# Mask Network

> Mask Network is a VC fund in Singapore backing Blockchain and Cryptocurrency. See 120 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Singapore, Singapore
- Total investments: 120
- Last investment: Jan 2026
- Lead investor: 11%
- Fund size: $50M
- Last fund: Jul 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/masknetwork/
- X (Twitter): https://twitter.com/realmaskbook
- Website: https://mask.io
- Facebook: https://www.facebook.com/masknetwork/

Mask Network is a VC fund in Singapore focused on Blockchain and Cryptocurrency. Mask Network build the bridge between Web 2.0 (Platforms such as Twitter) and Web 3.0 - By letting users send encrypted messages to friends, send and receive cryptocurrency and share files, and interact with DApps, all on a decentralized level. Mask Network offers the ability to fund Gitcoin grant campaigns directly from Twitter, as well as plansto offer p2p payments and decentralized storage functionality. It is a decentralized portal that also allows users to use DApps like crypto payments, decentralized finance, decentralized storage, e-commerce (digital goods/NFTs) and decentralized organizations (DAO) over the top of existing social networks without migrating, creating what is referred to as a decentralized Applet (DApplet) ecosystem.

## Contacts

5 contacts available for Mask Network. Shizune tracks 2 team members at Mask Network. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/dimension-293e?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.4M–$9M |
| Pre-Seed | $900k–$4M |
| Series A | $10M–$25M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 53 | 44% |
| Cryptocurrency | 24 | 20% |
| Web3 | 21 | 18% |
| Artificial Intelligence | 17 | 14% |
| Software | 14 | 12% |

81 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 62 | 52% |
| Pre-Seed | 23 | 19% |
| Series A | 7 | 6% |
| Venture - Series Unknown | 7 | 6% |
| Funding Round | 6 | 5% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 32 | 27% |
| Singapore | 11 | 9% |
| Japan | 4 | 3% |
| Hong Kong | 4 | 3% |
| United Kingdom | 4 | 3% |

15 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Suji Yan | Founder and CEO | 26 | https://shizune.co/investors/profile/suji-yan |
| Cecilia Li | Ecosystem and Investment Partner | 9 | https://shizune.co/investors/profile/cecilia-li |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| TBook | TBook is a full-stack, chain-agnostic infrastructure layer designed for the digital workforce. |  | Seed | Jan 09, 2026 |  |
| Depinsim | DepinSim is a blockchain-based eSIM platform that lets users access global mobile data and earn rewards. | $8M | Seed | Oct 24, 2025 |  |
| Honeypot Finance | Honeypot Finance is a community-run DeFi hub that includes a novel AMM approach to unify a community-led launchpad (Dreampad) and DEX (HenloDex). |  | Venture - Series Unknown | Oct 18, 2025 |  |
| Coop Records | Coop Records investing in next generation of music enabled by Web3. | $4.5M | Seed | Sep 23, 2025 |  |
| Coral Finance | Coral Finance is a decentralized marketplace for trading premium derivatives that offers dependable, long-term liquidity solutions. | $3M | Seed | Mar 03, 2025 |  |
| GamerBoom | GamerBoom is an artificial intelligence-driven protocol for gaming data analytics, developed on the Solana blockchain. | $9M | Venture - Series Unknown | Feb 12, 2025 |  |
| Fraction AI | Fraction AI is the best human-generated data for training your AI models. | $6M | Pre-Seed | Dec 18, 2024 |  |
| Isle Finance | Isle Finance operates an online financial technology platform designed for supply chain finance that solves the liquidity problem with DeFi. |  | Pre-Seed | Dec 01, 2024 |  |
| Embed | mbd is a Web3 social platform developer specializds in the research and development of machine learning recommendation systems as well as on-chain data pre-training, with the goal of providing dynamic, relevant material and activities to each user. | $3M | Pre-Seed | Nov 11, 2024 |  |
| ❜embed | ❜embed is an IT company that develops personalized APIs wallets, agents, and social apps. | $3M | Pre-Seed | Nov 02, 2024 |  |

10 of 120 investments shown.

## Co-investors
- [Formless Capital](https://shizune.co/investors/profile/formless-capital) — VC Fund, 23 deals together
- [Hash Global](https://shizune.co/investors/profile/hash-global) — VC Fund, 19 deals together
- [SevenX Ventures](https://shizune.co/investors/profile/sevenx-ventures) — VC Fund, 13 deals together
- [Hashkey Exchange](https://shizune.co/investors/profile/hashkey) — VC Fund, 12 deals together
- [Youbi Capital](https://shizune.co/investors/profile/youbi-capital) — VC Fund, 12 deals together
- [OKX Ventures](https://shizune.co/investors/profile/block-dream-fund) — VC Fund, 11 deals together

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## FAQ

### What does Mask Network invest in?

Mask Network invests primarily in Blockchain, Cryptocurrency and Web3 startups, most often at Seed and Pre-Seed stage. Most of the 120 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 Mask Network's check size?

Mask Network typically joins rounds of $1.4M–$9M at Seed, $900k–$4M at Pre-Seed and $10M–$25M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Mask Network participates in.

### How do I contact Mask Network?

Public channels for Mask Network include LinkedIn, X (Twitter) and 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 Mask Network?

The team at Mask Network includes Suji Yan (Founder and CEO) and Cecilia Li (Ecosystem and Investment Partner). 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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