The Venture Codex Logo

The Venture Codex

Bonfire Union

NO.155 Dongsi West Avenue, Beijing, Dongcheng District, 100710, China

Overview

Investment firm.

Founded

2022

Deals ยท 12mo

1

Links

WebsiteX (Twitter)

Stage focus

Seed
Series A

Geographic focus

United States

Sector focus

Blockchain
Cryptocurrency

Investment portfolio

3rounds
NAMEDATESIZE
TBook
Jan 2026Participated
$10 MOther Equity
Blade Games
May 2024Participated
$2 MSeed
rct AI
Nov 2021Participated
$10 MSeries A
TBook
Jan 2026Participated
$10 MOther Equity
Blade Games
May 2024Participated
$2 MSeed
rct AI
Nov 2021Participated
$10 MSeries A
3
Items
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Bonfire Union: 3 funding rounds are recorded in the selected participation categories.All available history.
Bonfire Union: 3 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A01
Other Equity01

Monthly Deal Activity

Bonfire Union: 3 deals are recorded across 60 months.All available history.
Bonfire Union: 3 deals are recorded across 60 months. All available history
MonthDeals
Nov '211
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '241
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '261
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Bonfire Union: Crypto & Blockchain is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Bonfire Union: Crypto & Blockchain is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Crypto & Blockchain2
Gaming & eSports2
AI & Machine Learning1
AR/VR1
Professional Services1

Deal Size Distribution

Bonfire Union: 3 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Bonfire Union: 3 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M0
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Bonfire Union: United States has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Bonfire Union: United States has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
United States2
Singapore1
Bonfire Union: 20 co-investors are shown, with Mask Network sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Bonfire Union: 20 co-investors are shown, with Mask Network sharing 2 recorded deals. All available history
Co-investorShared deals
Mask Network2
Animoca Ventures1
Blofin1
Everest Ventures Group1
FBG Capital1
Folius Ventures1
ForesightX1
Formless Capital1
Galaxy Digital1
GoPlus1
Hash Global1
HashKey Capital1
HT Capital1
IOSG Ventures1
K300 Ventures1
Lucid Blue Ventures1
Mantle1
PKSHA SPARX Algorithm Fund1
PTC Crypto1
Public Works1

Investment Strategy

Bonfire Union: Led accounts for 0% and participating for 100% of round participation.All available history.
Bonfire Union: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating3100%
Bonfire Union: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Bonfire Union: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Cecilia Li

Partner