
True Global Ventures (TGV)
Description
True Global Ventures (TGV) is a distinguished global venture capital firm that has significantly honed its investment focus on the burgeoning Web3 ecosystem. While initially encompassing broader internet, software, and mobile technologies, TGV has become a prominent investor in blockchain, NFTs, the metaverse, and other decentralized innovations. Headquartered in Singapore, the firm boasts a robust international presence with offices in key global innovation hubs, including London, New York, and San Francisco, which enables it to source and support ventures worldwide.
TGV employs a sophisticated multi-fund strategy to address different stages of company growth within the Web3 space. Its TGV 5 Fund is specifically dedicated to early-stage Web3 companies, typically deploying an average ticket size of around $3 million per investment. This fund aims to identify and nurture foundational projects and emerging leaders that are shaping the future of decentralized technologies. Complementing this, the TGV 4 Plus Fund, which successfully closed at $100 million, targets more mature, late-stage Series B and C Web3 companies, providing substantial growth capital to scale proven business models and accelerate market adoption.
The firm distinguishes itself through its deep domain expertise and a strong network within the Web3 sector, often partnering with serial entrepreneurs and offering strategic guidance beyond mere capital infusion. TGV's impressive portfolio includes industry-leading companies such as Animoca Brands and The Sandbox, underscoring its commitment to backing transformative ventures. Their investment philosophy is centered on identifying disruptive technologies and supporting companies with robust fundamentals and innovative solutions, positioning TGV as a pivotal player in the rapidly evolving landscape of Web3 venture capital.
Investor Profile
True Global Ventures (TGV) has backed more than 31 startups, with 14 new investments in the last 12 months alone. The firm has led 16 rounds, about 52% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Seed rounds (top funding stages).
- Majority of deals are located in United States, France, Singapore.
- Strong thematic focus on Blockchain, Software, Artificial Intelligence (AI).
- Led 10 rounds in the past year.
- Typical check size: $1M – $10M.
Stage Focus
- Series A (26%)
- Series B (19%)
- Seed (19%)
- Series Unknown (13%)
- Convertible Note (6%)
- Series C (3%)
- Private Equity (3%)
- Post Ipo Equity (3%)
- Secondary Market (3%)
- Undisclosed (3%)
Country Focus
- United States (39%)
- France (13%)
- Singapore (6%)
- Hong Kong (6%)
- Spain (6%)
- Germany (6%)
- United Kingdom (6%)
- Sweden (6%)
- Switzerland (6%)
- Poland (3%)
Industry Focus
- Blockchain
- Software
- Artificial Intelligence (Ai)
- Financial Services
- Information Technology
- Cryptocurrency
- Machine Learning
- Marketplace
- Video Games
- Saas
Frequently Asked Questions
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