
Matrixport
Description
Matrixport, a prominent digital assets financial services platform headquartered in Singapore, extended its reach into the venture capital landscape with the launch of Matrixport Ventures in November 2021. This dedicated venture arm was established with a substantial fund of $100 million, specifically earmarked for investments in the burgeoning Web3 and blockchain ecosystem. The fund's primary objective is to identify and support innovative early-stage projects across various segments, including Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), GameFi, and underlying Web3 infrastructure. This strategic move underscores Matrixport's commitment to fostering the growth and adoption of decentralized technologies, leveraging its deep expertise and network within the crypto industry.
Matrixport Ventures operates with a strategic focus on projects that align with the future of digital assets and decentralized applications. The fund aims to provide more than just capital, offering portfolio companies access to Matrixport's extensive resources, including technical expertise, market insights, and potential integration opportunities within its broader financial services ecosystem. While specific deal sizes can vary based on the stage and needs of the startup, Matrixport Ventures typically targets initial investments ranging from approximately $500,000 for promising seed-stage ventures to up to $5,000,000 for leading or co-leading Series A rounds. This flexibility allows them to engage with a diverse range of innovative startups, from nascent ideas to more developed prototypes.
The establishment of Matrixport Ventures positions the firm as a significant player in the global Web3 investment space, particularly from an Asia-centric perspective, given its Singapore base. By deploying its $100 million fund, Matrixport is actively contributing to the development of foundational technologies and applications that are shaping the next generation of the internet. Their investment thesis emphasizes long-term growth and the potential for these projects to drive mainstream adoption of blockchain technology. This venture arm complements Matrixport's core business, creating a symbiotic relationship where investments can potentially feed into and enhance their existing financial products and services, further solidifying their footprint in the digital asset economy.
Investor Profile
Matrixport has backed more than 29 startups, with 1 new investments in the last 12 months alone. The firm has led 6 rounds, about 21% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Angel rounds (top funding stages).
- Majority of deals are located in United States, Singapore, Cayman Islands.
- Strong thematic focus on Blockchain, Cryptocurrency, Web3.
- Led 1 rounds in the past year.
- Typical check size: $500K – $5M.
Stage Focus
- Seed (59%)
- Series A (17%)
- Angel (7%)
- Series Unknown (7%)
- Corporate Round (3%)
- Series B (3%)
- Post Ipo Debt (3%)
Country Focus
- United States (34%)
- Singapore (34%)
- Cayman Islands (3%)
- Hong Kong (3%)
- Israel (3%)
- Puerto Rico (3%)
- China (3%)
- Ireland (3%)
Industry Focus
- Blockchain
- Cryptocurrency
- Web3
- Fintech
- Decentralized Finance (Defi)
- Information Technology
- Finance
- Software
- Bitcoin
- Financial Services
Frequently Asked Questions
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