# Algorand Asia Accelerator

> Algorand Asia Accelerator is a VC fund backing Blockchain and Cryptocurrency. See 2 investments, round sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Singapore, Singapore
- Total investments: 2
- Last investment: Oct 2021
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/algorandfoundation/about/
- Website: https://algorand.foundation/ecosystem/accelerator/
- Facebook: https://www.facebook.com/AlgorandFoundation/

Algorand Asia Accelerator is a VC fund in Singapore focused on Blockchain and Cryptocurrency. The Algorand Asia Accelerator program is a collective initiative between the Algorand Foundation, Borderless Capital (the Algorand-focused blockchain venture fund) and powered by LongHash Ventures, supporting blockchain startups and entrepreneurs to build decentralized applications on Algorand blockchain with an emphasis on Asia.

## Contacts

5 contacts available for Algorand Asia Accelerator. Shizune tracks 1 team members at Algorand Asia Accelerator. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/algorand-asia-accelerator?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 2 | 100% |
| Cryptocurrency | 2 | 100% |
| Banking | 1 | 50% |
| FinTech | 1 | 50% |
| IT Infrastructure | 1 | 50% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Venture - Series Unknown | 1 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Hong Kong | 1 | 50% |
| Singapore | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Konstantin Richter | CEO | 0 | — |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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. | $10M | Venture - Series Unknown | Oct 05, 2021 |  |
| Yieldly | Yieldly is a protocol building the first dynamic suite of non-custodial smart contracts on Algorand, with a lossless lottery as the initial use case.is a protocol building the first dynamic suite of non-custodial smart contracts on Algorand, with a lossless lottery as the initial use case. | $15K | Seed | Oct 01, 2020 |  |

2 of 2 investments shown.

## Co-investors
- [Animoca Brands](https://shizune.co/investors/profile/animoca-brands-corporation) — VC Fund, 1 deal together
- [BCW Group](https://shizune.co/investors/profile/bcw-group) — VC Fund, 1 deal together
- [Cyberport Hong Kong](https://shizune.co/investors/profile/cyberport-hong-kong) — VC Fund, 1 deal together
- [Double Peak Group](https://shizune.co/investors/profile/double-peak-group) — VC Fund, 1 deal together
- [Mind Fund](https://shizune.co/investors/profile/mind-fund) — VC Fund, 1 deal together
- [Ripple](https://shizune.co/investors/profile/ripple-labs) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Algorand Asia Accelerator invest in?

Algorand Asia Accelerator invests primarily in Blockchain, Cryptocurrency and Banking startups, most often at Seed and Venture - Series Unknown stage. Most of the 2 investments tracked by Shizune back companies in Hong Kong. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Algorand Asia Accelerator?

Public channels for Algorand Asia Accelerator include LinkedIn, the website linked on this profile and Facebook. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Algorand Asia Accelerator?

The team at Algorand Asia Accelerator includes Konstantin Richter (CEO). The Team section lists each member with their title, investment count and links.

### 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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