All funds
Fenbushi Capital logo

Fenbushi Capital

$2.6Bdisclosed portfolio round capital
1 Jun, 2026last investment
100portfolio companies
6team members

Analyst signals

Portfolio activity and matriculation

Metrics use all recorded activity through 21 Jul 2026 across pre seed, private, seed, series a, series b, series c, series d, strategic, token sale, unknown. Later-round outcomes are capped at the period end.

54%companies with a later round · 54/100
1.42×median round-size step-up · n=51
Not availablemedian valuation step-up · n=0
1.7%recorded-solo rate · 2 solo / 114 syndicated
Finance · 15 companiesInfrastructure · 11 companiesBlockchain Platforms · 7 companies

These are activity signals, not fund-return metrics. Round capital is the full disclosed financing amount, not this fund's check size. “Recorded solo” means only one investor is present in the source data and is a lead signal, not verified lead status; syndicated rounds are a co-investor or follower signal. IRR, TVPI, DPI, ownership, exits, and market beta cannot be calculated from the available records. 51 ambiguous legacy rounds were excluded.

Opportunities

Crypto jobs across Fenbushi Capital's portfolio

95 current roles at companies backed by Fenbushi Capital, sourced from JobStash's crypto job board.

People

Team

B

Bo Shen

General Partner

R

Remington Ong

Partner

R

Rin Huang

Partner

R

Roland Sun

General Counsel

V

Vitalik Buterin

Advisor

W

Wenbo Yu

Partner

Portfolio

Investments

Full financing histories for portfolio companies. Highlighted rounds are those where Fenbushi Capital is recorded as an investor.

1inch logo

1inch

crypto
Finance

1inch helps users find the best cryptocurrency swap rates by checking multiple decentralized exchanges at once.

Series B1 Dec, 2021$175M roundSyndicated · 9 disclosed investors
Series A1 Dec, 2020$12M round
Seed11 Aug, 2020$2.8T round
4EVERLAND logo

4EVERLAND

crypto
Infrastructure

4EVERLAND is a Web3 AI cloud computing platform that integrates decentralized storage, computing, and networking capabilities. It offers DWeb hosting, storage (IPFS/Arweave pinning), gateways, RPC node access, Rollup-as-a-Service, and AI solutions to help developers build and deploy decentralized applications across multiple blockchain ecosystems.

Unknown1 Dec, 2023$2M round
Seed1 Aug, 2021$1.5M roundSyndicated · 4 disclosed investors
Abstract logo

Abstract

crypto
Infrastructure

Abstract is a blockchain platform for building and using decentralized applications with lower costs, faster speeds, and familiar tools.

Unknown1 Nov, 2024
Unknown1 Jul, 2024$11M roundSyndicated · 5 disclosed investors
Airstack logo

Airstack

hybrid
Data & Analytics

Airstack builds AI-powered onchain products.

Seed2 May, 2024$4T round
Pre-seed+17 May, 2023$7T round
Pre-Seed20 Oct, 2022$3T roundSyndicated · 5 disclosed investors
Airwaive logo

Airwaive

out of scope

Airwaive connects wireless operators with host sites to enhance network coverage.

Seed1 Feb, 2022$3M roundSyndicated · 10 disclosed investors
Aivive logo

Aivive

hybrid
Social

Aivive is an AI-native creative platform and 'Recursive AI Protocol' where users pay in USDC for AI image generation, and a programmable share of that revenue is automatically used to buy back and permanently burn the underlying network token. It combines a taste-driven social feed (described as 'Civitai meets Pinterest') with on-chain, verifiable deflationary tokenomics built on Solana and Base, serving AI creators and crypto-native users.

Series A1 May, 2026$8M roundSyndicated · 13 disclosed investors
Alluvial logo

Alluvial

crypto

Alluvial is a software development company that supports the development of the Liquid Collective protocol. It provides enterprise-grade APIs and services focused on Ethereum liquid staking, enabling platforms like exchanges and custodians to offer staking, minting, and redemption of LsETH (Liquid Staked ETH) to their end-users.

M&A1 Dec, 2025
Strategic12 Nov, 2024$4.3T round
Series A11 Jul, 2023$12T roundSyndicated · 21 disclosed investors
Seed1 Jan, 2023$6.2M round
Finance

Amber Group is a digital-finance company providing institutional and high-net-worth clients with digital-asset wealth management, trading, liquidity, investment, research, and infrastructure services.

Series C16 Dec, 2022$300T roundRecorded solo · lead signal
Series B1 Feb, 2022$200M round
Series B20 Jun, 2021$100T round
Series A14 Feb, 2020$28T roundSyndicated · 14 disclosed investors
Anichess logo

Anichess

crypto
Gaming

Anichess is the #1 chess game in Web3, offering a magical twist on the classic game with spell mechanics. Players can engage in spell chess puzzles and ranked matches to earn rewards.

Public token sale18 Sep, 2025
Public Sale1 Sep, 2025
Unknown1 Apr, 2024$1.8M roundSyndicated · 5 disclosed investors
Seed22 Jun, 2023$1.5T round
APRO logo

APRO

crypto
Data & Analytics

APRO is an oracle provider serving RWA, AI, prediction-market, and DeFi ecosystems. It supplies data feeds, on-demand data access, proof-of-reserve reporting, and verifiable randomness services for blockchain applications and developers.

Seed1 Oct, 2024$3M roundSyndicated · 15 disclosed investors

Arcana Network provides a Chain Abstraction protocol that allows users to have a unified balance on apps to spend on any chain without swapping, bridging, or refuelling gas. It helps apps exist on their chain of choice and attract users and assets across multiple chains.

M&A1 Aug, 2025
Unknown13 Oct, 2021$2.3T roundSyndicated · 10 disclosed investors
Strategic1 Oct, 2021$2.3M roundSyndicated · 8 disclosed investors
Seed1 Jul, 2021$375K round
Blockchain Platforms

Astar Network helps users build cross-chain applications using both Ethereum and WebAssembly smart contracts within the Polkadot ecosystem.

Unknown1 May, 2025
Strategic1 Jan, 2022$22M round
Public Sale1 Jan, 2022$200K round$2.1B valuation
Unknown1 Jun, 2021$10M roundSyndicated · 3 disclosed investors
Series A9 Feb, 2021$2.4T round
Aztec logo

Aztec

crypto
Infrastructure

Aztec is a privacy-first Layer 2 for Ethereum that uses zero-knowledge proofs for confidential transactions with public verification.

Public Sale1 Dec, 2025$40M round$480M valuation
Series B15 Dec, 2022$100T roundSyndicated · 10 disclosed investors
Series A1 Dec, 2021$17M round
Unknown1 Sep, 2019
Azuro logo

Azuro

crypto
Gaming

Azuro is a decentralized, onchain prediction-markets protocol. It provides modular smart-contract infrastructure, liquidity, oracle feeds, SDKs, APIs, and tooling for developers and blockchains building prediction and betting applications.

Private11 Apr, 2024$3.5T roundSyndicated · 4 disclosed investors
Unknown1 Apr, 2024$3.5M roundSyndicated · 7 disclosed investors
Strategic28 Jun, 2022$4T round
Seed20 Jan, 2022$3.5T round
Pre-Seed1 Sep, 2021
Balancer logo

Balancer

crypto
Finance

Balancer helps traders swap tokens and liquidity providers earn fees through customizable automated market maker pools supporting multiple tokens with flexible weight distributions.

Unknown1 Jun, 2021$24M roundSyndicated · 8 disclosed investors
Unknown27 May, 2021$24T roundSyndicated · 5 disclosed investors
Unknown10 Feb, 2021$5T round
Series A1 Feb, 2021$5M round
Series A9 Nov, 2020$7T round
Strategic1 Nov, 2020
Seed24 Mar, 2020$3T round
Biconomy logo

Biconomy

crypto
Infrastructure

Biconomy provides chain abstraction infrastructure that lets users interact with multiple blockchains through a single interface without managing gas fees.

Strategic1 Mar, 2024
Public Sale1 Dec, 2021$16M round$300M valuation
Unknown1 Jul, 2021$9M round
Seed1 Jan, 2021$1.5M roundSyndicated · 8 disclosed investors
BitMart logo

BitMart

crypto
Finance

BitMart is a global cryptocurrency exchange that lets users trade and earn digital assets through spot, futures, and staking services.

Strategic1 Aug, 2019Recorded solo · lead signal
Series A16 Jan, 2018$10T round
BlockApps logo

BlockApps

crypto
Asset Management

BlockApps is a software company that provides a non-custodial platform for users to interact with digital representations of real-world assets managed by STRATO Mercata. Its platform supports the tokenization and management of assets such as precious metals and other digital assets.

Series B1 Apr, 2022$41M round
Series A1 Sep, 2019Syndicated · 6 disclosed investors
Convertible note issuance13 Nov, 2017$3.1T round
Blockchain Lab logo

Blockchain Lab

out of scope
Service Provider

Blockchain Lab is a blockchain technology consultancy that helps organizations assess, plan, and build real-world blockchain applications. It focuses on clarity and direction for clients exploring emerging technologies.

Series A7 Dec, 2021$6T roundSyndicated · 8 disclosed investors
Community & Events

BlockchainSpace is a Web3 ecosystem that provides tools and platforms to empower online communities, particularly gaming guilds and fandoms. They aim to bridge Web2 and Web3 by offering solutions for community engagement, management, and monetization.

Public Sale1 Dec, 2021$14M round$517M valuation
Seed18 Nov, 2021$3.8T roundSyndicated · 9 disclosed investors
Unknown1 Nov, 2021$3.8M roundSyndicated · 16 disclosed investors
Infrastructure

Blockdaemon provides institutional blockchain infrastructure including node hosting, APIs, staking services, and MPC-based custody solutions.

Unknown1 Aug, 2022$33M round
Unknown1 Apr, 2022
Series C26 Jan, 2022$207T round
Series B21 Sep, 2021$155T round
Series A9 Jun, 2021$28T round
Strategic1 May, 2020$5.5M roundSyndicated · 11 disclosed investors
Seed1 Apr, 2019$2.4M round
Seed11 Apr, 2018$380B round
Seed7 Mar, 2018$3.3T round
Pre-Seed7 Nov, 2017$500B round
BloFin logo

BloFin

crypto

BloFin is a cryptocurrency exchange platform.

Series B1 Mar, 2022$50M round
Series A1 Sep, 2021$12M roundSyndicated · 4 disclosed investors
Seed1 Mar, 2021$10M round
Infrastructure

bloXroute Labs builds blockchain infrastructure to accelerate transaction and block propagation across networks using its Blockchain Distribution Network.

M&A1 Jul, 2026
Series B1 Apr, 2022$70M round
Series B1 May, 2019$10M roundSyndicated · 6 disclosed investors

Stealth

Seed1 Jan, 2023$3.2M roundSyndicated · 6 disclosed investors
Pre-Seed1 May, 2022$100K round