About IOSG Ventures
IOSG Ventures is a venture capital firm founded in 2017. It is primarily based out of Hong Kong, China. As of Dec 2024, IOSG Ventures is an active investor, having invested in 174 companies, with 6 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Blockchain Technology to High Tech and FinTech. Most recently it led the $2.4M Seed round of Blade along with FormlessCapital. This round also saw participation from K300 Ventures and other investors.
Overall, IOSG Ventures portfolio has seen 6 unicorns and 8 acquisitions including key companies like Consensys, StarkWare and 1inch. A lot of funds co-invest with IOSG Ventures, with names like Fenbushi Capital sharing a substantial percentage of its portfolio.
IOSG Ventures has team of 8 people including 3 partners.
Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Acquisitions
IOSG Ventures' List of Top Investments
IOSG Ventures has a portfolio of 174 companies, including 6 unicorns. Their most notable investments are in Ingonyama and Taiko.Their portfolio spans across United States, Singapore, China and 29 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 15 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by IOSG Ventures:1. Consensys
Developer of blockchain and web3 software platform. Its product suite includes MetaMask, Infura, Linea, Truffle, Diligence, and an NFT platforms that supports users with building a dApp, an NFT collection, a portfolio, managing digital assets, and more.
Key facts about Consensys
- Founded Year: 2014
- Location: Fort Worth (United States)
- Valuation: $7B as on Mar 15, 2022
- Stage: Series D
- Total Funding till date: $725M
- Employee Count: 900 as on Jan 18, 2023
- Investors: Third Point, Temasek and 55 Others
- Latest Funding Round: Series D, Nov 09, 2022
- Highlight: Editors' Pick
2. NEAR
Public blockchain network platform. The solution is a scalable smart contract platform that supports decentralized applications of any kind and enables the developers to build, test, and deploy applications that permissionless handle a wide range of digital assets.
Key facts about NEAR
- Founded Year: 2017
- Location: Zug (Switzerland)
- Stage: Series D
- Total Funding till date: $542M
- Employee Count: 58 as on Dec 31, 2022
- Investors: Tiger Global Management, a16z and 88 Others
- Latest Funding Round: Series D, May 10, 2022, $5M
- Highlight: Editors' Pick
3. Mask Network
Provider of encrypted messaging applications. The company provides mask networks that allow encrypting posted content and the users need to decrypt the content to view it. It can be used to receive cryptocurrencies on social networks, bitcoin fundings on twitter, and decentralized file storage and sharing.
Key facts about Mask Network
- Founded Year: 2018
- Location: Champaign (United States)
- Stage: Series A
- Total Funding till date: $5M
- Investors: Longling Capital, Digital Currency Group and 43 Others
- Latest Funding Round: Series A, Apr 01, 2021
- Highlight: Editors' Pick
4. StarkWare
Blockchain-based platform offers zero-knowledge proof roll-up solutions. It provides a layer 2 blockchain network for application development. It develops and verifies technology for computational integrity. It also provides algorithms to assist in developing decentralized applications. Its proprietary scaling engine supports a range of use cases such as NFT minting and trading, derivative trading, AMM, spot trading, payments, and DeFi pooling.
Key facts about StarkWare
- Founded Year: 2017
- Location: Netanya (Israel)
- Valuation: $8B as on May 25, 2022
- Stage: Series D
- Total Funding till date: $287M
- Investors: Intel Capital, Paradigm Capital and 33 Others
- Latest Funding Round: Series D, Mar 11, 2022, $100M
- Highlight: Editors' Pick
5. 1inch
Decentralized financial solutions. It unites decentralized protocols whose synergy enables the protected operations in the Defi space. It also offers access to hundreds of liquidity sources across multiple chains, including Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum, Fantom, and Gnosis Chain. Features include the aggregation protocol, the liquidity protocol, the limit order protocol, wallet, and mobile application for storing, receiving, sending, and swapping crypto assets.
Key facts about 1inch
- Founded Year: 2020
- Location: Tortola (United Kingdom)
- Valuation: $2.25B as on Dec 01, 2021
- Stage: Series B
- Total Funding till date: $190M
- Investors: Nima Capital, Orthogonal Thinker and 49 Others
- Latest Funding Round: Series B, Dec 01, 2021, $175M
- Highlight: Editors' Pick
IOSG Ventures' Year-on-Year Investment Trends
IOSG Ventures has invested in 174 companies over the last 5 years, with an average of 19 new investments annually in the last 5 years. In 2024, it made 18 investments. Its most recent first time investment was in Kettle and most recent follow-on round was in Usual.
Year | No. of Investments | ||
---|---|---|---|
1st Round | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 14 | 4 | 18 |
2023 | 17 | 2 | 19 |
2022 | 24 | 1 | 25 |
2021 | 28 | 4 | 32 |
2020 | 10 | 0 | 10 |
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IOSG Ventures' Investments by Stage
IOSG Ventures has made 51 investments in Seed stage with an average round size of $4.84M, 37 investments in Series A stage with an average round size of $12.4M, 4 investments in Series B stage with an average round size of $26.2M and 1 investment in Series C stage with an average round size of $50M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Seed | 51 |
Series A | 37 |
Series B | 4 |
Series C | 1 |
IOSG Ventures' Investments by Sector
IOSG Ventures has a diverse portfolio, with companies operating in the Blockchain Technology, High Tech, FinTech, Blockchain - Industry Applications and Enterprise Applications. Notably, it has invested in 159 Tech companies, 139 Blockchain companies, 119 Enterprise (B2B) companies and at least 86 companies focusing on Software.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Blockchain Technology | 73 |
High Tech | 61 |
FinTech | 50 |
Blockchain - Industry Applications | 48 |
Enterprise Applications | 32 |
Others | 57 |
IOSG Ventures' Investments by Geography
IOSG Ventures has made most investments in United States (36), followed by China where it has made 11 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
---|---|
United States | 36 |
China | 11 |
Singapore | 8 |
United Kingdom | 5 |
Canada | 4 |
Others | 28 |
IOSG Ventures' recent investments
Here are the most recent investments by IOSG Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
Dec 23, 2024 | France | Series A | $10M | Kraken Ventures [+14] | |
Dec 23, 2024 | United States | Series A | $4M | ParaFi [+3] | |
Dec 10, 2024 | United States | Series A | $12M | Variant Fund [+10] | |
Nov 11, 2024 | - | Seed | $7.5M | Polychain [+4] | |
Oct 08, 2024 | Switzerland | Series A | $11M | Hack VC [+4] |
Unicorns in IOSG Ventures' Portfolio
Here is a list of unicorns in IOSG Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
61 | Blockchain-based network for EVM-compatible solutions | 2013 | - | Series B | mdxd{yi | ||
68 | Blockchain-based public network for the financial industry | 2018 | Brooklyn | Series B | tnsvehy | ||
69 | Decentralized financial solutions | 2020 | Tortola | Series B | nuhoxyy | ||
79 | Developer of blockchain and web3 software platform | 2014 | Fort Worth | Series D | bj{gncd | ||
71 | Blockchain-based platform offers zero-knowledge proof roll-up solutions | 2017 | Netanya | Series D | etyxiqg |
Acquired companies in IOSG Ventures' Portfolio
Here are IOSG Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Feb 21, 2025 | Jul 13, 2021 | Series B | $21M | |
Jul 03, 2024 | Apr 17, 2023 | Seed | Undisclosed | |
Feb 15, 2023 | Dec 01, 2021 | Seed | $3M | |
Feb 02, 2022 | - | - | - | |
Nov 18, 2020 | - | - | - |
Team profile of IOSG Ventures
IOSG Ventures has a team of 8 members including 3 Partners and 2 Venture Partners located in China, United States and 2 more locations. IOSG Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in IOSG Ventures:
Name | Designation | Location | Board Memberships | Contact details |
---|---|---|---|---|
Partner | Singapore | |||
Partner | Hong Kong | - | ||
Partner | - | - | - | |
Venture Partner | Bellevue | - | - | |
Venture Partner | Cyprus | - | ||
Advisor | - | - | ||
Associate | Shenzhen | - | - |
Co-investors of IOSG Ventures
Over the past 5 years, 1002 investors have co-invested in IOSG Ventures's portfolio companies.
- Invested before IOSG Ventures: Polychain, Coinbase and 230 others have invested in rounds before IOSG Ventures. There are 7 companies where Polychain has invested before IOSG Ventures and 5 companies where Coinbase has invested before IOSG Ventures.
- Top Co-investors of IOSG Ventures: 523 investors entered a company along with IOSG Ventures. These include investors like Fenbushi Capital (16 companies).
- Invested after IOSG Ventures: A total of 247 investors have invested in IOSG Ventures's portfolio after their investments. Top Investors include OKX (6 companies), Animoca Brands (5 companies) and Binance (4 companies).
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