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Fundamental Labs

Asia, Central Region, Singapore, Singapore

Description

Fundamental Labs is a prominent venture capital firm headquartered in Singapore, established with a dedicated focus on the burgeoning Web3 ecosystem. Since its inception, the firm has positioned itself as a significant player in the blockchain and digital asset space, committing capital to innovative projects that aim to redefine the internet's future. With a reported asset under management (AUM) exceeding $1 billion, Fundamental Labs has the financial muscle to back ambitious ventures across various stages of development. Their investment thesis is deeply rooted in identifying foundational technologies and disruptive applications within the decentralized landscape.

The firm's investment strategy is comprehensive, spanning from early-stage seed rounds to more mature growth-stage investments. Fundamental Labs actively seeks opportunities in core blockchain infrastructure, decentralized finance (DeFi), non-fungible tokens (NFTs), GameFi, and other emerging Web3 verticals. They are known for their long-term perspective, often acting as strategic partners rather than just capital providers. This approach includes offering operational support, industry insights, and access to their extensive network, which helps portfolio companies navigate the complexities of the rapidly evolving crypto market.

Fundamental Labs boasts an impressive portfolio of over 200 projects, reflecting their broad reach and influence within the Web3 sector. Their investments include some of the most recognized names in the blockchain industry, such as Filecoin, Polkadot, Avalanche, Near Protocol, Solana, and Chainlink. They have also backed major centralized entities like Coinbase and Binance, showcasing a diversified approach to the digital asset economy. This extensive track record underscores Fundamental Labs' commitment to fostering innovation and supporting the growth of the next generation of internet technologies. Their typical first cheque sizes for promising ventures generally range from $1 million to $10 million, though they can participate in larger strategic rounds depending on the opportunity.

Investor Profile

Fundamental Labs has backed more than 56 startups, with 1 new investments in the last 12 months alone. The firm has led 6 rounds, about 11% of its total and boasts 4 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, Switzerland.
  • Strong thematic focus on Blockchain, Cryptocurrency, Software.
  • Typical check size: $1M – $10M.

Stage Focus

  • Seed (52%)
  • Initial Coin Offering (16%)
  • Series A (13%)
  • Series Unknown (9%)
  • Corporate Round (4%)
  • Pre Seed (4%)
  • Series F (2%)
  • Angel (2%)

Country Focus

  • United States (39%)
  • Singapore (29%)
  • Switzerland (7%)
  • Germany (4%)
  • Australia (4%)
  • United Kingdom (4%)
  • Panama (2%)
  • Kenya (2%)
  • Cayman Islands (2%)
  • Nigeria (2%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Software
  • Web3
  • Information Technology
  • Gaming
  • Financial Services
  • Apps
  • Internet
  • Fintech
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FAQ

Frequently Asked Questions

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

Who does Fundamental Labs frequently co-invest with?

Spark Digital Capital
North America, New York, United States, New York
Co-Investments: 5
IOSG Ventures
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 5
GSR
Europe, England, United Kingdom, London
Co-Investments: 5
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 5
Fenbushi Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 8
NGC Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 5
Animoca Brands
Asia, Hong Kong Island, Hong Kong, Cyberport
Co-Investments: 9
Double Peak Group
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 5
Digital Finance Group (DFG)
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
The Spartan Group
Asia, Central Region, Singapore, Singapore
Co-Investments: 7

Which angels does Fundamental Labs often collaborate with?

AS
Europe, Varna, Bulgaria, Varna
Shared Deals: 4
Liang Xinjun
Asia, Shanghai, China, Shanghai
Shared Deals: 1
Ganesh Kompella
Asia, Dubai, United Arab Emirates, Dubai
Shared Deals: 1
BW
North America, California, United States, San Francisco
Shared Deals: 1
GB
North America, California, United States, San Francisco
Shared Deals: 5
AW
North America, Nevada, United States, Incline Village
Shared Deals: 1
XY
North America, California, United States, Los Angeles
Shared Deals: 1
KW
North America, California, United States, San Francisco
Shared Deals: 1
RC
North America, Oregon, United States, Portland
Shared Deals: 1
PL
North America, California, United States, Los Angeles
Shared Deals: 1

What are some of recent deals done by Fundamental Labs?

Bitfi

Virgin, Utah, United States

BitFi is an innovative platform for CeDeFi.

SeedJul 25, 2024
Amount Raised: $50,000,000
Gamic

Lagos, Lagos, Nigeria

Imagine Discord, but for Web3. Gamic merges all the Web3 tools online communities use into a single, robust user-friendly platform.

BlockchainGamingSoftwareWeb3
SeedMay 14, 2024
Amount Raised: $1,800,000
peaq

Singapore, Central Region, Singapore

The Layer-1 Blockchain for DePIN

BlockchainInformation TechnologyInternetInternet of ThingsIT InfrastructureSoftwareWeb3
Series AMar 27, 2024
Amount Raised: $15,000,000
Truflation

San Francisco, California, United States

Daily, unbiased, data-driven, real-market inflation rate available on-chain for your DeFi product.

Financial ServicesInformation TechnologyWeb3
Series AFeb 6, 2024
Amount Raised: $6,000,000
Bitlight Labs

Los Angeles, California, United States

Bitlight Labs builds infrastructure using the RGB protocol and the Bitcoin Lightning Network..

BitcoinCryptocurrencyInformation Technology
SeedFeb 2, 2024
NexGami

Vancouver, British Columbia, Canada

NexGami is a gamefi platform that empowers the next generation of players by reshaping the gaming landscape.

GamingMedia and Entertainment
Pre SeedOct 2, 2023
Amount Raised: $2,000,000
Pop Social

New York, New York, United States

Pop Social is a Web 3 social gateway that bridges the gap between conventional social media and shared social experiences.

BlockchainCryptocurrencyFinTech
SeedSep 8, 2023
Amount Raised: $4,000,000
EcoSapiens

San Francisco, California, United States

Ecosapiens is a Web3/NFT project enabling consumers to make a positive impact on the climate.

BlockchainProject ManagementSustainabilityWeb3
SeedApr 4, 2023
Amount Raised: $3,500,000
Jumbo

Menlo Park, California, United States

Jumbo is a decentralized exchange platform for automated market markers.

BlockchainCryptocurrencySoftwareVirtual Currency
Series UnknownNov 16, 2022
Amount Raised: $3,500,000
Optim Finance

Atlanta, Georgia, United States

Optim Finance builds software that provides decentralized solutions on the blockchain.

BlockchainFinanceSoftware
SeedOct 1, 2022
Amount Raised: $3,900,000