About Hash Capital
Hash Capital is a venture capital firm founded in 2017. It is primarily based out of Kowloon, China. As of Feb 2025, Hash Capital has invested in 29 companies. It primarily invests in Series A round in China based startups. Its investments are spread across a wide range of sectors from High Tech to Blockchain Technology and Enterprise Applications. Most recently it participated in the $***** Series A round of NodeGo Overall, Hash Capital portfolio has seen 1 unicorn and 1 acquisition, namely Liquid and DFINITY. A lot of funds co-invest with Hash Capital, with names like Galaxy Interactive sharing a substantial percentage of its portfolio. Hash Capital has team of 5 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Seed
Portfolio Acquisitions
Portfolio Unicorns
Hash Capital's List of Top Investments
Hash Capital has a portfolio of 29 companies, one of which is a Unicorn. Their most notable investments are in NodeGo and rct AI.Their portfolio spans across United States, China, Singapore and 6 more locations. They have invested in High Tech, Blockchain Technology, Enterprise Applications and 8 other sectors, across stages such as Series A, Seed stages. Here is the list of top investments by Hash Capital:1. Liquid
Liquid provides an online exchange platform for digital assets. Offers crypto-to-crypto, fiat-to-crypto, and crypto-to-fiat exchange service. It supports various cryptocurrency pairs such as Bitcoin, Ethereum, Litecoin, etc. It also offers financial services and cryptocurrency liquidity. It features an app-based platform that is available for both Android and IOS devices.
Key facts about Liquid
- Founded Year: 2014
- Location: Japan
- Annual Revenue: 41.1M SGD as on Mar 31, 2019
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $20M
- Employee Count: 201 - 500 as on Jul 01, 2024
- Investors: BITMAIN, Fundamental Labs and 13 Others
- Latest Funding Round: Conventional Debt, 2021, $*****
- Highlight: Acquired

2. DFINITY
Blockchain-based public network for building decentralized applications. It enables smart contracts to securely serve interactive web content directly into the browsers of end-users. It also allows users to build internet computer projects.
Key facts about DFINITY
- Founded Year: 2014
- Location: Palo Alto (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $164M
- Employee Count: 218 as on Mar 31, 2026
- Investors: Hanover Capital, Amino Capital and 59 Others
- Latest Funding Round: Series C, Aug 29, 2018, $*****
- Highlight: Editors' Pick

3. AppCoins
The AppCoins project is developing a protocol for mobile advertising which enables increasing the volume and turnover of the mobile advertising market. The protocol is planned to be implemented as a cross-service solution, meaning any app store will be able to connect to the system and use its advantages to optimize its business. All transactions within the ecosystem will be conducted using the native token.
Key facts about AppCoins
- Founded Year: 2017
- Location: Lisbon (Portugal)
- Stage: Funding Raised
- Employee Count: 6 as on Jul 01, 2024
- Investors: Carpere Capital Management, Hash Capital and 1 Other
- Latest Funding Round: ICO, Dec 20, 2017, $*****

4. rct AI
Developer of AI-enabled gaming engines. The platform utilized AI and machine learning technology for developing gaming engines for game experience management.
Key facts about rct AI
- Founded Year: 2018
- Location: Burbank (United States)
- Stage: Series A
- Total Funding till date: $14.2M
- Employee Count: 38 as on Mar 31, 2026
- Investors: Makers Fund, Leonis Capital and 28 Others
- Latest Funding Round: Series A, Mar 14, 2022, $*****
- Highlight: Editors' Pick
5. Bloq
Bloq provides enterprise grade blockchain solutions to industries. There key offerings include 1) BloqEnterprise, a bitcoin router software and associated libraries, 2) BloqSuite, a blockchain infrastructure software platform and 3) BloqThink, a strategic architecting and consulting service assisting in prototype design and development for enterprises.
Key facts about Bloq
- Founded Year: 2015
- Location: Chicago (United States)
- Stage: Seed
- Employee Count: 31 as on Dec 31, 2022
- Investors: Digital Currency Group, Vc and 8 Others
- Latest Funding Round: Seed, 2016, $*****
Hash Capital's Year-on-Year Investment Trends
Hash Capital has invested in 29 companies over the last 8 years, with an average of 0 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in NodeGo and most recent follow-on round was in Block Finance.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 2 | 1 | 3 |
Hash Capital's Investments by Stage
Hash Capital has made 3 investments in Series A stage with an average round size of $6.53M and 1 investment in Seed stage.Stage of entry | No. of Investments |
|---|---|
Series A | 3 |
Seed | 1 |
Note: We have considered here, only first round of investments
Hash Capital's Investments by Sector
Hash Capital has a diverse portfolio, with companies operating in the Blockchain - Industry Applications, Blockchain Technology, Enterprise Applications, High Tech and Enterprise Infrastructure. Notably, it has invested in 26 Blockchain companies, 26 Tech companies, 20 Enterprise (B2B) companies and at least 19 companies focusing on Software.Sector | No. of Investments |
|---|---|
Blockchain - Industry Applications | 2 |
Blockchain Technology | 2 |
Enterprise Applications | 2 |
High Tech | 2 |
Enterprise Infrastructure | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Hash Capital's Investments by Geography
Hash Capital has made most investments in China (2), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
China | 2 |
United States | 2 |
Note: We have considered here, only first round of investments
Hash Capital's recent investments
Hash Capital has not made any investment in 2026 so far.Here are the most recent investments by Hash Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 10, 2025 | United States | Series A | 3402 | - | |
Oct 19, 2021 | United States | Series A | 3248 | [+10] | |
Jun 06, 2018 | China | Series A | 6642 | [+4] | |
Apr 20, 2018 | China | Series A | 9002 | [+2] | |
Mar 15, 2018 | China | Seed | 3566 | - |
Unicorns in Hash Capital's Portfolio
Hash Capital has 1 unicorn in its portfolio - DFINITY. The most recent unicorn in their portfolio is DFINITY which became a unicorn in 2018, 7 years before Hash Capital first invested in it.Here is a list of unicorns in Hash Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
69 | Blockchain-based public network for building decentralized applications | 2014 | Palo Alto | Series C | cguubks |
Acquired companies in Hash Capital's Portfolio
1 company from Hash Capital's portfolio has been acquired. The most recent acquisition were Liquid in Jul 2024 by bitFlyer.Here are Hash Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 26, 2024 | - | - | 5645 |
Team profile of Hash Capital
Hash Capital has a team of 5 members including 3 Partners. Hash Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Hash Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - |
Co-investors of Hash Capital
Over the past 8 years, 34 investors have co-invested in Hash Capital's portfolio companies. This includes funds and angels.
- Invested before Hash Capital: Y Combinator, CollinStar and 2 others have invested in rounds before Hash Capital. There is 1 company where Y Combinator has invested before Hash Capital and 1 company where CollinStar has invested before Hash Capital.
- Top Co-investors of Hash Capital: 14 investors entered a company along with Hash Capital. These include investors like Galaxy Interactive (1 company).
- Invested after Hash Capital: A total of 16 investors have invested in Hash Capital's portfolio after their investments. Top Investors include Republic (1 company), Anthos Capital (1 company) and Alameda Research (1 company).
Recent News related to Hash Capital
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Blockchain Security Company Hexens Raises $4.2 Million in Seed Funding Led by IOSG VenturesNewMediaWire•Oct 27, 2022•Hexens, IOSG Ventures, Delta Blockchain Fund, Hash Capital and 3 others
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Blockchain Security Company Hexens Raises $4.2M in Seed Funding Led by IOSG VenturesCoinspeaker•Oct 17, 2022•Hexens, IOSG Ventures, Chapter One, Hash Capital and 3 others
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Microsoft’s M12 led $20M investment in web3 platform Space and TimeTechCrunch+•Sep 27, 2022•Microsoft, Space and Time, TechCrunch+, Microsoft Azure and 13 others
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rct AI Closed Series A-3 FundingBusiness Wire•Nov 09, 2021•rct AI, Galaxy Interactive, Bonfire, Everest Ventures Group and 12 others
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