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QBN Capital

33/F Harbour Centre 25 Harbour Road, Wanchai, Hong Kong

Overview

Tech-focused investment fund for Fintech and Deeptech scaling in Asia.

Founded

2019

Deals · 12mo

0

Links

WebsiteLinkedIn

Stage focus

Series A

Geographic focus

Hong Kong
United Kingdom

Sector focus

—

Investment portfolio

20rounds
NAMEDATESIZE
Wrisk
Jul 2025Participated
$16 MSeries B
iLex
Jul 2024Led
$7 MSeries A
Globacap
Oct 2023Participated
$21 MSeries B
Pearl Semiconductor
Oct 2023Participated
$5 MOther Equity
DEFYCA
Nov 2022Led
$1 MSeed
Arcturus
Nov 2022Participated
$11 MSeries A
DirectID
Jan 2022Led
$3 MOther Equity
Atto
Jan 2022Led
$3 MOther Equity
Navenio
Dec 2021Participated
$13 MOther Equity
Hex Trust
Oct 2021Participated
$10 MOther Equity
Wrisk
May 2021Led
$6 MSeries A
Hex Trust
Mar 2021Led
$6 MSeries A
Wrisk
Jul 2025Participated
$16 MSeries B
iLex
Jul 2024Led
$7 MSeries A
Globacap
Oct 2023Participated
$21 MSeries B
Pearl Semiconductor
Oct 2023Participated
$5 MOther Equity
DEFYCA
Nov 2022Led
$1 MSeed
Arcturus
Nov 2022Participated
$11 MSeries A
DirectID
Jan 2022Led
$3 MOther Equity
Atto
Jan 2022Led
$3 MOther Equity
Navenio
Dec 2021Participated
$13 MOther Equity
Hex Trust
Oct 2021Participated
$10 MOther Equity
Wrisk
May 2021Led
$6 MSeries A
Hex Trust
Mar 2021Led
$6 MSeries A
20
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Insights

Time horizon

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Deal Distribution

QBN Capital: 20 funding rounds are recorded in the selected participation categories.All available history.
QBN Capital: 20 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed21
Series A52
Series B03
Other Equity43

Monthly Deal Activity

QBN Capital: 20 deals are recorded across 79 months.All available history.
QBN Capital: 20 deals are recorded across 79 months. All available history
MonthDeals
Apr '203
May '201
Jun '200
Jul '200
Aug '200
Sep '200
Oct '201
Nov '201
Dec '202
Jan '210
Feb '210
Mar '211
Apr '210
May '211
Jun '210
Jul '210
Aug '210
Sep '210
Oct '211
Nov '210
Dec '211
Jan '222
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '222
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '232
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '241
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '251
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

QBN Capital: Fintech is the largest displayed sector by deal count (14 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.

QBN Capital: Fintech is the largest displayed sector by deal count (14 deals). All available history
SectorDeals
Fintech14
Crypto & Blockchain7
Networks, Cloud & Communication6
Enterprise Software5
Cybersecurity & Privacy3
Data, Analytics & IT3
AR/VR1
Space & Frontier Tech1
Transportation & Logistics1
Consumer & Lifestyle1
Hardware & Robotics1
Marketing & Advertising1
Media & Entertainment1
AI & Machine Learning1

Deal Size Distribution

QBN Capital: 20 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.

QBN Capital: 20 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M7
$5M-$10M5
$10M-$25M8
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

QBN Capital: Europe has the largest recorded deal count among the displayed regions (13 deals).All available history.

Top 6 of 6 regions; European countries are grouped as Europe.

QBN Capital: Europe has the largest recorded deal count among the displayed regions (13 deals). All available history
RegionDeals
Europe13
Hong Kong3
Singapore1
United States1
Israel1
Eh2 2er1
QBN Capital: 20 co-investors are shown, with Cell Rising Capital sharing 3 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.

QBN Capital: 20 co-investors are shown, with Cell Rising Capital sharing 3 recorded deals. All available history
Co-investorShared deals
Cell Rising Capital3
Lingfeng Capital3
Big Pi Ventures2
Borderless Capital2
G. K. Goh2
Hostplus2
IP Group2
Kenetic Capital2
Oxford Investment Consultants2
Oxford Science Enterprises2
Radiant Tech Ventures2
University of Oxford2
7percent Ventures1
Alameda Research1
Algo Capital Master Fund1
Algorand Foundation1
Amnis Ventures1
Animoca Brands1
Autodesk1
Axion Global Investment1

Investment Strategy

QBN Capital: Led accounts for 55% and participating for 45% of round participation.All available history.
QBN Capital: Led accounts for 55% and participating for 45% of round participation. All available history
CategoryDeals (count)Share (%)
Led1155%
Participating945%
QBN Capital: Single-lead accounts for 73% and co-led for 27% of lead dynamics.All available history.
QBN Capital: Single-lead accounts for 73% and co-led for 27% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead873%
Co-led327%

Team

Andy Tung

Managing Partner