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Fenbushi Capital

Wanxiang Bldg No.99 W Lujiazui Rd, Shanghai, China

Overview

Blockchain-focused venture capital firm supporting innovative projects.

Founded

2015

Deals · 12mo

2

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Singapore
United States

Sector focus

Banking
Business Intelligence
Financial Services
FinTech
...

Investment portfolio

81rounds
NAMEDATESIZE
Canopy
Jun 2026Participated
$9 MSeed
Huddle01
Feb 2026Participated
$7 MOther Equity
Chronicle
Mar 2025Participated
$12 MSeed
WalletConnect
Jan 2025Participated
$13 MSeries B
Morpho Labs
Aug 2024Participated
$50 MOther Equity
BYSTAMP
Aug 2024Participated
$50 MOther Equity
Igloo
Jul 2024Participated
$11 MOther Equity
ZKEX
Jul 2024Participated
$3 MSeed
Parasail
May 2024Participated
$4 MSeed
LAGRANGE
May 2024Participated
$13 MSeed
Lagrange Labs
May 2024Participated
$13 MSeed
Eywa
May 2024Participated
$7 MSeed
Canopy
Jun 2026Participated
$9 MSeed
Huddle01
Feb 2026Participated
$7 MOther Equity
Chronicle
Mar 2025Participated
$12 MSeed
WalletConnect
Jan 2025Participated
$13 MSeries B
Morpho Labs
Aug 2024Participated
$50 MOther Equity
BYSTAMP
Aug 2024Participated
$50 MOther Equity
Igloo
Jul 2024Participated
$11 MOther Equity
ZKEX
Jul 2024Participated
$3 MSeed
Parasail
May 2024Participated
$4 MSeed
LAGRANGE
May 2024Participated
$13 MSeed
Lagrange Labs
May 2024Participated
$13 MSeed
Eywa
May 2024Participated
$7 MSeed
81
Items
...
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Insights

Time horizon

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Deal Distribution

Fenbushi Capital: 81 funding rounds are recorded in the selected participation categories.All available history.
Fenbushi Capital: 81 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed426
Series A021
Series B02
Series C+10
Other Equity025
ICO02

Monthly Deal Activity

Fenbushi Capital: 81 deals are recorded across 126 months.All available history.
Fenbushi Capital: 81 deals are recorded across 126 months. All available history
MonthDeals
May '162
Jun '160
Jul '160
Aug '160
Sep '160
Oct '161
Nov '160
Dec '160
Jan '170
Feb '171
Mar '170
Apr '171
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '171
Jan '180
Feb '180
Mar '181
Apr '180
May '180
Jun '180
Jul '180
Aug '181
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '191
Sep '192
Oct '190
Nov '190
Dec '190
Jan '200
Feb '202
Mar '200
Apr '200
May '202
Jun '200
Jul '200
Aug '200
Sep '200
Oct '201
Nov '200
Dec '200
Jan '211
Feb '210
Mar '215
Apr '211
May '211
Jun '211
Jul '210
Aug '211
Sep '214
Oct '213
Nov '214
Dec '212
Jan '221
Feb '222
Mar '224
Apr '220
May '220
Jun '220
Jul '221
Aug '221
Sep '221
Oct '221
Nov '220
Dec '222
Jan '230
Feb '230
Mar '231
Apr '230
May '231
Jun '232
Jul '231
Aug '231
Sep '230
Oct '230
Nov '230
Dec '231
Jan '240
Feb '242
Mar '244
Apr '244
May '244
Jun '240
Jul '242
Aug '242
Sep '240
Oct '240
Nov '240
Dec '240
Jan '251
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Fenbushi Capital: Crypto & Blockchain is the largest displayed sector by deal count (60 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.

Fenbushi Capital: Crypto & Blockchain is the largest displayed sector by deal count (60 deals). All available history
SectorDeals
Crypto & Blockchain60
Fintech27
Networks, Cloud & Communication15
Enterprise Software14
Gaming & eSports8
Data, Analytics & IT6
Media & Entertainment6
Professional Services6
Developer Tools5
Cybersecurity & Privacy4
Health & Life Sciences4
Social & Community Platforms3
AR/VR2
Hardware & Robotics2
AI & Machine Learning2
E-Commerce & Retail1
Transportation & Logistics1
Consumer & Lifestyle1
Food & Agriculture1

Deal Size Distribution

Fenbushi Capital: 81 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.

Fenbushi Capital: 81 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M30
$5M-$10M15
$10M-$25M23
$25M-$50M5
$50M-$100M5
$100M-$250M2
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

Fenbushi Capital: United States has the largest recorded deal count among the displayed regions (42 deals).All available history.

Top 10 of 16 regions; European countries are grouped as Europe.

Fenbushi Capital: United States has the largest recorded deal count among the displayed regions (42 deals). All available history
RegionDeals
United States42
Europe11
Singapore7
Hong Kong4
Canada3
Australia2
Vg11102
Jamaica2
Virgin Islands1
944021
Fenbushi Capital: 20 co-investors are shown, with HashKey Capital sharing 11 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.

Fenbushi Capital: 20 co-investors are shown, with HashKey Capital sharing 11 recorded deals. All available history
Co-investorShared deals
HashKey Capital11
IOSG Ventures11
Coinbase Ventures9
NGC Ventures8
CMT Digital7
1kx6
Protocol Labs6
Sfermion6
Crypto.com5
Kenetic Capital5
Kraken Ventures5
Polychain Capital5
Robot Ventures5
A Capital4
Animoca Brands4
Arrington Capital4
Blockchain Capital4
Delphi Digital4
Digital Currency Group4
GBV Capital4

Investment Strategy

Fenbushi Capital: Led accounts for 6% and participating for 94% of round participation.All available history.
Fenbushi Capital: Led accounts for 6% and participating for 94% of round participation. All available history
CategoryDeals (count)Share (%)
Led56%
Participating7694%
Fenbushi Capital: Single-lead accounts for 40% and co-led for 60% of lead dynamics.All available history.
Fenbushi Capital: Single-lead accounts for 40% and co-led for 60% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead240%
Co-led360%

Team

Bella Zhang

Investment Manager

Bo Shen

Founding/Managing Partner

Clarence Zhou

Investment Director

Feng Xiao

Founder

Kobby Chen

Investment Director

Peter Yang

Managing Director

Remington Ong

Partner

Rin Huang

Partner