About Ginko Ventures
Ginko Ventures is a venture capital firm founded in 2015. It is primarily based out of Geneva, Switzerland. As of Jul 2022, Ginko Ventures has invested in 11 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Environment Tech. Most recently it participated in the $***** Seed round of Monnai Overall, Ginko Ventures portfolio has seen 2 unicorns and 4 acquisitions including key companies like Bitfury, Actility and HMD Global Oy. A lot of funds co-invest with Ginko Ventures, with names like Foxconn Electronics sharing a substantial percentage of its portfolio.Key Metrics
Ginko Ventures' List of Top Investments
Ginko Ventures has a portfolio of 11 companies, including 2 unicorns. Their most notable investments are in Devialet and Enevo.Their portfolio spans across United States, Finland, Switzerland and 3 more locations. They have invested in High Tech, Enterprise Applications, Environment Tech and 11 other sectors, across stages such as Series B, Series C and 2 more. Here is the list of top investments by Ginko Ventures:1. Devialet
Manufacturer of high-end audio equipment including speakers and amplifiers. The company designs and produces a range of audio products for both home and professional use. These products are known for their advanced acoustic engineering and high-fidelity sound reproduction. They offer a variety of speaker types, portable speakers, soundbars, earbuds, and amplifiers, along with related accessories and an app for seamless integration with various music streaming services. The company also provides services such as upgrades, repairs, and support for its products.
Key facts about Devialet
- Founded Year: 2007
- Location: Paris (France)
- Stage: Series C
- Total Funding till date: $227M
- Employee Count: 301 as on Jul 31, 2026
- Investors: Foxconn Electronics, Ginko Ventures and 16 Others
- Latest Funding Round: Series C, Nov 27, 2024, $*****

2. Bitfury
AI and blockchain-based platform offering cryptocurrency mining solutions. It provides users with a blockchain technology company that provides infrastructure products and services to power the Web 3.0 ecosystem, making digital assets safe. It also develops and sells ASICs, PCBs, boards, servers, and data centres for mining Bitcoin. It also offers blockchain-as-a-service for government integration, a Bitcoin payment portfolio, blockchain-based solutions for the music industry, and a web-based software tool for law enforcement in blockchain applications.
Key facts about Bitfury
- Founded Year: 2011
- Location: Amsterdam (Netherlands)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $181M
- Employee Count: 87 as on Jul 31, 2026
- Investors: Lian Group, Tian Tian Ventures and 38 Others
- Latest Funding Round: Series D, Nov 06, 2018, $*****
- Highlight: Editors' Pick
3. Actility
Provider of IoT platform for LPWAN networks and device management. The platform supports LoRaWAN, cellular, and satellite technologies, offering device integration, open standard APIs, and administration interfaces. It delivers solutions for smart industries, agriculture, cities, energy, logistics, and buildings. The platform offers deployment flexibility, monitoring, geo-redundancy, and continuous upgrades.
Key facts about Actility
- Founded Year: 2010
- Location: Paris (France)
- Stage: Acquired
- Total Funding till date: $122M
- Employee Count: 106 as on Jul 31, 2026
- Investors: BNP Paribas, Foxconn Electronics and 17 Others
- Latest Funding Round: Series D, Dec 07, 2023, $*****
- Highlight: Acquired
Provider of Android smartphones and feature phones. It makes phones that are tough, fun, secure, fast, and affordable. The company offers a range of devices, including reborn classics, first-time smartphones, repairable smartphones, tablets, and smartphones fit for enterprises.
Key facts about HMD Global Oy
- Founded Year: 2016
- Location: Espoo (Finland)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $610M
- Employee Count: 1,446 as on Jul 31, 2026
- Investors: Ginko Ventures, Google and 4 Others
- Latest Funding Round: Series B, Jul 29, 2022, $*****
- Highlight: Editors' Pick

5. Monnai
Online platform offering API-enabled banking suite for banks and fintech companies. It offers solutions related to KYC onboarding, compliance, data match and identity verification, credit analysis and decision, fraud risk solution, collection and recovery solutions, and more.
Key facts about Monnai
- Founded Year: 2021
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $23M
- Employee Count: 34 as on Jul 31, 2026
- Investors: Tiger Global Management, 500 Global and 8 Others
- Latest Funding Round: Series B, Jan 15, 2026, $*****
- Highlight: Editors' Pick
Ginko Ventures' Year-on-Year Investment Trends
Ginko Ventures has invested in 11 companies over the last 11 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Monnai and most recent follow-on round was in Monnai.Ginko Ventures' Investments by Stage
Ginko Ventures has made 3 investments in Series B stage with an average round size of $45.9M, 2 investments in Series C stage with an average round size of $65.6M, 1 investment in Seed stage and 1 investment in Series A stage with an average round size of $5.5M.Stage of entry | No. of Investments |
|---|---|
Series B | 3 |
Series C | 2 |
Seed | 1 |
Series A | 1 |
Note: We have considered here, only first round of investments
Ginko Ventures' Investments by Sector
Ginko Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Enterprise Infrastructure and Internet of Things - Industry Applications. Notably, it has invested in 10 Enterprise (B2B) companies, 10 Tech companies, 6 Software companies and at least 3 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
High Tech | 3 |
Consumer | 2 |
Enterprise Infrastructure | 2 |
Internet of Things - Industry Applications | 2 |
Others | 5 |
Note: We have considered here, only first round of investments
Ginko Ventures' Investments by Geography
Ginko Ventures has made most investments in United States (3), followed by Finland where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 3 |
Finland | 2 |
France | 2 |
Switzerland | 1 |
Note: We have considered here, only first round of investments
Ginko Ventures' recent investments
Ginko Ventures has not made any investment in 2026 so far.Here are the most recent investments by Ginko Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 15, 2022 | United States | Seed | 8930 | ||
2021 | United States | Seed | 3245 | [+1] | |
May 21, 2018 | Finland | Series B | 4140 | ||
Apr 11, 2017 | France | Series D | 1816 | [+11] | |
Nov 29, 2016 | France | Series C | 8491 | [+8] |
Unicorns in Ginko Ventures' Portfolio
Ginko Ventures has 2 unicorns in its portfolio - Bitfury and HMD Global Oy. The most recent unicorn in their portfolio is Bitfury. It became a unicorn in 2018, 7 years before Ginko Ventures first invested in it.Here is a list of unicorns in Ginko Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
65 | AI and blockchain-based platform offering cryptocurrency mining solutions | 2011 | Amsterdam | Series D | aownmdk | ||
62 | Provider of Android smartphones and feature phones | 2016 | Espoo | Series B | po{dxxo |
Acquired companies in Ginko Ventures' Portfolio
4 companies from Ginko Ventures' portfolio have been acquired. The most recent acquisition was Actility in Jan 2026 by Netmore Group for $*****.Here are Ginko Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 26, 2026 | Jun 16, 2015 | Series C | 4332 | |
Dec 21, 2023 | - | - | 6695 | |
Jun 08, 2021 | Jun 30, 2015 | Series B | 2522 | |
Feb 12, 2018 | Jan 26, 2016 | Series B | 1239 |
Co-investors of Ginko Ventures
Over the past 11 years, 54 investors have co-invested in Ginko Ventures's portfolio companies. This includes funds and angels.
- Invested before Ginko Ventures: Jaina Capital, Xavier Niel and 11 others have invested in rounds before Ginko Ventures. There is 1 company where Jaina Capital has invested before Ginko Ventures and 1 company where Xavier Niel has invested before Ginko Ventures.
- Top Co-investors of Ginko Ventures: 22 investors entered a company along with Ginko Ventures. These include investors like Foxconn Electronics (5 companies).
- Invested after Ginko Ventures: A total of 19 investors have invested in Ginko Ventures's portfolio after their investments. Top Investors include Inmarsat (1 company), KPN Ventures (1 company) and Cisco Investments (1 company).
Recent News related to Ginko Ventures
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Actility: IoT Mediation Platform Company Raises $17.3 MillionPulse 2.0•Dec 08, 2023•Actility, Orange, KPN, Inmarsat and 10 others
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Monnai Raises $3.15 Million Seed Round to Create First Global Consumer Insight InfrastructureBusiness Wire•Sep 29, 2022•Monnai, Better Tomorrow Ventures, Commerce Ventures, Kearny Jackson and 2 others
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Actility raises $25M to roll out long-range IoT networksPostscapes•Jun 08, 2018•Actility, Ginko Ventures, Swiss, Orange and 3 others
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Nokia phone licensee HMD raises $100 million to drive growth pushReuters•May 21, 2018•FIH, Ginko Ventures, Nokia, HMD Global Oy
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$25 million funding for IoT platform vendor Actilitydisruptiveviews.com•Jun 17, 2017•Actility, Ginko Ventures, Foxconn Electronics, Orange and 6 others
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Idinvest's portfolio company, Actility, energised by $75m funding round to accelerate industrial IoT solutions globallyIdinvest Partners•Apr 11, 2017•Actility, Creadev, Bosch, Inmarsat and 4 others
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Foxconn Joins $106M Funding Round In French Audio Tech Firm DevialetChina Money Network•Nov 30, 2016•Devialet, Ginko Ventures, Playground Global, Rocnation and 6 others
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