
Blockchain Founders Fund
Description
Blockchain Founders Fund (BFF) is a Singapore-based early-stage venture capital firm dedicated to investing in promising blockchain and Web3 startups worldwide. Established with a global outlook, BFF primarily targets companies operating in cutting-edge sectors such as Decentralized Finance (DeFi), GameFi, the Metaverse, Non-Fungible Tokens (NFTs), and core blockchain infrastructure. The fund positions itself as a key enabler for the next generation of decentralized technologies, actively seeking out innovative teams and disruptive concepts across various geographies.
BFF's investment strategy is centered on early-stage opportunities, specifically targeting pre-seed to seed rounds. They are known for their hands-on approach, providing not just capital but also strategic guidance, operational support, and access to their extensive network within the blockchain ecosystem. Their typical first cheque size ranges from $100,000 to $500,000, indicating a focus on foundational investments that help startups establish their initial product and market fit. This targeted investment range allows them to support a diverse portfolio of nascent projects.
In a significant development, Blockchain Founders Fund successfully closed its second fund at $75 million in 2022, underscoring investor confidence in their thesis and execution within the rapidly evolving Web3 space. This substantial capital pool enables BFF to continue its aggressive investment pace and provide follow-on funding to its most promising portfolio companies. With a portfolio that already spans over 100 companies, BFF demonstrates a robust commitment to fostering innovation and growth across the global blockchain landscape.
Investor Profile
Blockchain Founders Fund has backed more than 100 startups, with 14 new investments in the last 12 months alone. The firm has led 18 rounds, about 18% of its total and boasts 7 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States, Singapore, United Kingdom.
- Strong thematic focus on Blockchain, Cryptocurrency, Web3.
- Led 1 rounds in the past year.
- Typical check size: $100K – $500K.
Stage Focus
- Seed (61%)
- Pre Seed (22%)
- Series A (5%)
- Series Unknown (5%)
- Initial Coin Offering (2%)
- Series B (2%)
- Convertible Note (1%)
- Angel (1%)
- Undisclosed (1%)
Country Focus
- United States (35%)
- Singapore (9%)
- United Kingdom (9%)
- Switzerland (7%)
- India (5%)
- France (3%)
- China (3%)
- New Zealand (3%)
- United Arab Emirates (2%)
- Austria (2%)
Industry Focus
- Blockchain
- Cryptocurrency
- Web3
- Fintech
- Information Technology
- Finance
- Financial Services
- Decentralized Finance (Defi)
- Software
- Gaming
Frequently Asked Questions
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