# DWF Labs

> DWF Labs is a VC fund in Singapore backing Blockchain and Cryptocurrency. See 134 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Singapore, Singapore
- Total investments: 134
- Last investment: Feb 2026
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/82082012/admin/
- X (Twitter): https://twitter.com/dwflabs
- Website: https://www.dwf-labs.com

DWF Labs is a VC fund in Singapore focused on Blockchain and Cryptocurrency. DWF Labs is the new generation Web3 investor and market maker, one of the world's largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.

## Contacts

5 contacts available for DWF Labs. Shizune tracks 14 team members at DWF Labs. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/dwf-labs?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.2M–$8M |
| Pre-Seed | $2M–$5M |
| Venture - Series Unknown | $5M–$40M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 52 | 39% |
| Cryptocurrency | 35 | 26% |
| Web3 | 17 | 13% |
| Information Technology | 16 | 12% |
| Software | 15 | 11% |

73 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 50 | 37% |
| Venture - Series Unknown | 26 | 19% |
| Pre-Seed | 22 | 16% |
| Initial Coin Offering | 11 | 8% |
| Series A | 9 | 7% |

10 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 20 | 15% |
| Singapore | 10 | 7% |
| United Kingdom | 8 | 6% |
| Spain | 4 | 3% |
| Australia | 3 | 2% |

25 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alessia Baumgartner | Business Development Manager MENA and Investment Analyst | 0 | https://shizune.co/investors/profile/alessia-baumgartner |
| Andrei Grachev | Managing Partner | 18 | https://shizune.co/investors/profile/andrei-grachev |
| Angus Chung | Korea Representative | 0 | https://shizune.co/investors/profile/angus-chung-46bd |
| Eugene Ng | Partner | 1 | https://shizune.co/investors/profile/eugene-ng-68a8 |
| Harvey Kim | Head of Korea | 0 | https://shizune.co/investors/profile/harvey-kim |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Superset | Superset operates as a uniform execution layer for stablecoins within the DeFi ecosystem | $4M | Seed | Feb 11, 2026 |  |
| ZenChain | ZenChain is a Layer-1 blockchain focused on secure, EVM-compatible smart contracts and cross-chain interoperability. | $8.5M | Venture - Series Unknown | Jan 06, 2026 |  |
| Depinsim | DepinSim is a blockchain-based eSIM platform that lets users access global mobile data and earn rewards. | $8M | Seed | Oct 24, 2025 |  |
| Block Street | Blockstreet is a multichain platform driving USD1 stablecoin adoption, smart contract deployment, and cross-chain DeFi growth tools. | $11.5M | Venture - Series Unknown | Oct 08, 2025 |  |
| Flying Tulip | Flying Tulip introduces a new capital allocation mechanism and tokenomics designed for capital preservation and sustainable value creation through yield-funded buybacks and long-term protocol growth. | $200M | Seed | Sep 29, 2025 |  |
| Sonic | Sonic's objective is to enhance the existing Solana Gaming Ecosystem to handle millions of requests per second per game and redirect them back to Solana L1. |  | Venture - Series Unknown | Sep 16, 2025 |  |
| Rice AI | Rice AI is a decentralized AI smart-contract protocol designed to provide autonomous training and incentive mechanisms for robots. |  | Series A | Aug 15, 2025 |  |
| Velvet Capital | Velvet Capital is a DeFi operating system that helps launch and manage on-chain funds and structured products. Velvet Capital offers its users a way to gain exposure to digital assets. |  | Seed | Jul 09, 2025 |  |
| OlaXBT | OlaXBT is an AI-driven market intelligence agent designed to identify high-value trading signals, uncover emerging alphas, and analyze key opinion leader (KOL) sentiment in real time. Leveraging advanced data analytics and machine learning, OlaXBT continuously monitors market movements, providing timely insights that enhance decision-making fortraders and investors. Unlike traditional analytics tools, OlaXBT delivers intelligence with a narrative—transforming raw data into actionable insights with clarity and precision. | $3.4M | Seed | Jul 06, 2025 |  |
| Zypher Network | Zypher Network is a decentralized Trust infrastructure provider designed to support autonomous AI agents by enabling secure, verifiable, and trustless interactions across distributed systems. | $7M | Venture - Series Unknown | Jul 04, 2025 |  |

10 of 134 investments shown.

## Co-investors
- [Cypher Capital](https://shizune.co/investors/profile/cypher-capital-e62f) — VC Fund, 6 deals together
- [KuCoin](https://shizune.co/investors/profile/kucoin) — VC Fund, 6 deals together
- [Animoca Brands](https://shizune.co/investors/profile/animoca-brands-corporation) — VC Fund, 5 deals together
- [Cogitent Ventures](https://shizune.co/investors/profile/cogitent-ventures) — VC Fund, 5 deals together
- [Gate](https://shizune.co/investors/profile/gate) — VC Fund, 5 deals together
- [Gate](https://shizune.co/investors/profile/gate-io) — VC Fund, 5 deals together

## Similar investors

### Similar industry
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund
- [Animoca Brands](https://shizune.co/investors/profile/animoca-brands-corporation) — VC Fund
- [Digital Currency Group](https://shizune.co/investors/profile/digital-currency-group) — VC Fund

### 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

### Similar country
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Artesian VC](https://shizune.co/investors/profile/artesian-capital-management) — VC Fund
- [Blackbird Ventures](https://shizune.co/investors/profile/blackbird-ventures-australia) — VC Fund

## Featured in investor lists
- [Web3 Investors in Europe](https://shizune.co/investors/web3-investors-europe)
- [Web3 VC Funds in Europe](https://shizune.co/investors/web3-vc-funds-europe)
- [Blockchain Investors in Europe](https://shizune.co/investors/blockchain-investors-europe)
- [Blockchain VC Funds in Europe](https://shizune.co/investors/blockchain-vc-funds-europe)
- [Cryptocurrency VC Funds in Europe](https://shizune.co/investors/cryptocurrency-vc-funds-europe)
- [Blockchain Investors in Asia](https://shizune.co/investors/blockchain-investors-asia)

## FAQ

### What does DWF Labs invest in?

DWF Labs invests primarily in Blockchain, Cryptocurrency and Web3 startups, most often at Seed and Venture - Series Unknown stage. Most of the 134 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 DWF Labs's check size?

DWF Labs typically joins rounds of $1.2M–$8M at Seed, $2M–$5M at Pre-Seed and $5M–$40M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds DWF Labs participates in.

### How do I contact DWF Labs?

Public channels for DWF Labs 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 DWF Labs?

The team at DWF Labs includes Alessia Baumgartner (Business Development Manager MENA and Investment Analyst), Andrei Grachev (Managing Partner) and Angus Chung (Korea Representative), among 14 team members tracked by Shizune. 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co
