
D1 Ventures
Description
D1 Ventures is a Beijing-based venture capital firm deeply committed to fostering the "Future of Open Economy," a term that encapsulates the burgeoning Web3, blockchain, and cryptocurrency sectors. As an early-stage investor, the firm strategically targets innovative projects from their nascent seed phases through to Series A funding rounds, aiming to identify and empower the foundational technologies and applications that will drive the next wave of decentralization.
The core of D1 Ventures' investment thesis lies in supporting ventures that are building the infrastructure and applications for a more open, transparent, and decentralized internet. Their diverse portfolio spans critical areas within the Web3 ecosystem, including sophisticated decentralized finance (DeFi) protocols, immersive GameFi experiences, cutting-edge non-fungible token (NFT) platforms, and robust Layer 1 and Layer 2 scaling solutions. The firm seeks out teams with strong technical expertise and a clear vision for how their innovations will contribute to the broader digital asset landscape.
D1 Ventures has rapidly established itself as a significant player in the global Web3 investment landscape, evidenced by its extensive portfolio comprising over 60 distinct projects. Their strategic capital deployment has supported some of the most impactful names in the space, including their participation in the substantial $120 million Series B funding round for Arbitrum, a leading Layer 2 scaling solution for Ethereum. Beyond capital, D1 Ventures emphasizes a collaborative approach, providing portfolio companies with strategic guidance, industry connections, and operational support to accelerate their growth and market adoption. This hands-on methodology underscores their commitment to long-term value creation within the evolving open economy.
Investor Profile
D1 Ventures has backed more than 54 startups, with 2 new investments in the last 12 months alone. The firm has led 2 rounds, about 4% of its total and boasts 2 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, Switzerland.
- Strong thematic focus on Blockchain, Cryptocurrency, Software.
- Typical check size: $500K – $8M.
Stage Focus
- Seed (63%)
- Series Unknown (11%)
- Series A (7%)
- Pre Seed (6%)
- Initial Coin Offering (4%)
- Series D (2%)
- Private Equity (2%)
- Series F (2%)
- Undisclosed (2%)
- Angel (2%)
Country Focus
- United States (31%)
- Singapore (13%)
- Switzerland (7%)
- Germany (6%)
- United Kingdom (6%)
- China (4%)
- Lithuania (4%)
- Saint Kitts and Nevis (4%)
- United Arab Emirates (2%)
- Australia (2%)
Industry Focus
- Blockchain
- Cryptocurrency
- Software
- Information Technology
- Financial Services
- Web3
- Developer Tools
- Marketplace
- Decentralized Finance (Defi)
- Trading Platform
Frequently Asked Questions
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