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IOSG Ventures

Asia, Hong Kong Island, Hong Kong, Hong Kong

Description

IOSG Ventures is a prominent venture capital firm headquartered in Hong Kong, specializing in early-stage investments within the burgeoning Web3 ecosystem. Established with a clear vision, the firm primarily backs decentralized protocols and blockchain infrastructure projects, demonstrating a strong commitment to the foundational layers of the next generation internet. Their investment thesis centers on identifying and nurturing innovative companies that are building the core technologies for a decentralized future, ranging from Layer 2 solutions to zero-knowledge proofs and modular blockchains.

The firm's strategic focus extends across various critical segments of Web3, including decentralized finance (DeFi), GameFi, and cutting-edge infrastructure. IOSG Ventures is known for its research-driven approach, often engaging deeply with technical teams and contributing to the architectural development of their portfolio companies. They have cultivated a global footprint, actively investing in projects worldwide and fostering a diverse portfolio that includes some of the most recognized names in the blockchain space, such as Polkadot, Near Protocol, and Arbitrum.

Beyond providing capital, IOSG Ventures emphasizes its role as an ecosystem builder, offering strategic guidance, technical support, and extensive network access to its portfolio companies. They are actively involved in community development, hosting workshops, hackathons, and research initiatives to accelerate the growth of the Web3 space. This hands-on approach aims to create a supportive environment where early-stage ventures can thrive, leveraging IOSG's deep industry knowledge and connections to navigate complex technological and market challenges.

IOSG Ventures has demonstrated significant fundraising success, having recently closed its fourth fund, IOSG Ventures Fund IV, at $120 million in November 2023. This follows their previous $100 million Fund III, closed in 2022, underscoring their continued commitment and capacity in the Web3 investment landscape. The firm typically deploys first checks ranging from $500,000 for pre-seed and seed rounds, extending up to $5 million for Series A investments, reflecting their dedication to supporting projects from their nascent stages through significant growth milestones. Their portfolio boasts investments in over 100 projects, showcasing their broad reach and impact within the decentralized technology sector.

Investor Profile

IOSG Ventures has backed more than 143 startups, with 8 new investments in the last 12 months alone. The firm has led 21 rounds, about 15% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, Switzerland.
  • Strong thematic focus on Blockchain, Cryptocurrency, Software.
  • Led 1 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (50%)
  • Series A (22%)
  • Series Unknown (12%)
  • Initial Coin Offering (8%)
  • Pre Seed (6%)
  • Undisclosed (1%)
  • Angel (1%)
  • Corporate Round (1%)
  • Series C (1%)

Country Focus

  • United States (41%)
  • Singapore (13%)
  • Switzerland (7%)
  • Australia (4%)
  • United Kingdom (3%)
  • France (3%)
  • Israel (2%)
  • Vietnam (2%)
  • Canada (2%)
  • Cayman Islands (1%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Software
  • Information Technology
  • Web3
  • Financial Services
  • Fintech
  • Ethereum
  • Internet
  • Decentralized Finance (Defi)
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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 IOSG Ventures frequently co-invest with?

OKX Ventures
Africa, Beau Vallon, Seychelles, Mahé
Co-Investments: 12
SevenX Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 11
Hypersphere Ventures
North America, Florida, United States, Miami
Co-Investments: 14
Coinbase Ventures
North America, California, United States, Oakland
Co-Investments: 14
Fenbushi Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 21
PC
North America, Connecticut, United States, Greenwich
Co-Investments: 11
Binance Labs
Europe, NA - Malta, Malta, Birkirkara
Co-Investments: 11
Polychain
North America, California, United States, San Francisco
Co-Investments: 16
The Spartan Group
Asia, Central Region, Singapore, Singapore
Co-Investments: 11
Alameda Research
Asia, Hong Kong Island, Hong Kong, Central and Western
Co-Investments: 12

Which angels does IOSG Ventures often collaborate with?

Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 6
GV
North America, New York, United States, New York
Shared Deals: 3
Sandeep Nailwal
Asia, Indonesia
Shared Deals: 4
AS
North America, California, United States, San Francisco
Shared Deals: 3
Liang Xinjun
Asia, Shanghai, China, Shanghai
Shared Deals: 2
AB
Europe, Noord-Holland, The Netherlands, Amstelveen
Shared Deals: 3
GB
North America, California, United States, San Francisco
Shared Deals: 3
Suji Yan
Asia, Tokyo, Japan
Shared Deals: 3
TS
North America, North Carolina, United States, Chapel Hill
Shared Deals: 3
IP
North America, California, United States, Mountain View
Shared Deals: 3

What are some of recent deals done by IOSG Ventures?

Shaga

Dover, Delaware, United States

Shaga is the provider of the Solana Ecosystem DePIN project.

Artificial Intelligence (AI)BlockchainGaming
SeedFeb 27, 2025
Amount Raised: $4,000,000
Usual

Paris, Ile-de-France, France

The new playbook for financial freedom.

Decentralized Finance (DeFi)Financial Services
Series ADec 23, 2024
Amount Raised: $10,000,000
Hyperbolic

Irvine, California, United States

Hyperbolic is a software development company that provides web and networking solutions to build decentralized computing platforms.

Cloud ComputingInformation TechnologyMachine LearningSoftware
Series ADec 10, 2024
Amount Raised: $12,000,000
OpenLayer

Sunnyvale, California, United States

OpenLayer is a modular authentic data layer designed to modernize traditional data flows.

Information TechnologyInternet
SeedNov 19, 2024
Amount Raised: $5,000,000

Brevis is a smart verifiable computing platform that brings infinite scalability to existing blockchains.

BlockchainCryptocurrencyWeb3
SeedNov 11, 2024
Amount Raised: $7,500,000
Gelato

Zug, Zug, Switzerland

Gelato is web3’s cloud platform empowering builders to deploy their own Ethereum Rollups with a single-click.

BlockchainDeveloper ToolsEthereumSmart ContractsSoftwareWeb3
Series AOct 28, 2024
Amount Raised: $11,000,000
Essential

Montréal, Quebec, Canada

Essential is building intent-based infrastructure & tooling to accelerate the transition from value extraction to intent satisfaction.

BlockchainCryptocurrencySoftware Engineering
Series AAug 13, 2024
Amount Raised: $8,006,230
Morpho Labs

Paris, Ile-de-France, France

Morpho is a decentralized cryptocurrency lending protocol that provides lending and borrowing services.

BlockchainCryptocurrencyFinancial ServicesLending
Series UnknownAug 1, 2024
Amount Raised: $50,000,000
Yongsheng Art

Haikou, Hainan, China

Yongsheng Art operates a digital collecting platform.

BlockchainInformation ServicesVirtual Currency
SeedJul 5, 2024
Amount Raised: $2,000,000
onaji

Dover, Delaware, United States

Onaji is a Machine Learning Platform for Smart Contract Blockchains.

Artificial Intelligence (AI)Blockchain
Pre SeedJul 3, 2024
Amount Raised: $2,500,000