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The Spartan Group

Asia, Central Region, Singapore, Singapore

Description

The Spartan Group is a prominent blockchain advisory and asset management firm headquartered in Singapore, deeply entrenched in the burgeoning Web3 ecosystem. Established with a dual mandate, the firm provides strategic advisory services to leading blockchain projects while also managing significant capital through its asset management arm, which includes both a hedge fund and a dedicated venture capital fund. Their strategic location in Asia positions them as a key player in the region's rapidly expanding digital asset landscape, enabling them to identify and support innovative startups at the forefront of decentralized technologies.

Spartan Capital, the venture arm of The Spartan Group, is a dedicated early-stage investor focused on the next generation of blockchain-native companies. Their investment thesis is broad yet specialized, encompassing areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), blockchain gaming, Web3 infrastructure, and other foundational technologies driving the decentralized internet. In 2021, The Spartan Group notably launched a $100 million Web3 venture fund, signaling a strong commitment to fostering innovation within the space and providing substantial capital to promising projects. This fund specifically targets companies building the core components and applications of the decentralized future.

Typically, Spartan Capital deploys first cheques ranging from $500,000 to $5,000,000, primarily targeting seed to Series A stage companies. This strategic range allows them to be a significant early supporter for startups, providing not just capital but also leveraging their extensive network, deep industry expertise, and advisory capabilities. Beyond financial investment, The Spartan Group is known for offering strategic guidance, market insights, and operational support to its portfolio companies, helping them navigate the complexities of the blockchain industry and scale effectively. Their hands-on approach aims to accelerate the growth and adoption of their portfolio projects, solidifying their reputation as a value-add investor in the competitive Web3 venture capital landscape.

Investor Profile

The Spartan Group has backed more than 172 startups, with 21 new investments in the last 12 months alone. The firm has led 33 rounds, about 19% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, Canada.
  • Strong thematic focus on Blockchain, Cryptocurrency, Financial Services.
  • Led 6 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (49%)
  • Series A (21%)
  • Series Unknown (13%)
  • Initial Coin Offering (7%)
  • Pre Seed (5%)
  • Series B (2%)
  • Angel (1%)
  • Private Equity (1%)
  • Post Ipo Equity (1%)
  • Series C (1%)

Country Focus

  • United States (37%)
  • Singapore (18%)
  • Canada (4%)
  • United Kingdom (3%)
  • Switzerland (3%)
  • Vietnam (3%)
  • China (2%)
  • Australia (2%)
  • Hong Kong (2%)
  • Estonia (2%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Financial Services
  • Software
  • Fintech
  • Web3
  • Information Technology
  • Finance
  • Gaming
  • Decentralized Finance (Defi)
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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 The Spartan Group frequently co-invest with?

Pantera Capital
North America, California, United States, Menlo Park
Co-Investments: 17
Shima Capital
North America, NA - Puerto Rico, Puerto Rico, San Juan
Co-Investments: 12
LongHash Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 13
CMS Holdings
North America, New York, United States, New York
Co-Investments: 15
GSR
Europe, England, United Kingdom, London
Co-Investments: 12
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 18
PC
North America, Connecticut, United States, Greenwich
Co-Investments: 16
DeFiance Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 14
Animoca Brands
Asia, Hong Kong Island, Hong Kong, Cyberport
Co-Investments: 24
Mechanism Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 13

Which angels does The Spartan Group often collaborate with?

Gabby Dizon
Asia, Rizal, Philippines, Pasig
Shared Deals: 6
RL
North America, New York, United States, New York
Shared Deals: 3
RS
North America, New York, United States, New York
Shared Deals: 3
TC
North America, New York, United States, New York
Shared Deals: 3
Sandeep Nailwal
Asia, Indonesia
Shared Deals: 3
SK
Europe, England, United Kingdom, London
Shared Deals: 4
Kain Warwick
Oceania, New South Wales, Australia, Sydney
Shared Deals: 4
SR
Europe, Monaco
Shared Deals: 3
AY
North America, California, United States
Shared Deals: 3
SB
North America, California, United States, San Francisco
Shared Deals: 3

What are some of recent deals done by The Spartan Group?

Kaia

Singapore, Central Region, Singapore

Kaia is a public blockchain that utilizes Byzantine Fault Tolerance (BFT) for enhanced reliability and performance.

BlockchainCryptocurrencyDecentralized Finance (DeFi)
Series UnknownApr 30, 2025
Planetarium

Seoul, Seoul-t'ukpyolsi, South Korea

Planetarium is a company that wants to return the sovereignty of online games to users through blockchain technology.

BlockchainGamingMMO Games
Series UnknownMar 25, 2025
Amount Raised: $3,000,000
Tarta Labs

Singapore, Central Region, Singapore

Tarta Labs is transforming anime IP by integrating AI-powered creation, interactive gaming, and decentralized ownership

ComputerGamingOnline Games
Pre SeedMar 25, 2025
Amount Raised: $4,500,000
Blum

Dubai, Dubai, United Arab Emirates

Blum is a decentralized exchange platform.

SeedFeb 13, 2025
Amount Raised: $5,000,000
GOAT Gaming

Singapore, Central Region, Singapore

GOAT Gaming is the developer of a gaming platform that provides players with access to a wide range of games and competition opportunities.

Digital EntertainmentOnline GamesSoftware
Series UnknownFeb 4, 2025
Amount Raised: $4,000,000
Mighty Bear Games

Singapore, Central Region, Singapore

Mighty Bear is a Singapore-based studio building the next generation of massively multiplayer online mobile games.

Online GamesSportsVideo Games
Series UnknownFeb 3, 2025
Amount Raised: $4,000,000
Pixion Games

London, England, United Kingdom

Pixion Games is a studio focused on building competitive esports games for mobile device.

BlockchainComputerVideo Games
Series UnknownJan 28, 2025
Amount Raised: $12,400,000

Oshi is an open animation platform that unites creators and fans to forge global anime hits within a blockchain-powered ecosystem.

AnimationBlockchainCryptocurrency
SeedJan 18, 2025
Amount Raised: $12,500,000
Zkcandy

Melbourne, Victoria, Australia

Zkcandy is an Ethereum-based game network.

BlockchainCryptocurrencyEthereum
SeedJan 6, 2025
Amount Raised: $4,000,000
Fraction AI

San Francisco, California, United States

A fraction AI is a decentralized platform.

Artificial Intelligence (AI)Software
Pre SeedDec 18, 2024
Amount Raised: $6,000,000