DD
Draper Dragon
San Mateo, California, United StatesFounded 2006
Draper Dragon is a cross-border venture capital firm that primarily focuses on early-stage investments in companies with innovative technologies and business models, particularly within the blockchain, crypto, Web3, and digital assets sectors, connecting Silicon Valley and Asia. They partner with visionary founders to accelerate transformative startups.
67% of their portfolio is in Crypto & Web3. Average disclosed round size is $52.9M (across 11 rounds with reported amounts).
Portfolio
12
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
12 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| CCarv | Series A | $10M | Apr 2024 |
 XION | Series B | $25M | Apr 2024 |
 Karma3 Labs | Seed | $4.5M | Mar 2024 |
| MMogul Club | Seed | $3.6M | Nov 2023 |
| BBlockJoy | Seed | $12M | Feb 2023 |
 VirgoCX | Series A | $10M | Jun 2022 |
 Ledger | Series C | $380M | Jun 2021 |
 Nifty's, Inc. | Pre-Seed | — | Mar 2021 |
 Otter.ai | Series B | $50M | Feb 2021 |
| Otter.ai | Series A | $10M | Jan 2020 |
 MakersPlace | Seed | $2M | Apr 2019 |
| Ledger | Series B | $75M | Jan 2018 |
Top Co-Investors
Draper Associates3 shared
GGV Capital2 shared
Horizon Ventures2 shared
Draper Esprit2 shared
Cathay Innovation2 shared
Korelya Capital2 shared
Galaxy Ventures1 shared
Spartan Group1 shared
SevenX Ventures1 shared
HashKey1 shared
Flybridge Capital1 shared
APY Ventures1 shared
Draper B11 shared
InterVest1 shared
Blizzard1 shared
Polychain Capital1 shared
Liberty City Ventures1 shared
Future Positive Capital1 shared
Animoca Brands1 shared
Nomura1 shared
Last updated: 8 March 2026