About Kernel Ventures
Kernel Ventures is a venture capital firm founded in 2021. It is primarily based out of Hong Kong, China. As of Apr 2023, Kernel Ventures has invested in 51 companies. It primarily invests in Seed round in Singapore based startups. Its investments are spread across a wide range of sectors from Blockchain Technology to High Tech and FinTech. Most recently it participated in the $***** Seed round of SuiPad A lot of funds co-invest with Kernel Ventures, with names like NGC Ventures sharing a substantial percentage of its portfolio. Kernel Ventures has team of 1 people including 1 partners.Key Metrics
Team Members
Mandy Hu &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Soonicorns
Kernel Ventures' List of Top Investments
Kernel Ventures has a portfolio of 51 companies. Their most notable investments are in InvArch Network and Sukhavati.Their portfolio spans across United States, China, Singapore and 16 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 9 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Kernel Ventures:
1. Avalanche
Provider of smart contracts platform for decentralized application development. It provides users with an open and programmable smart contracts platform for decentralized applications. Its services include launching Ethereum dApps, laughing customized blockchain, and more.
Key facts about Avalanche
- Founded Year: 2018
- Location: Tortola (United Kingdom)
- Stage: Funding Raised
- Employee Count: 245 as on May 31, 2026
- Investors: RAA Capital, Andreessen Horowitz and 42 Others
2. Oasis Labs
Oasis Labs provides a decentralized cloud computing platform. Provides an open-source platform for developing smart contract applications. Claims to provide security & privacy for data & computation. It has integrated hardware-software technologies to enable cloud-scale applications.
Key facts about Oasis Labs
- Founded Year: 2018
- Location: Berkeley (United States)
- Stage: Series B
- Total Funding till date: $48M
- Employee Count: 22 as on May 31, 2026
- Investors: Accel, Andreessen Horowitz and 50 Others
- Latest Funding Round: Series B, Nov 23, 2020, $*****
- Highlight: Editors' Pick
3. Metis
Blockchain-based application development platform for developers. It allows developers to launch a DApp, token, or any other kind of project on the platform. It offers solutions for low gas fees, fast transactions, native storage, security, and more.
Key facts about Metis
- Founded Year: 2018
- Location: Singapore (Singapore)
- Stage: Seed
- Total Funding till date: $4M
- Employee Count: 50 as on May 31, 2026
- Investors: MV Global, Kernel Capital and 34 Others
- Latest Funding Round: ICO, May 13, 2021, $*****
- Highlight: Editors' Pick
Decentralized bitcoin exchange and interoperability protocol. It offers a custody-less interoperability protocol for Bitcoin, allowing for atomic swaps between native Bitcoin assets. Its provides a secure and self-custodial gateway to the vast universe of Web3 decentralized applications.
Key facts about Portal to Bitcoin
- Founded Year: 2018
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $92.5M
- Employee Count: 46 as on Mar 31, 2026
- Investors: Monday Capital, Coinbase and 37 Others
- Latest Funding Round: Series A, Aug 28, 2025, $*****
- Highlight: Editors' Pick
Developer of a free-to-play multiplayer role-playing game with player economy. The game features time travelers navigating colliding historical eras and dark forces. It offers dungeons, crafting, collectibles, and character class changes during gameplay. The platform facilitates the buying, selling, and trading of digital assets.
Key facts about Big Time Studios
- Founded Year: 2020
- Location: Beverly Hills (United States)
- Stage: Series A
- Total Funding till date: $10.3M
- Employee Count: 46 as on May 31, 2026
- Investors: Sound Ventures, Digital Currency Group and 16 Others
- Latest Funding Round: Series A, May 12, 2021, $*****
- Highlight: Editors' Pick
Kernel Ventures' Year-on-Year Investment Trends
Kernel Ventures has invested in 51 companies over the last 5 years, with an average of 3 new investments annually in the last 5 years. Its most recent first time investment was in SuiPad.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 2 | 0 | 2 |
2022 | 8 | 0 | 8 |
2021 | 12 | 0 | 12 |
Kernel Ventures' Investments by Stage
Kernel Ventures has made 17 investments in Seed stage with an average round size of $2.09M and 5 investments in Series A stage with an average round size of $6.29M.Stage of entry | No. of Investments |
|---|---|
Seed | 17 |
Series A | 5 |
Note: We have considered here, only first round of investments
Kernel Ventures' Investments by Sector
Kernel Ventures has a diverse portfolio, with companies operating in the Blockchain Technology, High Tech, Blockchain - Industry Applications, FinTech and Enterprise Applications. Notably, it has invested in 46 Tech companies, 43 Blockchain companies, 28 Software companies and at least 27 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Blockchain Technology | 18 |
High Tech | 14 |
Blockchain - Industry Applications | 12 |
FinTech | 11 |
Enterprise Applications | 9 |
Others | 22 |
Note: We have considered here, only first round of investments
Kernel Ventures' Investments by Geography
Kernel Ventures has made most investments in Singapore (6), followed by China where it has made 5 investments.Country | No. of Investments |
|---|---|
Singapore | 6 |
China | 5 |
Switzerland | 3 |
United States | 3 |
Australia | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Kernel Ventures' recent investments
Kernel Ventures has not made any investment in 2026 so far.Here are the most recent investments by Kernel Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 26, 2023 | Singapore | Seed | 4059 | [+15] | |
Apr 07, 2023 | China | Seed | 7844 | [+6] | |
Jul 15, 2022 | United States | Seed | 1552 | [+3] | |
Jul 12, 2022 | United States | Seed | 2347 | [+3] | |
Mar 23, 2022 | Norway | Series A | 8048 | [+31] |
Team profile of Kernel Ventures
Kernel Ventures has a team of 1 member located in China. Kernel Ventures' team does not sit on the board of any company as of now.Co-investors of Kernel Ventures
Over the past 5 years, 248 investors have co-invested in Kernel Ventures's portfolio companies. This includes funds and angels.
- Invested before Kernel Ventures: omnilab.it has invested before Kernel Ventures.
- Top Co-investors of Kernel Ventures: 184 investors entered a company along with Kernel Ventures. These include investors like NGC Ventures (7 companies).
- Invested after Kernel Ventures: A total of 63 investors have invested in Kernel Ventures's portfolio after their investments. Top Investors include HashKey (2 companies), Tess Ventures (2 companies) and Hash Global (2 companies).
Recent News related to Kernel Ventures
•
Lumoz completes $6 million in token financing at $120 million valuationPANews•Apr 08, 2024•Kernel Ventures, Kronos Research, Comma3 Ventures, KuCoin and 3 others
•
Yesports closes $2.25m round to launch Esports Metaverse PlatformEsports Insider•Jan 18, 2022•Yesports, Alphabit, Polygon Studios, Cosmos Bank and 3 others
•
Bit.Country Raises $4M in Seed for Individualized MetaversesGlobeNewswire•May 15, 2021•Bit.Country, Genblock Capital, LongHash, CMS Ventures and 26 others
