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ZBS CAPITAL

Europe, Kyyiv, Ukraine, Kyiv

Description

ZBS Capital is a Kyiv, Ukraine-based venture capital fund established in 2021, specializing in early-stage investments within the rapidly evolving decentralized world. The firm's core focus is on companies building foundational technologies and applications in the blockchain, Web3, and decentralized finance (DeFi) sectors. They actively seek out innovative projects that contribute to the infrastructure and adoption of a decentralized future.

Their investment thesis is deeply rooted in supporting the growth of the blockchain ecosystem, with a particular emphasis on Layer 1 and Layer 2 solutions, cross-chain protocols, and critical infrastructure. ZBS Capital's portfolio showcases strategic investments in some of the most prominent names in the space, including LayerZero Labs, Celestia, Scroll, Manta Network, Arbitrum, Optimism, and zkSync. These investments highlight their commitment to backing projects that enhance scalability, interoperability, and user experience within decentralized networks.

ZBS Capital maintains an active investment strategy, typically deploying initial cheques ranging from $100,000 to $1,000,000. Since its inception, the fund has rapidly built a substantial portfolio, now comprising over 100 projects. With over $50 million in assets under management (AUM), ZBS Capital has positioned itself as a significant player in the crypto venture capital landscape, providing not only capital but also strategic support and network access to its portfolio companies as they navigate the complexities of the decentralized economy.

Investor Profile

ZBS CAPITAL has backed more than 126 startups, with 3 new investments in the last 12 months alone. The firm has led 2 rounds, about 2% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Initial Coin Offering rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, United Arab Emirates.
  • Strong thematic focus on Blockchain, Cryptocurrency, Financial Services.
  • Typical check size: $100K – $1M.

Stage Focus

  • Seed (72%)
  • Series Unknown (10%)
  • Initial Coin Offering (9%)
  • Series A (4%)
  • Pre Seed (2%)
  • Undisclosed (2%)
  • Corporate Round (1%)

Country Focus

  • United States (13%)
  • Singapore (13%)
  • United Arab Emirates (6%)
  • Hong Kong (6%)
  • Estonia (5%)
  • India (4%)
  • Vietnam (4%)
  • United Kingdom (4%)
  • Canada (3%)
  • Sweden (3%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Financial Services
  • Gaming
  • Software
  • Web3
  • Fintech
  • Metaverse
  • Information Technology
  • Finance
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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 ZBS CAPITAL frequently co-invest with?

GBV Capital
North America, Midland, Cayman Islands, Grand Cayman
Co-Investments: 17
LD Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 12
Parachain Ventures
Europe, Bucuresti, Romania, Bucharest
Co-Investments: 13
NGC Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 23
Exnetwork Capital
Asia, Manila, Philippines, Manila
Co-Investments: 16
AU21 Capital
North America, California, United States, San Francisco
Co-Investments: 30
Morningstar Ventures
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 10
Basics Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 11
MC
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 18
X21 Digital
Asia, Central Region, Singapore, Singapore
Co-Investments: 22

Which angels does ZBS CAPITAL often collaborate with?

Shared Deals: 3
Gabby Dizon
Asia, Rizal, Philippines, Pasig
Shared Deals: 2
IL
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 2
Heslin Kim
Asia, South Korea
Shared Deals: 2
Shared Deals: 2
Ravindra Kumar
Asia, Karnataka, India, Bangalore
Shared Deals: 2
Ash Crypto
Asia, Dubai, United Arab Emirates, Dubai
Shared Deals: 2
KW
North America, California, United States, San Francisco
Shared Deals: 2
SB
North America, California, United States, San Francisco
Shared Deals: 2
Loi Luu
Asia, Singapore
Shared Deals: 2

What are some of recent deals done by ZBS CAPITAL?

Alliance Games

Bad Oldesloe, Schleswig-Holstein, Germany

Alliance Games provides the next level of decentralized Web3 gaming infrastructure hosting and data storage services for Web3 games.

GamingWeb3
Series AOct 31, 2024
Amount Raised: $5,000,000
Yellow

South San Francisco, California, United States

Yellow is a financial services provider of software, analytics, and investments in blockchain startups.

BlockchainFinancial ServicesTrading Platform
SeedSep 17, 2024
Amount Raised: $10,000,000
KIP Protocol

Hong Kong, Hong Kong Island, Hong Kong

KIP Protocol is a decentralized base layer on which AI models, apps, and data owners can safely transact and monetize in Web3.

Artificial Intelligence (AI)BlockchainCryptocurrencyWeb3
Series UnknownAug 16, 2024
Amount Raised: $5,000,000
Covalent

Vancouver, British Columbia, Canada

Covalent is design to address a problem that is frequently overlooked: read-scalability.

BlockchainCryptocurrencyData IntegrationData VisualizationDatabaseDeveloper APIsEthereumFinTechInformation TechnologySoftware
Series UnknownJun 26, 2024
Amount Raised: $3,661,032

Zyfi is a flexible paymaster-as-a-service that allows you to pay for gas using any ERC-20 on zksync.

BlockchainCryptocurrency
SeedJun 10, 2024
Amount Raised: $2,000,000
Sidus Heroes

Sydney, New South Wales, Australia

Sidus Heroes is a developer of browser gaming metaverse.

BlockchainCryptocurrencyGamingMetaverseNon-Fungible Token (NFT)Online GamesWeb3
SeedJun 3, 2024

XSwap is a cross-chain swaps protocol that provide protocols and end-users with secure, reliable, and simple cross-chain payments.

Decentralized Finance (DeFi)Payments
SeedMay 9, 2024

SatoshiSync is a chain-agnostic protocol that powers runes, inscriptions, and BTC L2.

BitcoinFinTechNon-Fungible Token (NFT)
SeedApr 3, 2024

BonusBlock is a protocol for on-chain engagement and user onboarding solution providers.

Artificial Intelligence (AI)Non-Fungible Token (NFT)
SeedApr 2, 2024
Amount Raised: $2,300,000

Hedgehog Protocol operates as a cryptocurrency trading fee hedging protocol.

CryptocurrencyDecentralized Finance (DeFi)
Pre SeedMar 6, 2024
Amount Raised: $1,500,000