# DFund

> DFund is a VC fund in Beijing backing Blockchain and Information Services. See 7 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Beijing, China
- Total investments: 7
- Last investment: Sep 2020
- Lead investor: 14%
- Last updated: Aug 2026
- Website: https://d.group

DFund is a professional investment company.

## Contacts

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

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $10M–$20M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 5 | 71% |
| Information Services | 2 | 29% |
| Information Technology | 2 | 29% |
| B2B | 1 | 14% |
| B2C | 1 | 14% |

16 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 29% |
| Series A | 2 | 29% |
| Corporate Round | 1 | 14% |
| Initial Coin Offering | 1 | 14% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Singapore | 2 | 29% |
| United States | 2 | 29% |
| Japan | 1 | 14% |
| Taiwan | 1 | 14% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Dong Zhao | Co-Founder | 0 | https://shizune.co/investors/profile/dong-zhao |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| WOO Network | WOO Network is a trading platform provider that aims to provide above-average liquidity for spot and futures trading while charging zero or negative trading fees. The company's platform connects traders, exchanges, institutions, and Defi platforms, democratizing access to liquidity and trading execution | $10M | Seed | Sep 15, 2020 |  |
| Bhex.com | BHEX is the next generation digital asset trading platform, with top grade performance of matching system which designed for million level of concurrent transactions. It further evolves to a globally distributed multi-nodes system and provides decentralized custody and clearing services of digital assets to institutional and retail investorstransparently. |  | Corporate Round | Aug 17, 2018 |  |
| Lambda | Lambda is a fast, safe, and scalable blockchain infrastructure project, which provides decentralized applications (DAPPs) data storage capabilities with unlimited scalability and fulfills services such as multi-chain data co-storage, cross-chain data management, data privacy protection, PDP, and distributed intelligent computing through logicdecoupling and independent implementation of Lambda Chain and Lambda DB | $3.1M | Series A | Jun 21, 2018 |  |
| Cred | Cred is a decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain. Founded in 2017, the company is headquartered in San Francisco, California, United States. | $16M | Initial Coin Offering | Apr 26, 2018 |  |
| Cred | Cred is a decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain. Founded in 2017, the company is headquartered in San Francisco, California, United States. | $16M | Initial Coin Offering | Apr 16, 2018 |  |
| Block001.cn | Block001.cn is a blockchain news portal based in China. |  | Series A | Mar 19, 2018 |  |
| Lino | Lino network is a decentralized autonomous content economy.Lino aims to create a decentralized autonomous content economy by leveraging the blockchain technology. In this economy, content value can be recognized efficiently, and all contributors can be incentivized in a more direct and effective manner that helps promote long-term economic growthfor individual creators and for content creation generally.Founded in 2017, the company is headquartered in Cupertino, California, United States. | $20M | Seed | Feb 05, 2018 |  |

7 of 7 investments shown.

## Co-investors
- [FBG Capital](https://shizune.co/investors/profile/fbg-capital) — VC Fund, 3 deals together
- [GBIC](https://shizune.co/investors/profile/gbic) — VC Fund, 3 deals together
- [8 Decimal Capital](https://shizune.co/investors/profile/8-decimal-capital) — VC Fund, 2 deals together
- [BlockTower Capital](https://shizune.co/investors/profile/blocktower-capital) — VC Fund, 2 deals together
- [BlockVC](https://shizune.co/investors/profile/blockvc) — VC Fund, 2 deals together
- [CryptoParency](https://shizune.co/investors/profile/cryptoparency) — VC Fund, 2 deals together

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## FAQ

### What does DFund invest in?

DFund invests primarily in Blockchain, Information Services and Information Technology startups, most often at Seed and Series A stage. Most of the 7 investments tracked by Shizune back companies in Singapore. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is DFund's check size?

DFund typically joins rounds of $10M–$20M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds DFund participates in.

### How do I contact DFund?

Public channels for DFund include the website linked on this profile. 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 DFund?

The team at DFund includes Dong Zhao (Co-Founder). 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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