
Ascensive Assets
Description
Ascensive Assets is a prominent private investment firm based in Seoul, South Korea, exclusively dedicated to the burgeoning digital assets industry. Established as a multi-strategy fund, the firm primarily focuses on early-stage blockchain projects, encompassing a broad spectrum of the Web3 ecosystem. Their investment mandate spans decentralized finance (DeFi), GameFi, non-fungible tokens (NFTs), and foundational Web3 infrastructure, demonstrating a comprehensive approach to the evolving digital economy. Ascensive Assets positions itself as a strategic partner, leveraging its deep understanding of the crypto landscape to identify and support innovative ventures globally.
The firm's investment philosophy centers on identifying disruptive technologies and protocols that aim to redefine digital ownership, financial systems, and online interactions. While headquartered in Asia, Ascensive Assets maintains a global outlook, actively participating in funding rounds for projects across North America, Europe, and other key innovation hubs. Their "multi-strategy" approach suggests flexibility in investment vehicles, potentially including venture equity, token purchases, and other structured investments tailored to the unique nature of digital asset companies. This allows them to engage with projects from their nascent stages, providing crucial early capital and strategic guidance.
Ascensive Assets boasts a robust and diverse portfolio, reflecting its commitment to pioneering projects within the digital asset space. As of early 2024, the firm has made over 100 investments, showcasing its prolific activity in the market. Notable investments include participation in significant funding rounds for industry leaders such as LayerZero, which secured a $120 million Series B round, and Celestia, which raised $55 million in its Series A. Other key portfolio companies include Manta Network and Synapse, underscoring Ascensive Assets' role in backing foundational and high-growth protocols. Their consistent presence in major funding rounds highlights their influence and commitment to fostering the next generation of Web3 innovation.
Investor Profile
Ascensive Assets has backed more than 44 startups, with 0 new investments in the last 12 months alone. The firm has led 8 rounds, about 18% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
- Majority of deals are located in United States, Singapore, Hong Kong.
- Strong thematic focus on Blockchain, Cryptocurrency, Financial Services.
Stage Focus
- Seed (75%)
- Series Unknown (9%)
- Series A (7%)
- Pre Seed (5%)
- Private Equity (2%)
- Initial Coin Offering (2%)
Country Focus
- United States (27%)
- Singapore (23%)
- Hong Kong (5%)
- Australia (5%)
- Philippines (5%)
- United Kingdom (5%)
- Brazil (5%)
- Turkey (5%)
- Cayman Islands (2%)
- Canada (2%)
Industry Focus
- Blockchain
- Cryptocurrency
- Financial Services
- Web3
- Gaming
- Fintech
- Metaverse
- Software
- Video Games
- Finance
Frequently Asked Questions
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