NGC Ventures is a Singapore-based venture capital firm that has been investing in blockchain and Web3 infrastructure since 2017. The firm provides hands-on support to early-stage crypto and Web3 startups from ideation through strategy and market adoption, managing over $500 million in AUM.
47% of their portfolio is in Crypto & Web3. Their most common stage is seed (40% of deals). Average disclosed round size is $9.5M (across 84 rounds with reported amounts).
Portfolio
78
Fund Size
$500M
Top Stage
Seed
Last 12 Mo
1
Team
Jack Lu
Partner
Kay Fong
Venture Partner
Zi-hao Chen
Partner
Adam Arreola
Investment Team (US)
Alvin Leong
Investment Team (APAC)
Cherry Xie
Investment Team (APAC)
Chris Miller
Investment Team (US)
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
90 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Uniblock Inc. | Series A | $5.2M | Mar 2026 |
 Analog | Unknown | $16M | Apr 2025 |
| IInfrared | Series A | $14M | Jan 2025 |
 Ammalgam | Unknown | $2.5M | Sep 2024 |
 Fountain | Seed | $3.5M | Sep 2024 |
 Zkex | Seed | $2.5M | Jul 2024 |
 UXUY | Seed | $7M | May 2024 |
| EElixir Protocol | Series A | $7.5M | Oct 2023 |
 Fhenix | Seed | $7M | Sep 2023 |
 Connext | Series A | $7.5M | Jun 2023 |
 Soul Wallet | Unknown | $3M | Mar 2023 |
 Staging Labs | Pre-Seed | $1.1M | Mar 2023 |
 Anything | Series A | — | Nov 2022 |
| Anything | Seed | $7.5M | Nov 2022 |
| FFluidity Money | Seed | $1.3M | Oct 2022 |
 Arf | Seed | $13M | Oct 2022 |
| AArf One | Seed | $13M | Oct 2022 |
 ChainSafe | Series A | $18.8M | Oct 2022 |
| NNibiru | Seed | $7.5M | Sep 2022 |
| YYesports | Unknown | $3.8M | Aug 2022 |
 BlockVision | Seed | $5M | Mar 2022 |
| KKyoko Finance | Unknown | $3M | Feb 2022 |
| KKyoko | Unknown | $3M | Feb 2022 |
 BlockPI | Seed | $3M | Jan 2022 |
 PlotX | Series A | $5M | Jan 2022 |
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Top Co-Investors
HashKey Capital10 shared
Hashed9 shared
Animoca Brands9 shared
Signum Capital8 shared
Fenbushi Capital8 shared
CMS Holdings7 shared
Binance6 shared
IOSG Ventures6 shared
Bixin Ventures6 shared
The Spartan Group6 shared
Genblock Capital6 shared
Kenetic Capital6 shared
Coinbase Ventures5 shared
Multicoin Capital5 shared
LongHash Ventures5 shared
Solana Ventures5 shared
Gate Labs5 shared
Spark Capital4 shared
Polygon Ventures4 shared
Hack VC4 shared
Last updated: 20 October 2026