
Kenetic
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
Frequently Asked Questions
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