What NGC Ventures does

NGC Ventures is a Singapore-headquartered venture capital firm founded in 2017 that invests in early-stage web3 and blockchain infrastructure startups. The firm manages over $500 million in assets under management and operates from offices in Singapore, San Francisco, London, Shanghai, Taipei, and Texas. Its stated investment thesis targets the foundational layers of decentralized technology — including L1/L2 blockchains, storage, data indexing, computation, oracles, node infrastructure, account abstraction, and interchain operability — alongside select DeFi, GameFi, metaverse, and increasingly AI-agent applications.

The firm generates returns through traditional venture capital mechanics — management fees on its AUM and carried interest from portfolio exits — supplemented by staking/validating yield through its in-house NGC StakeX service, which secures networks such as NYM, Algorand, Skale, and Avalanche. Beyond direct investments, NGC runs a fund-of-funds program with commitments to 18+ complementary web3 venture funds (Griffin Gaming, Bitkraft, Republic Capital, Figment Capital, Symbolic Capital, Dispersion Capital, Borderless Capital, and others), academic research funding partnerships with NUS, NTU, and UC Berkeley, and a portfolio job board platform. The LP base comprises web2 listed entities, family offices, HNWI, and founders who were prior investees.

The firm is led by three General Partners — Roger Lim (formerly GP at Innosight Ventures, co-founder/CEO of Webvisions), Tony Gu (formerly GP at Rhodium Capital with $1B+ in cross-border buyout transactions, INSEAD/Tsinghua EMBA), and Wayne Zhu (one of the first sell-side blockchain analysts at Guotai Junan Securities, early supporter of Solana and Algorand). The broader investment team of 15+ members includes former personnel from Messari, Goldman Sachs, IBM, Ctrip, Binance, and DBS Bank.

Name

NGC Ventures

Legal name

NGC Ventures

Website

https://ngc.fund

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

NGC Ventures is a Singapore-based venture capital firm founded in 2017 that manages over $500M in AUM, investing in early-stage web3 and blockchain infrastructure startups globally from offices in six cities across Asia, the US, and Europe.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Miscellaneous Financial Investment Activities (523999), Other Financial Vehicles (525990)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industry

Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF)

Keywords

• Blockchain venture capital
• Web3 infrastructure investing
• Early-stage crypto funding
• Decentralized technology investments
• Crypto fund management

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Venture Capital Returns: NGC Ventures generates returns through traditional venture capital mechanisms including management fees on managed AUM and carried interest from successful portfolio exits. Founded in 2017, they manage over $500M in AUM.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

NGC Ventures is a venture capital firm that invests in early-stage web3 and blockchain infrastructure startups, providing capital alongside hands-on operational support including market access, go-to-market strategy, recruiting, technical expertise, and regulatory guidance from ideation through market adoption. The firm manages over $500M in AUM and invests across themes including AI, Layer 1/Layer 2 blockchains, DeFi, DePin, metaverse, multichain/interchain, storage, and infrastructure.

Product overview

NGC Ventures operates as a venture capital firm offering a unified investment platform rather than a traditional SaaS product. The core offering is investment services for early-stage web 3.0 infrastructure startups, supplemented by a job board platform for portfolio companies and research publications covering blockchain and web3 topics. The portfolio network spans multiple verticals including AI, Layer 1/2 blockchains, DeFi, DePin, infrastructure, and more.

Differentiator

Problem solved

Functional benefit

Products and services

• NGC Ventures Investment Services
• NGC Ventures Job Board Platform

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• National University of SingaporeminorStrategic or Co-development PartnerNGC funds research teams at institutions of higher learning including NUS through grants, donations or investments.
• Nanyang Technological UniversityminorStrategic or Co-development PartnerNGC funds research at NTU as part of their strategy to support tomorrow's web 3.0 projects through today's research.
• UC BerkeleyminorStrategic or Co-development PartnerNGC funds research at UC Berkeley as part of their academic research funding strategy.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Polychain Capital: Polychain is a crypto-native venture firm founded in 2016 that invests across blockchain infrastructure, DeFi, and web3 — closely matching NGC's focus, vintage, and stage. Both firms have similar fund sizes and global presence.
• Paradigm: Paradigm is a leading crypto VC focused on web3 infrastructure and protocols with research-driven investing. Comparable to NGC in thesis (decentralized infrastructure, DeFi) but materially larger in AUM and team.
• Multicoin Capital: Multicoin Capital is a thesis-driven crypto fund investing in tokens and equity across web3 infrastructure, DeFi, and DePIN. Direct peer to NGC given overlapping focus on early-stage web3 infrastructure and global deal sourcing.
• Pantera Capital: Pantera Capital is one of the longest-standing crypto-native funds (founded 2013) investing across blockchain companies, tokens, and DeFi. Comparable to NGC in fund-vintage breadth and crypto infrastructure focus, with much larger AUM.
• Dragonfly Capital: Dragonfly is a global crypto VC firm investing in early-stage web3, DeFi, and infrastructure. Direct peer to NGC in stage, sector focus, and global operational footprint across the US and Asia.

Broad incumbents

• Andreessen Horowitz (a16z Crypto): a16z Crypto is the dedicated crypto arm of a16z, investing broadly across web3 infrastructure, DeFi, and applications. Comparable to NGC on thesis but vastly larger in AUM, team, and resources — representing the broad incumbent peer.
• Coinbase Ventures: Coinbase Ventures is the investment arm of Coinbase, deploying capital broadly across crypto infrastructure, DeFi, and web3. Broad incumbent peer given similar early-stage web3 infrastructure focus but vastly larger balance-sheet backing.

Regional players

• Hashed: Hashed is an Asia-focused crypto VC firm (headquartered in Seoul) investing in web3 infrastructure and protocols. Regional peer to NGC given similar Asia-centric origination model and overlapping web3 infrastructure thesis.
• HashKey Capital: HashKey Capital is a Hong Kong-based crypto VC investing across web3 infrastructure, DeFi, and CeFi. Regional peer to NGC given strong Asia presence, regulated positioning, and overlapping infrastructure thesis.

Emerging players

• 1confirmation: 1confirmation is an early-stage crypto-native venture fund investing in web3 infrastructure and consumer crypto. Comparable to NGC as an emerging specialist focused on early-stage rounds in crypto infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ngc_ventures
• LinkedInlinkedin.com/company/ngcventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments276 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NGC Ventures