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Bing Ventures operates as a crypto and Web3-focused venture capital firm, dedicating its resources to backing startups and entrepreneurs who are at the forefront of Web 3.0 and blockchain innovation. The firm provides strategic investments along with mentorship, advice, and connections, aiming to foster the development of its portfolio companies. Its approach extends beyond capital, offering comprehensive support to help new ventures navigate the evolving digital landscape.
The firm was established in 2021 by a team of former bankers with extensive experience from prominent financial institutions such as J.P. Morgan and Standard Chartered. This collective background in traditional finance, coupled with significant engagement in the crypto space, provided the foundational insight for the venture. The founders identified the transformative potential of blockchain technology and the imperative to support early-stage projects shaping a decentralized future.
Bing Ventures serves a diverse set of entrepreneurs and early-stage startups operating within the Web3 and blockchain industry. Its core mission is to contribute to a fair and exciting decentralized future by making strategic investments in promising ideas. The firm envisions helping its portfolio companies build defining brands for tomorrow, fostering global presence, and bridging different ecosystem gaps.
Key people at Bing Ventures.
Bing Ventures has 4 tracked investments across 4 companies. The latest tracked deal is $15.3M Series A in dappOS in April 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 3, 2024 | dappOS | $15.3M Series A | Polychain Capital | Amber Group, Flow Traders, IDG Capital, Iobc, Metalpha, NGC Ventures, Nomad Capital, Satoshi LAB, Spark Digital Capital, Taihill Venture, UpHonest Capital, Waterdrip Capital |
| Jan 24, 2024 | Singular Protocol | $3.0M Seed | Iobc | Bitcoin Cash Foundation, DG Capital, Divide Labs |
| Dec 20, 2023 | 4Everland | $2.0M Other Equity | — | Arweave, Arweave SCP Ventures, Forward Research, GTS Ventures, Hillstone, Waterdrip Capital, Web3.com |
| Dec 1, 2023 | Hivello | $3.0M Seed | — | Atomico, Blockchain Founders Fund, Blockchange Ventures, Founders Fund, Multicoin Capital, Adam Jackson, Eric Demuth, Johann "hansi" Hansmann, Genesis Block, IDG Capital, Mexc, Roger LIM, Nxgen, Side Door Ventures, Xt.com |
Key people at Bing Ventures.