
FBG Capital
Description
FBG Capital is a prominent digital asset management firm and blockchain-focused investment fund, primarily operating out of Singapore, with historical roots in China. Established as a significant player in the nascent blockchain industry, FBG Capital gained considerable recognition during the initial coin offering (ICO) boom, positioning itself as a key strategic investor in numerous foundational blockchain projects. The firm's investment thesis centers on identifying and supporting innovative technologies and protocols that drive the evolution of the decentralized web, encompassing areas such as blockchain infrastructure, decentralized finance (DeFi), GameFi, and broader Web3 applications.
The firm is known for its hands-on approach, often providing strategic guidance, market insights, and liquidity support to its portfolio companies. FBG Capital's investment strategy is flexible, engaging in both equity and token-based investments, allowing them to participate across various stages of a project's development. Their extensive portfolio includes early and strategic investments in well-known projects such as Polkadot, Filecoin, Aelf, and Zilliqa, demonstrating their foresight in identifying future industry leaders. As of 2018, FBG Capital was reported to manage over $400 million in digital assets, underscoring its substantial presence and influence within the crypto ecosystem.
With a track record spanning several years, FBG Capital has made over 100 reported investments, solidifying its reputation as a prolific and influential investor in the digital asset space. Their typical first cheque sizes can vary significantly depending on the stage and nature of the investment, ranging from seed-stage participations to larger strategic allocations in private sales. They generally target projects with strong technological foundations and clear market potential, aiming to foster long-term growth and adoption within the blockchain landscape.
Investor Profile
FBG Capital has backed more than 76 startups, with 4 new investments in the last 12 months alone. The firm has led 7 rounds, about 9% of its total and boasts 1 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 United States, Singapore, China.
- Strong thematic focus on Blockchain, Cryptocurrency, Financial Services.
- Typical check size: $250K – $5M.
Stage Focus
- Seed (54%)
- Initial Coin Offering (14%)
- Series A (14%)
- Series Unknown (9%)
- Pre Seed (4%)
- Corporate Round (1%)
- Angel (1%)
- Series B (1%)
Country Focus
- United States (39%)
- Singapore (22%)
- China (8%)
- United Kingdom (7%)
- Hong Kong (4%)
- Canada (4%)
- Australia (4%)
- Taiwan (3%)
- Estonia (1%)
- Germany (1%)
Industry Focus
- Blockchain
- Cryptocurrency
- Financial Services
- Information Technology
- Fintech
- Software
- Web3
- Gaming
- Metaverse
- Bitcoin
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.