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X21 Digital

Asia, Central Region, Singapore, Singapore

Description

X21 Digital is a Singapore-based venture capital and advisory firm deeply embedded in the blockchain and Web3 ecosystem. Established with a clear mission to incubate, advise, fund, and support early-stage blockchain projects, the firm positions itself as a crucial partner for nascent ventures aiming for sustainable success. Unlike traditional VCs, X21 Digital adopts a hands-on approach, leveraging its extensive network and expertise to guide projects from conception through various growth stages.

The firm's investment thesis centers on identifying and nurturing innovative blockchain projects, particularly those in the decentralized finance (DeFi), GameFi, metaverse, and infrastructure sectors. X21 Digital goes beyond mere capital injection, offering comprehensive advisory services that encompass strategic partnerships, robust marketing campaigns, community building initiatives, and technical development support. This holistic model is designed to provide portfolio companies with the foundational elements necessary to navigate the complex and rapidly evolving blockchain landscape.

X21 Digital has built an impressive portfolio, having invested in and supported over 100+ projects since its inception. Notable investments include prominent names within the crypto space such as Star Atlas, Bloktopia, and Sidus Heroes, among many others. Their involvement often begins at the private sale or seed stage, where their strategic guidance can significantly influence a project's trajectory. Through their efforts, X21 Digital claims to have facilitated the raising of over $100 million for their portfolio companies, underscoring their impact on capital formation within the Web3 space. The firm's global network of industry leaders further enhances its ability to connect projects with vital resources and opportunities.

X21 Digital's commitment to fostering innovation extends beyond direct investments, as they actively contribute to the broader blockchain community through thought leadership and strategic collaborations. Their model emphasizes long-term partnerships, aiming to build resilient and impactful decentralized applications and protocols. By combining financial backing with extensive operational support, X21 Digital plays a significant role in shaping the future of the decentralized internet.

Investor Profile

X21 Digital has backed more than 89 startups, with 4 new investments in the last 12 months alone. The firm has led 8 rounds, about 9% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Initial Coin Offering rounds (top funding stages).
  • Majority of deals are located in Singapore, Vietnam, United States.
  • Strong thematic focus on Blockchain, Cryptocurrency, Gaming.
  • Typical check size: $50K – $500K.

Stage Focus

  • Seed (72%)
  • Series Unknown (9%)
  • Initial Coin Offering (7%)
  • Pre Seed (7%)
  • Series A (3%)
  • Corporate Round (1%)
  • Undisclosed (1%)

Country Focus

  • Singapore (12%)
  • Vietnam (10%)
  • United States (10%)
  • United Arab Emirates (7%)
  • Estonia (7%)
  • United Kingdom (6%)
  • India (6%)
  • Spain (4%)
  • Lithuania (3%)
  • Marshall Islands (2%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Gaming
  • Financial Services
  • Metaverse
  • Video Games
  • Information Technology
  • Web3
  • Software
  • Non-fungible Token (Nft)
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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 X21 Digital frequently co-invest with?

Co-Investments: 17
Co-Investments: 14
Exnetwork Capital
Asia, Manila, Philippines, Manila
Co-Investments: 23
ZBS CAPITAL
Europe, Kyyiv, Ukraine, Kyiv
Co-Investments: 22
MV
North America, West Virginia, United States, London
Co-Investments: 14
Momentum 6
North America, California, United States, San Francisco
Co-Investments: 18
AU21 Capital
North America, California, United States, San Francisco
Co-Investments: 42
Genblock Capital
North America, California, United States, San Francisco
Co-Investments: 17
Basics Capital
Asia, Central Region, Singapore, Singapore
Co-Investments: 17
MC
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 31

Which angels does X21 Digital often collaborate with?

Shared Deals: 3
Sandeep Nailwal
Asia, Indonesia
Shared Deals: 2
AB
Europe, Lisboa, Portugal, Lisbon
Shared Deals: 1
WO
North America, California, United States, Los Angeles
Shared Deals: 1
JD
North America, Texas, United States, San Antonio
Shared Deals: 1
Ravindra Kumar
Asia, Karnataka, India, Bangalore
Shared Deals: 2
BL
North America, California, United States, Los Angeles
Shared Deals: 1
MA
North America, California, United States, San Francisco
Shared Deals: 1
RN
North America, New York, United States, New York
Shared Deals: 2
HS
Europe, Kyyiv, Ukraine, Kyiv
Shared Deals: 1

What are some of recent deals done by X21 Digital?

Mind AI is a trading insights platform that offers elite insights to the investors for a competitive edge in the fast-moving crypto markets.

Artificial Intelligence (AI)CryptocurrencyTrading Platform
SeedJan 17, 2025
Amount Raised: $1,200,000
Novastro

Singapore, Central Region, Singapore

Novastro is the pioneering Layer 2 RWA chain.

InfrastructureWeb3
SeedJan 9, 2025
Amount Raised: $1,200,000

N3MUS integrates web3 gaming into mainstream culture by merging traditional gaming with blockchain technology.

BlockchainCloud ComputingCloud InfrastructureDeveloper PlatformGamingIT Infrastructure
Pre SeedNov 21, 2024
Amount Raised: $800,000

Rivalz Network is an AI-Driven DePIN RollApp.

Artificial Intelligence (AI)
SeedAug 14, 2024
Amount Raised: $9,000,000
Owlto

New York, New York, United States

Owlto is an intent-driven cross-chain interoperability protocol.

Artificial Intelligence (AI)Web3
Series UnknownMay 8, 2024
Amount Raised: $8,000,000
Atomiq DeFi

Dubai, Dubai, United Arab Emirates

World's First DEX For Native Bitcoin Cross-Chain Swaps

BlockchainDecentralized Finance (DeFi)Information TechnologySoftware
SeedApr 16, 2024
Amount Raised: $3,000,000

TREX20 is a Bitcoin game ecological project that enhances gaming by utilizing NFT Insoriptions built on the Bitcoin protocol.

BitcoinBlockchainCryptocurrency
SeedMar 21, 2024
Amount Raised: $1,000,000
OrangeDX

Majuro, NA - Marshall Islands, Marshall Islands

OrangeDX is a Bitcoin DeFi hub that allows users to trade, swap, secure, and launch BRC20 and bridged EVM tokens.

BitcoinTrading Platform
SeedMar 14, 2024
Amount Raised: $2,500,000
MetaFi

Dubai, Dubai, United Arab Emirates

MetaFi operates as a Trading Metaverse.

BlockchainCryptocurrencyMetaverseTrading Platform
SeedSep 14, 2022
Amount Raised: $3,000,000
VisionGame

Turin, Piemonte, Italy

VisionGame brings the traditional game publishing experience, boosted for the blockchain.

Gaming
SeedFeb 18, 2022
Amount Raised: $3,800,000