NGC (NEO Global Capital) is a Singapore-based venture fund that backs innovative teams evolving at breakneck speed and building the next generation of Web3 and decentralized technologies.
The fund was established in 2017 by Tony Gu, Wayne Zhu, Piyush Chaplot, Tony Tao, and Roger Lim, with international branches also in Shanghai, Taipei, London, Texas and San Francisco. NCG is primarily oriented on investments in De-Fi, decentralized computing and gaming, being renowned as one of the biggest institutional crypto asset holders in the Asian region with $500M AUM.
NGC Ventures has successfully raised three (3) funds and distributed them across foundational niches of the crypto industry.
You can learn more about this close cooperation with the NEO's ecosystem in the report provided here, and in some rare articles about the NEO ecosystem release, and NGC fund portfolio governance.
A highly important part of the fund`s activity is a thorough market analysis, because the successful funding approach revolves around deep daily research aimed at detection of revolutionary Web 3.0 projects among the hundreds of others. Thus, the fund actively allocates substantial resources through grants and investments to support research teams in esteemed academic institutions such as the National University of Singapore, Nanyang Technology University, and UC Berkeley.
NGC Ventures also extends its investments into other Web 3.0-focused funds that align with its investment philosophy. This strategic approach broadens the horizons of the portfolio companies, providing them with an extensive network of resources and connections within the industry. Among this type of NGC Ventures’ investments, there are such notable funds as Griffin Gaming Fund, Bitkraft, Republic Capital, Metaversal, Figment Capital, Collab+Currency, Symbolic Capital, WWG Ventures, Dispersion Capital, Geekcartel, Impossible Finance, 6th Man Ventures, Blockchain Founders Fund, Sanctor Capital, Shima Capital, Finance Ventures, Borderless Capital, Bonfire Union, and Longhash Ventures.
Up to date, among the well-recognized projects in the NGC portfolio, there are the following companies: Kucion, Oasis Labs, Ava Labs, Agoric, Connext, Everyrealm, CertiK, Cocos, MultiversX, Algorand, Avalanche, Mina Protocol, Solana, Flex, Zilliqa, and lots of other bright Web3 players.
Even though it is a fairly young company, the fund has demonstrated very impressive results, having performed more than 330+ investment deals and made over 27 successful exits by this moment.
Here is the current balance of interests in the NGC portfolio.
Total number of investments: 330
Project | Score | Date | Price | Status | Industry |
---|---|---|---|---|---|
Nibiru Chain | 76 | 24 Sep | $0.0667 | Past | |
SubQuery Network | 54 | 08 Sep | $0.006 | Past | |
Polyhedra Network | 78 | 05 Apr | N/A | Past | |
BounceBit | 79 | 28 Feb | $0.0167 | Past | |
peaq | 80 | 27 Mar | $0.016234 | Past |
Fund | Score | Type | Project Support | Social Influence | Co-investments |
---|---|---|---|---|---|
HashKey Capital | High | Venture | High | Medium | 3 |
Binance Labs | Very High | Incubation | Very High | Very High | 2 |
Animoca Brands (Ventures) | Very High | Corporate | Very High | Very High | 2 |
GSR | N/A | Venture | N/A | N/A | 2 |
OKX Ventures | N/A | Venture | N/A | N/A | 2 |