offering (4%)
  • Series C (3%)
  • Series Unknown (3%)
  • Corporate Round (1%)
  • Series D (1%)
  • Convertible Note (1%)

Country Focus

  • United States (38%)
  • Singapore (14%)
  • Hong Kong (12%)
  • United Kingdom (7%)
  • Switzerland (3%)
  • Poland (2%)
  • South Korea (2%)
  • United Arab Emirates (2%)
  • Israel (2%)
  • Germany (1%)

Industry Focus

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

CMT Digital Ventures
North America, Illinois, United States, Chicago
Co-Investments: 7
Borderless Capital
North America, Georgia, United States, Atlanta
Co-Investments: 8
Hashed
North America, California, United States, San Francisco
Co-Investments: 10
GBV Capital
North America, Midland, Cayman Islands, Grand Cayman
Co-Investments: 10
CMS Holdings
North America, New York, United States, New York
Co-Investments: 8
Fenbushi Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 14
NGC Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 13
Animoca Brands
Asia, Hong Kong Island, Hong Kong, Cyberport
Co-Investments: 8
AU21 Capital
North America, California, United States, San Francisco
Co-Investments: 13
FBG Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 7

Which angels does Kenetic often collaborate with?

Gabby Dizon
Asia, Rizal, Philippines, Pasig
Shared Deals: 2
Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 2
Shared Deals: 2
RH
North America, California, United States, San Francisco
Shared Deals: 2
JR
North America, Florida, United States, Miami
Shared Deals: 2
GB
North America, California, United States, San Francisco
Shared Deals: 3
PT
North America, New York, United States, New York
Shared Deals: 3
JS
North America, Wyoming, United States, Cheyenne
Shared Deals: 2
J‏
Shared Deals: 2
CK
North America, California, United States, San Francisco
Shared Deals: 2

What are some of recent deals done by Kenetic?

Fundamental Global

Tampa, Florida, United States

Fundamental Global is a reinsurance and investment management holding company.

FinanceFinancial Services
Post Ipo EquityJul 30, 2025
Amount Raised: $200,000,000
CEA Industries

Louisville, Colorado, United States

CEA Industries is an agriculture company that offers indoor cultivation services.

AgricultureCommercialFarming
Post Ipo EquityJul 28, 2025
Amount Raised: $500,000,000

Quack AI is an artificial intelligence governance Layer for Web3.

Artificial Intelligence (AI)BlockchainCryptocurrency
SeedJul 22, 2025
Amount Raised: $3,600,000
Daydaycook

Sheung Wan, Hong Kong Island, Hong Kong

DayDayCook is a digital publisher and merchandiser for asian cooking based in Hong Kong.

CookingFood and BeveragePublishing
Post Ipo EquityJun 17, 2025
Amount Raised: $228,000,000

Tradoor is a decentralized finance app that uses The Open Network (TON) and is safe, effective, and affordable.

BlockchainCryptocurrencyInternet
SeedMay 15, 2025
Amount Raised: $1,700,000

EYWA is a decentralized cross-chain liquidity & data protocol

BlockchainFinancial ServicesWeb3
SeedDec 23, 2024

Avalon Finance is a decentralized protocol that offers a BTC liquidity mechanism for production.

BlockchainCryptocurrencyDecentralized Finance (DeFi)FinTech
Series ADec 23, 2024
Amount Raised: $10,000,000
DuckChain

Singapore, Central Region, Singapore

DuckChain engages in bridging telegram users into the blockchain space.

BlockchainFinTechWeb3
SeedDec 20, 2024
Amount Raised: $5,000,000
Flappy Bird

Hong Kong, Hong Kong Island, Hong Kong

Flappy Bird is a gaming brand that develops games for iOS and Android phones.

AndroidGamingiOSMobile AppsOnline Games
SeedOct 14, 2024
Amount Raised: $2,000,000
IDA

Central, Hong Kong Island, Hong Kong

IDA is the leading provider of digital asset technologies, enabling businesses to fully utilize blockchain technology.

BlockchainFinancial Services
SeedSep 2, 2024
Amount Raised: $6,000,000