Exnetwork Capital logo

Exnetwork Capital

Asia, Manila, Philippines, Manila

Description

Exnetwork Capital is a Manila-based venture capital firm primarily focused on funding innovation within the decentralization movement, encompassing the broader Web3 ecosystem. Established with a strong emphasis on early-stage projects, the firm actively invests across various blockchain-centric sectors, including Decentralized Finance (DeFi), GameFi, NFTs, the Metaverse, and foundational blockchain infrastructure. Their investment thesis centers on identifying and supporting nascent technologies and protocols that aim to reshape digital interactions and ownership.

Exnetwork Capital distinguishes itself through a community-driven investment model, leveraging its network to provide strategic support beyond just capital. This approach is particularly valuable for early-stage blockchain projects navigating a rapidly evolving landscape. The firm has built an extensive portfolio, having invested in over 200 projects since its inception. This high volume of investments underscores their commitment to broad participation in the Web3 space, often taking early positions in promising ventures.

As an early-stage investor, Exnetwork Capital typically deploys initial checks ranging from approximately $50,000 to $500,000. These investments are primarily directed towards pre-seed and seed-stage companies, providing crucial early funding for development and market entry. Their strategic location in Manila, Philippines, positions them within a dynamic emerging market for blockchain innovation, though their portfolio demonstrates a global reach. The firm aims to foster the growth of the decentralized web by backing foundational technologies and applications that drive the next wave of digital transformation.

Investor Profile

Exnetwork Capital has backed more than 67 startups, with 1 new investments in the last 12 months alone. The firm has led 3 rounds, about 4% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Initial Coin Offering, Series A rounds (top funding stages).
  • Majority of deals are located in Singapore, United States, Vietnam.
  • Strong thematic focus on Blockchain, Gaming, Cryptocurrency.
  • Typical check size: $50K – $500K.

Stage Focus

  • Seed (79%)
  • Initial Coin Offering (6%)
  • Series A (4%)
  • Series Unknown (4%)
  • Pre Seed (3%)
  • Corporate Round (3%)

Country Focus

  • Singapore (16%)
  • United States (9%)
  • Vietnam (9%)
  • India (9%)
  • United Kingdom (7%)
  • United Arab Emirates (4%)
  • Estonia (4%)
  • Panama (4%)
  • Germany (4%)
  • Italy (3%)

Industry Focus

  • Blockchain
  • Gaming
  • Cryptocurrency
  • Metaverse
  • Software
  • Financial Services
  • Information Technology
  • Fintech
  • Online Games
  • Web3
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Exnetwork Capital frequently co-invest with?

Co-Investments: 12
NGC Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 14
ZBS CAPITAL
Europe, Kyyiv, Ukraine, Kyiv
Co-Investments: 16
MV
North America, West Virginia, United States, London
Co-Investments: 12
Momentum 6
North America, California, United States, San Francisco
Co-Investments: 12
AU21 Capital
North America, California, United States, San Francisco
Co-Investments: 26
Genblock Capital
North America, California, United States, San Francisco
Co-Investments: 12
Basics Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 15
Dutch Crypto Investors
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 15
X21 Digital
Asia, Central Region, Singapore, Singapore
Co-Investments: 23

Which angels does Exnetwork Capital often collaborate with?

Gabby Dizon
Asia, Rizal, Philippines, Pasig
Shared Deals: 1
Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 1
Nischal Shetty
Asia, Maharashtra, India, Mumbai
Shared Deals: 2
Ravindra Kumar
Asia, Karnataka, India, Bangalore
Shared Deals: 2
Tamar Menteshashvili
Asia, T'bilisi, Georgia
Shared Deals: 2
RD
North America, NA - Puerto Rico, Puerto Rico, San Juan
Shared Deals: 1
CW
Asia, Kuala Lumpur, Malaysia, Kuala Lumpur
Shared Deals: 1
SB
North America, California, United States, San Francisco
Shared Deals: 2
Vilma Mattila
Asia, Dubai, United Arab Emirates, Dubai
Shared Deals: 1
Shashwat Gupta
Asia, Singapore
Shared Deals: 2

What are some of recent deals done by Exnetwork 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
Monad Pad

Oslo, Oslo, Norway

Monad Pad is a platform for tokens and NFTs.

Blockchain
SeedJul 5, 2024
Amount Raised: $945,000
GPU.Net

Delhi, Delhi, India

GPU Network is a decentralized graphics processing unit on-demand infrastructure that supports the next generation of generative AI.

Artificial Intelligence (AI)
Series AApr 10, 2024
Amount Raised: $5,250,000

Hydro is a specialize injective-native LSD+LSDFi protocol.

CryptocurrencyDecentralized Finance (DeFi)FinTechInformation Services
SeedFeb 12, 2024
Analog

Newark, Delaware, United States

Analog is a decentralized, PoT based layer-0 network that aims to provide a secure and scalable way to transmit validated event data.

BlockchainCryptocurrencyMarketingSoftwareWeb3
SeedFeb 12, 2024
Amount Raised: $16,000,000
Volare Finance

New York, New York, United States

Volare Finance provides a transparent, trustless, and convenient decentralized option trading without intermediaries.

BlockchainFinancial ServicesFinTech
SeedJul 26, 2022
Reign of Terror

Taipei, T'ai-pei, Taiwan

Reign of Terror is a cyberpunk metaverse blockchain game created to immerse players in a dreamlike futuristic metaverse.

BlockchainGamingMetaverse
SeedMar 24, 2022
Amount Raised: $5,000,000
KlayCity

Seoul, Seoul-t'ukpyolsi, South Korea

KlayCity is a P2E virtual world where district NFT owners can govern, explore and earn while enjoying the gaming experience.

BlockchainCryptocurrencyFinanceGamingVirtual Currency
SeedMar 20, 2022
Amount Raised: $3,714,434
Hydraverse

América, Managua, Nicaragua

Hydraverse is a metaverse dragon fighting game developer that offers PVP dragon fighting game software.

MetaverseSoftware
SeedMar 7, 2022
Amount Raised: $1,700,000
VisionGame

Turin, Piemonte, Italy

VisionGame brings the traditional game publishing experience, boosted for the blockchain.

Gaming
SeedFeb 18, 2022
Amount Raised: $3,800,000