# Adrian Cheng

> Adrian Cheng is a Series A investor at CTF Education Group backing Artificial Intelligence. See 28 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [CTF Education Group](https://shizune.co/investors/profile/ctf-education-group)
- Total investments: 28
- Last investment: Nov 2024
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/adrian-cheng-chi-kong
- Website: https://c-venturesfund.com
- Facebook: https://www.facebook.com/AdrianChengKAF

Adrian Cheng is a Series A investor at CTF Education Group focused on Artificial Intelligence and Fashion. Adrian Cheng is based out of Hong Kong and served as the Non-executive Director and Non-executive Vice-chairman of New World Development. Adrian attended the Harvard University.

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $2.8M–$102M |
| Series B | $60M–$100M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 5 | 18% |
| Fashion | 4 | 14% |
| Blockchain | 4 | 14% |
| Health Care | 4 | 14% |
| Biotechnology | 4 | 14% |

63 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 7 | 25% |
| Series B | 7 | 25% |
| Venture - Series Unknown | 3 | 11% |
| Series C | 2 | 7% |
| Funding Round | 2 | 7% |

11 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 10 | 36% |
| China | 7 | 25% |
| Hong Kong | 3 | 11% |
| United Kingdom | 2 | 7% |
| Italy | 1 | 4% |

6 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 0G | 0G Labs is a technology business that specializes in blockchain technology, emphasizing decentralization for a range of industries and societal issues. | $40M | Seed | Nov 13, 2024 |  |
| The Data Foundation | Powering web3 narrative universes via story legos | $80M | Series B | Aug 21, 2024 |  |
| 1017 ALYX 9SM | The brand was created by Matthew Williams, based on the idea of using premium materials combined with subversive culture. |  | Angel | Nov 17, 2023 |  |
| NaaS Technology | NaaS Technology is a provider of electric vehicle charging services for operators and owners. The company also offers one-stop services to charging pile manufacturers and operators, OEMs, companies with their own delivery fleets, and fleet operators, covering the entire value chain across the EV sector with online, offline, and non-electricservices. It had linked 290,000 chargers, with an annual charging capacity of more than 1,200 gigatonnes.NaaS Technology aims to make charging facilities more efficient and to incorporate this into structural changes to China's energy infrastructure, achieving an important step toward carbon neutrality. | $21M | Post-IPO Equity | May 30, 2023 |  |
| Micro Connect | Micro Connect provides market infrastructure, fintech, and platform development. | $70M | Series B | Mar 31, 2022 |  |
| Hex Trust | Hex Trust is a fully-licensed and insured provider of bank-grade custody for digital assets. Through our proprietary platform Hex Safe™, we deliver custody, DeFi, brokerage, and financing solutions for financial institutions, digital asset organizations, corporate and private clients. Hex Trust has offices in Hong Kong, Singapore, and Vietnam andis expanding across Europe and the Middle East.Our mission is to provide the infrastructure that enables banks and financial institutions to adopt and integrate digital assets into their business models within a highly secure, scalable and compliant custody framework.Hex Trust is registered as a Trust Company under the Hong Kong Trust Ordinance and holds a Trust or Company Service Provider (TCSP) license under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. In Singapore, Hex Trust holds a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS) allowing the company to provide custodial services regulated under Singapore’s Securities and Futures Act. | $88M | Series B | Mar 15, 2022 |  |
| Nothing | Nothing is a consumer electronics company that designs and manufactures smartphones, earbuds, and other connected devices. The company focuses on product integration and user experience, aiming to create a digital ecosystem through hardware and software development. | $70M | Series B | Mar 09, 2022 |  |
| Animoca Brands | Animoca Brands is a metaverse and gaming venture capital firm that focuses on driving digital property rights to gamers and internet users through NFTs. It utilizes gamification and blockchain to develop and market a portfolio of mobile applications, games, and additional products oriented to educational learning to ensure transparency, security,and new business models. | $358.9M | Venture - Series Unknown | Jan 18, 2022 |  |
| Animoca Brands | Animoca Brands is a metaverse and gaming venture capital firm that focuses on driving digital property rights to gamers and internet users through NFTs. It utilizes gamification and blockchain to develop and market a portfolio of mobile applications, games, and additional products oriented to educational learning to ensure transparency, security,and new business models. | $358.9M | Series C | Jan 18, 2022 |  |
| The Sandbox | The Sandbox is a decentralized, community-driven platform, where creators can make voxel assets and gaming experiences and monetize them on the blockchain. It features 3 main components: an NFT builder, a Marketplace, and Game Maker. |  | Venture - Series Unknown | Dec 09, 2021 |  |

10 of 28 investments shown.

## Co-investors
- [C Ventures](https://shizune.co/investors/profile/c-ventures) — VC Fund, 6 deals together
- [HSG](https://shizune.co/investors/profile/sequoia-capital-china) — VC Fund, 4 deals together
- [Andreessen Horowitz](https://shizune.co/investors/profile/andreessen-horowitz) — VC Fund, 3 deals together
- [Animoca Brands](https://shizune.co/investors/profile/animoca-brands-corporation) — VC Fund, 3 deals together
- [HSG](https://shizune.co/investors/profile/hsg-cap) — VC Fund, 3 deals together
- [Liberty City Ventures](https://shizune.co/investors/profile/liberty-city-ventures) — VC Fund, 3 deals together

## About CTF Education Group

VC Fund



1 contacts available at CTF Education Group.

| Name | Title | Profile |
| --- | --- | --- |
| Adrian Cheng | Group CEO | https://shizune.co/investors/profile/adrian-cheng-8ec7 |

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## FAQ

### What does Adrian Cheng invest in?

Adrian Cheng invests primarily in Artificial Intelligence, Fashion and Blockchain startups, most often at Series A and Series B stage. Most of the 28 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Adrian Cheng's check size?

Adrian Cheng typically joins rounds of $2.8M–$102M at Series A and $60M–$100M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Adrian Cheng participates in.

### When did Adrian Cheng last invest?

The most recent investment recorded for Adrian Cheng closed in Nov 2024. Shizune tracks 28 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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