About Krust
Krust is a venture capital firm founded in 2021. It is primarily based out of Singapore, Singapore. As of Aug 2023, Krust has invested in 7 companies. It primarily invests in Seed round in South Korea based startups. Its investments are spread across a wide range of sectors from High Tech to Blockchain Technology and FinTech. Most recently it participated in the $***** Series B round of ZetaChain A lot of funds co-invest with Krust, with names like Blockchain sharing a substantial percentage of its portfolio. Krust has team of 7 people including 1 partners.Krust's List of Top Investments
Krust has a portfolio of 7 companies. Their most notable investments are in ISKRA and ZetaChain.Their portfolio spans across Singapore, South Korea and United States. They have invested in High Tech, Blockchain Technology, FinTech and 2 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Krust:
1. ZetaChain
Provider of blockchain infrastructure for encrypted artificial intelligence memory layers. This platform operates as a decentralized network that enables developers to build applications with persistent user-owned data across various artificial intelligence models. The system facilitates secure identity management, permissioned access to information, and onchain settlement for computational tasks. By connecting multiple blockchain ecosystems, the network allows applications to maintain state and context for agents without centralizing user information or requiring repeated training. The infrastructure supports cross-chain interoperability and provides tools for model routing and execution. Native assets within the network are used for transaction fees, staking to maintain security, and governance processes. Users manage their own memory vault, ensuring that agents and applications only access approved data. This architecture serves as a foundation for building interoperable applications that function across different execution environments while preserving data sovereignty for the end user.
Key facts about ZetaChain
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $27M
- Employee Count: 53 as on Aug 31, 2026
- Investors: Foundation Capital, Human Capital and 13 Others
- Latest Funding Round: ICO, Jan 30, 2024, $*****
- Highlight: Editors' Pick
2. ISKRA
NFT-based trading platform for digital games. It enables users to buy and sell game assets. It offers a premier destination for players, developers, and investors to explore the thrill and opportunity of web3 gaming.
Key facts about ISKRA
- Founded Year: 2021
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $74.5M
- Employee Count: 33 as on May 31, 2026
- Investors: LINE Corporation, Netmarble Games Corporation and 19 Others
- Latest Funding Round: Series A, Apr 25, 2024, $*****
Community-driven Web3 gaming company. It is focused on delivering games through decentralized content and technologies. The company has developed a game called Nine Chronicles, which is a decentralized RPG where players can play, mine, and govern together. Additionally, it offers solutions for blockchain games, including blockchain creation, token operation, and security management.
Key facts about Planetarium Labs
- Founded Year: 2018
- Location: United States
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $34.6M
- Investors: Samsung NEXT, Kakao Investment and 14 Others
- Latest Funding Round: Series A, Jul 07, 2022, $*****
- Highlight: Editors' Pick
4. Oasys
Developer of a blockchain designed for gaming, AI, and Web3. It provides a high-performance blockchain focused on scalability and Web3 experiences. The blockchain offers tools for developers to build verses, decentralized applications, and infrastructure. It also allows users to stake and earn rewards.
Key facts about Oasys
- Founded Year: 2021
- Location: Singapore (Singapore)
- Stage: Series B
- Total Funding till date: $20M
- Employee Count: 13 as on Aug 31, 2026
- Investors: Republic Capital, Gree and 41 Others
- Latest Funding Round: Series B, Aug 29, 2024, $*****
- Highlight: Editors' Pick
5. KlayDice
Provider of NFT-based strategy & board game. "KLAYDICE" is a Dice-to-Earn strategy-based board game where players can collect, win battles, and earn dice tokens. The game is available for mobile platforms.
Key facts about KlayDice
- Founded Year: 2022
- Location: Seoul (South Korea)
- Stage: Seed
- Investors: OKX, Krust and 1 Other
- Latest Funding Round: Seed, Apr 08, 2022, $*****
Krust's Year-on-Year Investment Trends
Its most recent first time investment was in ZetaChain and most recent follow-on round was in ISKRA.Krust's Investments by Stage
Krust has made 3 investments in Seed stage with an average round size of $19.1M, 2 investments in Series A stage with an average round size of $19M and 2 investments in Series B stage with an average round size of $23.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Series A | 2 |
Series B | 2 |
Note: We have considered here, only first round of investments
Krust's Investments by Sector
Krust has a diverse portfolio, with companies operating in the Blockchain Technology, High Tech, Blockchain - Industry Applications, FinTech and Gaming. Notably, it has invested in 6 Blockchain companies, 6 Consumer (B2C) companies, 6 Tech companies and at least 2 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Blockchain Technology | 6 |
High Tech | 6 |
Blockchain - Industry Applications | 5 |
FinTech | 5 |
Gaming | 5 |
Others | 2 |
Note: We have considered here, only first round of investments
Krust's Investments by Geography
Krust has made most investments in South Korea (3), followed by Singapore where it has made 2 investments.Country | No. of Investments |
|---|---|
South Korea | 3 |
Singapore | 2 |
United States | 2 |
Note: We have considered here, only first round of investments
Krust's recent investments
Krust has not made any investment in 2026 so far.Here are the most recent investments by Krust:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 16, 2023 | United States | Series B | 7411 | [+10] | |
Sep 22, 2022 | Singapore | Series A | 8212 | [+2] | |
Sep 12, 2022 | South Korea | Series A | 3551 | - | |
Jul 07, 2022 | United States | Series A | 1776 | [+3] | |
Jul 06, 2022 | Singapore | Series B | 8743 | [+29] |
Team profile of Krust
Krust has a team of 7 members including 1 Partner and 2 Principals located in South Korea and Singapore. Krust's team does not sit on the board of any company as of now.Here is a list of all team members in Krust:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Seoul | - | - | |
Principal | Singapore | - | - | |
Principal | - | - | - |
Co-investors of Krust
Over the past 4 years, 96 investors have co-invested in Krust's portfolio companies. This includes funds and angels.
- Invested before Krust: FuturePlay, BASS Investment and 9 others have invested in rounds before Krust. There is 1 company where FuturePlay has invested before Krust and 1 company where BASS Investment has invested before Krust.
- Top Co-investors of Krust: 65 investors entered a company along with Krust. These include investors like Blockchain (1 company).
- Invested after Krust: A total of 20 investors have invested in Krust's portfolio after their investments. Top Investors include Animoca Brands (1 company), Netmarble Games Corporation (1 company) and LINE studio (1 company).
Recent News related to Krust
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ZetaChain Raises $27M To Forge The Future Of Interoperable Blockchain InnovationCoincu Financial Group•Aug 16, 2023•ZetaChain, Blockchain, Human Capital, Vy Capital and 10 others
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Animoca Brands leads $32m round of Web3 gaming firmTech in Asia•Jul 07, 2022•Animoca Brands, Planetarium Labs, Krust, WeMade Entertainment and 3 others
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Korean P2E crypto gaming platform startup ISKRA raises $34.5 mn seed capitalPulse•Apr 06, 2022•Iskra, Crust, WeMade Entertainment, NHN Bigfoot and 8 others
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KlayCity raises $3.75M in Seed Round Funding Led by Krust and Animoca BrandsPR Newswire•Mar 20, 2022•KlayCity, NAVER Z, Krust, Friends Games and 11 others
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‘KLAYDICE,’ Klaytn-based P2E game project, attracts investment from Kakao KRUSTGlobeNewswire•Feb 23, 2022•KlayDice, Krust
