Asia Venture Capital Fund completes $165 million new fundraising, Web3 ecosystem gains further institutional support

2026-01-07 02:30:13

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[Chain Wen] A venture capital fund focused on Asian startups recently completed its fourth funding round, raising $165 million, bringing the company’s total scale to $386 million.

What’s interesting about this round of financing is the participation of Pan-Asian sovereign capital — including Taiwan’s National Development Fund, Malaysia’s national-level fund Jelawang Capital, Korea’s KVIC, as well as major companies like Fubon Life, Taiwan Mobile, Wistron, Phison, and E Ink. This reflects a growing interest among Asian institutions in Web3 and emerging startups.

The fund has already accumulated over 2,000 founders and 653 active startups within its ecosystem. It has supported star projects like Lalamove, Animoca, and Flow. Notably, more than 70% of the latest accelerator projects come from other regions in Asia, indicating the expanding coverage of this fund.

In terms of investment focus, it clearly concentrates on Web3 and AI sectors, mainly targeting early-stage projects. The strategy is straightforward — to discover high-potential entrepreneurial opportunities in emerging Asian markets. During a period when Web3 ecosystems need capital support, this cross-border, cross-institutional collaboration model is indeed driving regional innovation.

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StakeTillRetire

· 20h ago

Are Asian sovereign funds starting to get involved? Are they treating Web3 as infrastructure? No wonder projects like Animoca are able to emerge.

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HodlOrRegret

· 01-09 01:08

Asian sovereign funds are also coming in, indicating that this round is truly different. However, Animoca has already supported and only raised 165 million...

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LiquidationAlert

· 01-07 03:00

Sovereign funds have entered the market, and now Asian Web3 is truly a bit different.

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Rekt_Recovery

· 01-07 02:59

ngl the sovereign fund participation is what caught me here... after getting liquidated twice trying to chase asia plays, seeing actual government backing makes me sleep better at night. still got leverage ptsd but this one hits different

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RektRecorder

· 01-07 02:58

Asian sovereign funds are entering the market one after another. This time, it's really happening... What does the participation of major companies indicate? It shows that they also realize they can no longer wait and see.

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0xInsomnia

· 01-07 02:57

Asian major investors are really starting to take Web3 seriously, it's not just VCs moving, even sovereign funds are coming... This is truly the real signal.

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OnchainDetective

· 01-07 02:49

Wait, I need to trace the flow of this money... 165 million in new funding, with so many national funds and large enterprises entering the scene simultaneously. It's obvious this isn't ordinary financing. Are national-level capital and sovereign funds all stepping in? Based on experience tracking on-chain data, this combination is quite interesting... Asia is quietly collaborating to deploy Web3. Out of 653 startups, only 70% are outside Asia? Let's reverse engineer the ratio... This data pattern of expanding coverage, I suspected Asia would do this long ago. As for the address relationship map behind the total scale of 3.86 billion, we need to take a close look at who is truly controlling this game.

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CryptoGoldmine

· 01-07 02:34

Looking at this financing structure, what does the entry of sovereign capital mean... The Asian official level is implicitly calculating the opportunity cost of laying out Web3. There are 653 active startups, over 2,000 founders. How do we view the ROI cycle? From the growth curve of the computing power network, this kind of scaled ecosystem sedimentation is indeed accumulating potential energy. 653 active startups sound like a lot, but when spread over a total scale of 386 million, the average per company could actually go deeper. The key still depends on the return cycle of this 165 million investment.

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