Draper Dragon is a profound and well-known venture capital firm from Shanghai, which specializes in strengthening and accelerating the growth of talented early-stage teams. The fund’s team endeavors to turn each portfolio company into an industry-changing enterprise.
Being a proactive investor in the tech and healthcare sectors, Draper Dragon also stands as a smart investment hand and a core participant of the Draper Venture Network. It creates an explosive growth opportunity for any Draper Dragon’s portfolio company.
Draper Dragon Overview
Draper Dragon - About
Established by Larry Li, Andy Tang, Bobby Chao, and Tim Draper in 2006, the fund actively invests in young and disruptive products and tech teams in their respective segments. Draper Dragon operates across such key locations as Shanghai, Silicon Valley, Toronto, Hong Kong, Bangalore, and Singapore.
Draper's portfolio boasts influential technology unicorns like Microport Medical, Ledger, Yeepay, Otter, 1047 Games, and Jing Jin Electric. Also, there aresuch blockchain teams among them as IoTeX, VeChain, Qtum, Oasis Network, Galxe, and others.
Total number of investments: 33
- Blockchain Service: 28.6%
- CeFi: 20%
- NFT: 20%
- Blockchain Infrastructure: 17.1%
- DeFi: 8.6%
- Social: 2.9%
- GameFi: 2.9%
Draper Dragon - Industries
Draper Dragon - Portfolio Performance
Draper Dragon – Investment Rounds
| Project | Score | Round | Date | Round price | FDV | Status | Industry |
|---|---|---|---|---|---|---|---|
 ether.fi | 88 | Private | 29 Feb, 24 | N/A | $166M | Past | |
 KernelDAO (prev. Kelp DAO) | 67 | Private | 23 May, 24 | N/A | N/A | Past | |
 XION | 69 | Private | 01 Apr, 24 | N/A | $500M | Past | |
 Ink Finance | 59 | Strategic | 07 Jun, 24 | N/A | $60M | Past | |
 Hinkal Protocol | 71 | Private | 16 Nov, 23 | N/A | $100M | Past |
Draper Dragon – Portfolio
| Score | Project | Current Price | Chg (24h) | Retail ROI | Retail ATH ROI | Industry |
|---|---|---|---|---|---|---|
88 | ether.fi | $0.644 | 1.20% | 0.215x | 2.84x | |
67 | KernelDAO (prev. Kelp DAO) | $0.0443 | 0.25% | N/A | N/A | |
69 | XION | $0.105 | 2.12% | N/A | N/A | |
59 | Ink Finance | $0.00292 | N/A | 0.00486x | 1.93x | |
71 | Hinkal Protocol | N/A | N/A | N/A | N/A |
Draper Dragon – Co-investors
| Fund | Score | Type | Project Support | Social Influence | Retail ROI | Co-investments | Total Investment |
|---|---|---|---|---|---|---|---|
 Multicoin Capital | High | Venture | Very High | High | 51.01x | 2 | 27 |
 Arrington Capital | High | Hedge | High | High | 1.10x | 2 | 19 |
 YZi Labs (Prev. Binance Labs) | Very High | Incubation | Very High | Medium | 0.897x | 2 | 67 |
 Amber Group | Medium | Corporate | High | Low | 2.15x | 2 | 47 |
 MH Ventures | Low | Venture | Medium | Medium | 0.356x | 2 | 29 |
