E
Eric Ng
CEO
All funds
crypto
Happiness Capital
$9Tdisclosed portfolio round capital
13 Jul, 2021last investment
1portfolio companies
4team members
Analyst signals
Portfolio activity and matriculation
Metrics use all recorded activity through 21 Jul 2026 across seed. Later-round outcomes are capped at the period end.
100%companies with a later round · 1/1
0.22×median round-size step-up · n=1
Not availablemedian valuation step-up · n=0
0%recorded-solo rate · 0 solo / 1 syndicated
Payments · 1 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.
People
Team
J
Josh Wade
VP, Investment
M
Mark Chan
MD
T
Terrence Giang
MD
Portfolio
Investments
Full financing histories for portfolio companies. Highlighted rounds are those where Happiness Capital is recorded as an investor.
Superfluid
Payments
Superfluid is a decentralized money-streaming protocol for real-time, onchain cashflows. It enables payments, rewards, grants, yield distribution, and other continuous token transfers, while providing tools for developers to build streaming applications.