# Kenetic: portfolio, investments and team

> Kenetic is a vc firm based in Hong Kong SAR China. 46 investments on record, latest Jul 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/kenetic (Millionrounds; every figure on the page links to its filing or article)

Hong Kong SAR China · [Investor](https://millionrounds.com/investors)

# Kenetic

Last cheque observed Jul 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

VC firm Quiet

Pre-seed Seed Series A Decentralization Decentralized Finance Blockchain

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 46 on record

Since the last cheque **492** days **00** hrs **00** min **00** sec

Median round **$3.1M** Rounds led **0 of 46** Sole investor **3 rounds** Mostly in **United States, 40%**

Pitch Kenetic

## Kenetic highlights

- 01 46 rounds on record
- 02 Mostly Seed and Venture: 83% of its rounds
- 03 Sole investor in 3 rounds, median $28M

## What they do

> Since 2016, we have invested in early-stage blockchain and crypto technology From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Decentralization Decentralized Finance Blockchain
- **Based in:** Hong Kong, Hong Kong SAR China
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **46 appearances**

- **2025** 5 rounds
- **Jul** **[Fundamental Global](https://millionrounds.com/company/fundamental-global)** US **$200M** With 2 others
- **May** **[Revolving Games](https://millionrounds.com/company/revolving-games)** Venture · US **Undisclosed** With 3 others
- **May** **[Tradoor](https://millionrounds.com/company/tradoor)** Seed **$1.7M** With 1 other
- **Apr** **[CrossCurve Metelayer](https://millionrounds.com/company/crosscurve-metelayer)** Venture · ES **$1.0M** With 2 others
- **Jan** **[Ooga Booga](https://millionrounds.com/company/ooga-booga)** Seed · GB **$1.5M** With 1 other
- **2024** 6 rounds
- **Oct** **[Flappy Bird](https://millionrounds.com/company/flappy-bird)** Seed · HK **$2.0M** With 1 other
- **Jul** **[Ribon](https://millionrounds.com/company/ribon)** Venture · US **Undisclosed** With 3 others
- **Jul** **[LayerPixel](https://millionrounds.com/company/layerpixel)** Seed · HK **$2.0M** With 2 others
- **Apr** **[Runes DEX](https://millionrounds.com/company/runes-dex)** Seed · US **$2.0M** With 1 other
- **Mar** **[OrdinalsBot](https://millionrounds.com/company/ordinalsbot)** Seed **$3.0M** With 1 other
- **Jan** **[SOMA.finance](https://millionrounds.com/company/soma-finance)** Crowdfunding · US **$204K** With 3 others
- **2023** 4 rounds
- **Aug** **[Mnemonic](https://millionrounds.com/company/mnemonic)** Venture · US **$10M** With 2 others
- **Jun** **[Madhive](https://millionrounds.com/company/madhive)** Growth · US **$300M** With 3 others
- **Mar** **[Redeem](https://millionrounds.com/company/redeem)** Pre-seed · US **$2.5M** With 3 others
- **Jan** **[Arcana Network](https://millionrounds.com/company/arcana-network)** Venture **Undisclosed** With 4 others
- **2022** 10 rounds
- **Sept** **[Mailchain](https://millionrounds.com/company/mailchain)** Seed · GB **$4.6M** With 2 others
- **May** **[First Digital Trust](https://millionrounds.com/company/first-digital-trust)** Series A · HK **$20M** With 1 other
- **May** **[DoinGud](https://millionrounds.com/company/doingud)** Venture · CH **Undisclosed** With 2 others
- **Mar** **[Ioconic](https://millionrounds.com/company/ioconic)** Series A · GB **$25M** Sole investor
- **Mar** **[Nested](https://millionrounds.com/company/nested)** Series A · CH **$7.5M** With 3 others
- **Mar** **[Auki Labs](https://millionrounds.com/company/auki-labs)** Seed · HK **$13M** With 3 others
- **Feb** **[Ethernity](https://millionrounds.com/company/ethernity)** Seed · KY **$20M** With 2 others
- **Feb** **[Gemie](https://millionrounds.com/company/gemie)** Seed · HK **$3.8M** With 3 others
- **Jan** **[The Defiant](https://millionrounds.com/company/the-defiant)** Venture · US **Undisclosed** With 4 others
- **Jan** **[CoinMENA](https://millionrounds.com/company/coinmena)** Venture **Undisclosed** Sole investor
- **2021** 10 rounds
- **Dec** **[Matterless Studios](https://millionrounds.com/company/matterless-studios)** Venture · HK **Undisclosed** With 3 others
- **Nov** **[Zilliqa](https://millionrounds.com/company/zilliqa)** Venture · SG **Undisclosed** With 1 other
- **Jun** **[Red Date Technology](https://millionrounds.com/company/red-date-technology)** Series A **$30M** Sole investor
- **May** **[Formation.Fi](https://millionrounds.com/company/formation-fi)** Seed **$3.3M** With 1 other
- **May** **[HashMix](https://millionrounds.com/company/hashmix)** Seed **$3.0M** With 1 other
- **May** **[Stratos Network](https://millionrounds.com/company/stratos-network)** Seed **$1.8M** With 1 other
- **Apr** **[YellowHeart](https://millionrounds.com/company/yellowheart)** Pre-seed **$2.2M** With 3 others
- **Apr** **[MakiSwap](https://millionrounds.com/company/makiswap)** Seed **$1.4M** With 2 others
- **Mar** **[Tidal Finance](https://millionrounds.com/company/tidal-finance)** Seed **$5.6M** With 1 other
- **Mar** **[OpenOcean](https://millionrounds.com/company/openocean)** Seed **$2.0M** With 2 others
- **2020** 1 round
- **Aug** **[Kyber Network](https://millionrounds.com/company/kyber-network)** Venture **Undisclosed** With 3 others
- **2019** 4 rounds
- **Sept** **[Securitize](https://millionrounds.com/company/securitize)** US · FinSMEs **$14M** With 11 others
- **Aug** **[Bluzelle](https://millionrounds.com/company/bluzelle)** Venture **Undisclosed** With 2 others
- **Jul** **[Liquefy](https://millionrounds.com/company/liquefy)** HK · FinSMEs **$2.6M** With 2 others
- **Jan** **[Parity Technologies](https://millionrounds.com/company/parity-technologies)** Grant **$5.0M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## The cheque

Pre-seed Seed Series A

Median round joined **$3.1M** the round, not its cheque Alone, median **$28M**

Led 0 of 46 rounds **0%**

- **Sole investor:** 3 rounds
- **Last cheque:** Jul 2025

Rounds by stage said on their site

- Seed said *19*
- Venture *14*
- Series A said *4*
- Pre-seed said *2*
- Crowdfunding *1*
- Series B said *-*
- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [NGC Ventures](https://millionrounds.com/fund/ngc-ventures) 6
- [Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) 4
- [Hashed](https://millionrounds.com/fund/hashed) 3
- [LD Capital](https://millionrounds.com/fund/xie) 3
- [Animoca Brands](https://millionrounds.com/fund/animoca-brands) 2
- [Arca](https://millionrounds.com/fund/arca) 2

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## Who they invest alongside

The investors most often in the same rounds as Kenetic. A count of rooms they were both in, not a relationship either has claimed.

[**NGC Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/ngc-ventures)[**Digital Currency Group** VC firm **4** rounds together](https://millionrounds.com/fund/digital-currency-group)[**Hashed** VC firm **3** rounds together](https://millionrounds.com/fund/hashed)[**LD Capital** VC firm **3** rounds together](https://millionrounds.com/fund/xie)[**Animoca Brands** Accelerator **2** rounds together](https://millionrounds.com/fund/animoca-brands)[**Arca** VC firm **2** rounds together](https://millionrounds.com/fund/arca)[**Big Brain Holdings** VC firm **2** rounds together](https://millionrounds.com/fund/big-brain-holdings)[**Blockchain Capital** VC firm **2** rounds together](https://millionrounds.com/fund/blockchain-capital)[**CMT Digital** VC firm **2** rounds together](https://millionrounds.com/fund/cmt-digital)[**IVC** VC firm **2** rounds together](https://millionrounds.com/fund/ivc)[**Mechanism Capital** VC firm **2** rounds together](https://millionrounds.com/fund/mechanism-capital)[**Outlier Ventures** Accelerator **2** rounds together](https://millionrounds.com/fund/outlier-ventures)

## Recently backed

The latest companies Kenetic put money into.

[**Fundamental Global** $200M · Jul 2025](https://millionrounds.com/company/fundamental-global)[**Ooga Booga** $1.5M · Jan 2025](https://millionrounds.com/company/ooga-booga)[**Flappy Bird** $2.0M · Oct 2024](https://millionrounds.com/company/flappy-bird)[**Ribon** Jul 2024](https://millionrounds.com/company/ribon)[**LayerPixel** $2.0M · Jul 2024](https://millionrounds.com/company/layerpixel)[**Runes DEX** $2.0M · Apr 2024](https://millionrounds.com/company/runes-dex)

## Quick answers about Kenetic

### What does Kenetic invest in?

Kenetic invests most often at Seed and Venture (83% of the rounds on record), in sectors such as Decentralization, Decentralized Finance and Blockchain.

### How active is Kenetic?

46 investments on record, 0 of them in the last 12 months. The most recent was in Jul 2025.

### What has Kenetic invested in recently?

Its most recent investments on record: Fundamental Global (Undisclosed round, Jul 2025), Revolving Games (Venture, May 2025) and Tradoor (Seed, May 2025).

### How big are Kenetic's cheques?

The median round it joins is $3.1M.

### Does Kenetic lead rounds?

Rarely, if at all: none of its 46 investments on record names it as the lead.

### Where does Kenetic invest?

Most of the companies it backs are in the United States (40%), Hong Kong SAR China (28%) and the United Kingdom (12%).

### Is Kenetic investing now?

No investments in the last 12 months; the latest was in Jul 2025.

### Who does Kenetic invest alongside?

Most often NGC Ventures (6 rounds together), Digital Currency Group (4 rounds together) and Hashed (3 rounds together).

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