Fenbushi Capital
Status
ACTIVE
Global HQ
Shanghai, China
Countries of investment
- China
- Hong Kong
- Singapore
- United States
- United Kingdom
- Switzerland
- Cayman Islands
Investment stages
- Seed
- Series A
- Series B
- Series C
Industries
- Crypto
- Blockchain
- DeFi
- Web3
- Infrastructure
- Layer 1 Protocols
- Chinese Ecosystem
About
Fenbushi Capital is a Shanghai-based blockchain VC. Their focus spans crypto, DeFi, infrastructure, Layer 1 protocols, and Chinese ecosystem across China, Hong Kong, Singapore, the United States, United Kingdom, Switzerland, and Cayman Islands. The firm supports crypto-native founders from Seed through Series C.
Fenbushi Capital is a Shanghai-based blockchain VC. Their focus spans crypto, DeFi, infrastructure, Layer 1 protocols, and Chinese ecosystem across China, Hong Kong, Singapore, the United States, United Kingdom, Switzerland, and Cayman Islands. The firm supports crypto-native founders from Seed through Series C.
Investment Thesis
Fenbushi Capital is a multi-stage venture capital firm deploying capital across crypto, blockchain, DeFi, Web3, infrastructure, Layer 1 protocols, and Chinese ecosystem sectors. They invest as one of the oldest and most respected Asia-focused crypto VCs with deep Chinese ecosystem expertise. The firm differentiates itself through its 2015 founding date as one of Asia's oldest blockchain VCs, Vitalik Buterin's involvement as General Partner, Shanghai positioning with deep Chinese ecosystem relationships, and multi-stage capital deployment.
Manager's Experience
Bo Shen (Co-Founder & Managing Partner) co-founded Fenbushi Capital in 2015 as one of Asia's earliest blockchain VCs; he brings deep Chinese crypto ecosystem expertise and relationships across the country's leading crypto founders and developers. Vitalik Buterin (General Partner) is the founder of Ethereum and brings unparalleled crypto-native technical credibility to the firm. The firm has built Shanghai positioning with deep Chinese ecosystem relationships and multi-stage capital deployment across crypto, DeFi, and Layer 1 protocols.
Team
Bo Shen - Co-Founder & Managing Partner
Vitalik Buterin - General Partner
Remington Ong - Partner
Wenjia Wang - Partner
Portfolio
Circle
Coinflow
Coda
Conflux Network
Cosmos
dYdX
Ethereum
Filecoin
Helium
ImToken
Industry Ventures
Maker
Matrix AI
Mysten Labs
Near Protocol
Nervos Network
Polkadot
Quantstamp
Snowflake
Solana
Status
Sui
Tendermint
The Graph
Worldcoin