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Nirvana Capital

Asia, Beijing, China, Beijing

Description

Nirvana Capital is a prominent Beijing-based venture capital firm with a dedicated focus on the burgeoning blockchain and Web3 ecosystem. Established in 2017, the firm quickly positioned itself as an early and significant investor in the crypto space, particularly within the Asian market, though its investment scope is now global. It aims to identify and back disruptive technologies and innovative teams that are shaping the future of the decentralized internet.

The firm's investment thesis is broad yet strategic, covering various layers of the blockchain stack. Nirvana Capital actively seeks opportunities in core infrastructure, decentralized finance (DeFi), non-fungible tokens (NFTs), GameFi, and metaverse projects. Their approach is to support projects from their foundational stages, providing not just capital but also strategic guidance and network access to help portfolio companies navigate the complex and rapidly evolving Web3 landscape.

Nirvana Capital typically engages in early-stage investments, ranging from seed rounds to Series A, though they may participate in later stages for follow-on investments or highly promising ventures. In late 2021, the firm notably raised a $50 million fund dedicated to investing in early-stage crypto projects, underscoring their commitment and capacity in the sector. While specific check sizes can vary based on the project's stage and capital requirements, their typical initial investment ranges from approximately $250,000 for very early seed rounds up to $5,000,000 for leading or co-leading Series A rounds. This flexibility allows them to support a diverse portfolio of promising ventures.

With a robust portfolio that includes several well-known projects in the crypto space, Nirvana Capital has cemented its reputation as a key player in blockchain venture capital. Their long-term vision and hands-on approach make them a valuable partner for entrepreneurs building the next generation of decentralized applications and protocols.

Investor Profile

Nirvana Capital has backed more than 25 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% 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, Cayman Islands.
  • Strong thematic focus on Blockchain, Cryptocurrency, Information Technology.
  • Typical check size: $250K – $5M.

Stage Focus

  • Seed (48%)
  • Initial Coin Offering (44%)
  • Series A (8%)

Country Focus

  • United States (40%)
  • Singapore (24%)
  • Cayman Islands (8%)
  • China (8%)
  • Liechtenstein (4%)
  • Switzerland (4%)
  • Australia (4%)
  • Spain (4%)
  • South Korea (4%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Information Technology
  • Web3
  • Software
  • Internet
  • Fintech
  • Ethereum
  • Cyber Security
  • Bitcoin
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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 Nirvana Capital frequently co-invest with?

IOSG Ventures
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 4
Sora Ventures
Asia, T'ai-pei, Taiwan, Taipei
Co-Investments: 3
Node Capital
Asia, Beijing, China, Beijing
Co-Investments: 6
Fabric Ventures
Europe, England, United Kingdom, London
Co-Investments: 3
FBG Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
Union Square Ventures
North America, New York, United States, New York
Co-Investments: 3
Polychain
North America, California, United States, San Francisco
Co-Investments: 3
DHVC
North America, California, United States, Palo Alto
Co-Investments: 4
AlphaCoin Fund
North America, Midland, Cayman Islands, Grand Cayman
Co-Investments: 3
Continue Capital
North America, California, United States, San Francisco
Co-Investments: 7

Which angels does Nirvana Capital often collaborate with?

ND
North America, United States
Shared Deals: 2
Henok Tekle
North America, NA - Puerto Rico, Puerto Rico, San Juan
Shared Deals: 1
AK
North America, California, United States, Los Angeles
Shared Deals: 1
AS
Europe, Varna, Bulgaria, Varna
Shared Deals: 2
Bo Shen
Asia, Shanghai, China, Jingan
Shared Deals: 1
David J. La Placa
North America, California, United States, San Francisco
Shared Deals: 1
GB
North America, California, United States, San Francisco
Shared Deals: 2
JS
North America, Wyoming, United States, Cheyenne
Shared Deals: 1
Dan Matuszewski
North America, Massachusetts, United States
Shared Deals: 1
Jason Fang
Asia, Hong Kong
Shared Deals: 2

What are some of recent deals done by Nirvana Capital?

PROPS

New York, New York, United States

PROPS creates a decentralized model for digital media that uses blockchain technology to reward the contributors that power the network.

AdvertisingInformation TechnologyiOSMobileMobile AppsNews
Initial Coin OfferingApr 30, 2020
Amount Raised: $2,000,000
Cortex Labs

Beijing, Beijing, China

Cortex Labs is the first ever blockchain technology that allows the execution of AI algorithms on the blockchain.

Information Technology
SeedJan 1, 2020
Plair

Grand Cayman, Midland, Cayman Islands

Plair is a decentralized gaming ecosytem that rewards players for participating in the Plair platform.

BlockchaineSportsGamingVideo Games
Initial Coin OfferingNov 16, 2018
Amount Raised: $22,000,000
Blockfolio

Santa Monica, California, United States

Blockfolio offers mobile portfolio tracking and management for the cryptocurrency and blockchain industry.

BitcoinBlockchainCryptocurrencyFinancial ServicesFinTechMobile AppsVirtual Currency
Series AOct 10, 2018
Amount Raised: $11,500,000
FOAM

Brooklyn, New York, United States

FOAM works on geospatial protocol and the resulting market implications on global infrastructures.

BlockchainInternetWireless
SeedSep 11, 2018
Amount Raised: $200,000
Wetez

Beijing, Beijing, China

Wetez is a professional web3 service provider.

Developer APIsInternetIT InfrastructureWeb HostingWeb3
SeedSep 1, 2018
Immutable Systems

Sydney, New South Wales, Australia

Immutable is a blockchain-based games platform that aims to introduce people to blockchain technology.

BlockchainCyber SecurityGamingSecuritySoftware
SeedJul 18, 2018
Amount Raised: $2,400,000
Internet of Services

Singapore, Central Region, Singapore

Internet of Services develops a scalable layer 1 blockchain for online services.

ArchitectureBlockchainInternet
Initial Coin OfferingJun 29, 2018
Amount Raised: $40,000,000
Origo

Singapore, Central Region, Singapore

Origo enables users to create and execute smart contracts without leaking any sensitive information.

BlockchainCyber SecurityPrivacySecuritySmart Contracts
Initial Coin OfferingJun 10, 2018
Amount Raised: $30,000,000
Contentbox

Palo Alto, California, United States

ContentBox is a public blockchain project for the content industry with a focus on the audio and visual realm.

BlockchainCryptocurrencyVirtual Currency
Initial Coin OfferingJun 1, 2018