Master Ventures

ActiveVenture Capital

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Updated: Jan 22, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Sep 1, 2024	Mind Network	$10.0M Seed	—	Accelr8, Alumni Ventures, Better Capital, Majinx Capital, Master Ventures Investment Management, Ben Huh, Orion Willow Parrott, Shaan's All Access Fund, SRB Ventures, Trajectory Ventures, Tribe Capital, Balaji Srinivasan, Joi Ito
Jun 1, 2024	Nium	$50.0M Series E	—	Accelr8, Alumni Ventures, Better Capital, Majinx Capital, Master Ventures Investment Management, Ben Huh, Orion Willow Parrott, Shaan's All Access Fund, SRB Ventures, Trajectory Ventures, Tribe Capital, Balaji Srinivasan, Joi Ito
Mar 1, 2024	Clique	$8.0M Series A	—	Accelr8, Alumni Ventures, Andreessen Horowitz, Better Capital, Ali Tamaseb, Hack VC, Majinx Capital, Master Ventures Investment Management, Ben Huh, Orion Willow Parrott, ParaFi Capital, Polygon, Reciprocal Ventures, Red Beard Ventures, Shaan's All Access Fund, SRB Ventures, Trajectory Ventures, Tribe Capital, Joi Ito
Feb 1, 2024	Analog	$16.0M Seed	—	Accelr8, Alumni Ventures, Andreessen Horowitz, Better Capital, Greylock, Index Ventures, Majinx Capital, Master Ventures Investment Management, Ben Huh, Orion Willow Parrott, Orange Fund (Orange DAO), Paradigm, Shaan's All Access Fund, Spark Capital, SRB Ventures, Stellar Capital, Stellation Capital, Trajectory Ventures, Tribe Capital, Balaji Srinivasan, Joi Ito, Peter Sonsini, Vipul Ved Prakash
Nov 1, 2022	Yakoa	$5.0M Seed	—	Accelr8, Alumni Ventures, Amadeus Capital Partners, Andreessen Horowitz, Awesome People Ventures, Better Capital, Cambridge Innovation Capital, Chaotic Capital, CoinFund, Collab+Currency, Conversion Capital, Digital Currency Group, FAST — by GETTYLAB, Aniq Kassam, Flori Ventures, Infinity Ventures Crypto, Majinx Capital, Master Ventures Investment Management, Morgan Creek Capital Management, Octopus Ventures, Ben Huh, Orion Willow Parrott, Orange Fund (Orange DAO), Pantera Capital, Pareto Holdings, Placeholder, Race Capital, Shaan's All Access Fund, Softbank Latin America Fund, SRB Ventures, Sunset Ventures, Trajectory Ventures, Tribe Capital, Volt Capital, Y Combinator, Balaji Srinivasan, Chris Kurdziel, David Rutter, Dylan Field, Imran Khan, Joi Ito
Jun 1, 2022	Mekr	$730K Seed	—	Accelr8, Alumni Ventures, Better Capital, Majinx Capital, Master Ventures Investment Management, Ben Huh, Orion Willow Parrott, Shaan's All Access Fund, SRB Ventures, Trajectory Ventures, Tribe Capital, Balaji Srinivasan, Joi Ito
Feb 1, 2022	Wander	$20.0M Series A	—	Kevin Hartz, Accelr8, Adapt Ventures, Alt Capital, Alumni Ventures, at.inc/, Authentic Ventures, Bain Capital, Better Capital, BoxGroup, Browder Capital, Caffeinated Capital, Capital Factory, CapitalX, Exponent Founders Capital, Fifth Wall, Foundation Capital, Founders Fund, FTX Ventures, General Catalyst, Global Founders Capital, Infinite Niches, Kepler Operator’s Fund, Khosla Ventures, Majinx Capital, Master Ventures Investment Management, Meritech Capital Partners, Mischief Venture Capital, NextView Ventures, Not Boring Capital, Offline Ventures, Ben Huh, Orion Willow Parrott, Otherwise Fund, Paradox Capital, Pareto Holdings, Predictive VC, Quiet Capital, Redpoint Ventures, Saga, SciFi VC, Shaan's All Access Fund, Siddhi Capital, Soma Capital, SRB Ventures, Summit Partners, TCV, The Hit Forge, Thirty Five Ventures, Trajectory Ventures, Tribe Capital, Uncork Capital, Adam Guild, Balaji Srinivasan, Christina Cacioppo, Cory Levy, Dharmesh Shah, Dylan Field, Eric Wu, Fidji Simo, Immad Akhund, Jason Lemkin, Jeremy Cai, Joi Ito, Jonathan Neman, Joshua Reeves, Julian Shapiro, Justin Mateen, Karim Atiyeh, Kat Cole, Mario Gabriele, Max Mullen, Musaab Hakami, Nik Sharma, Parker Conrad, Priyank Chandra, Quinn Slack, Rich Miner, Scott Belsky, Scot Wingo, Sean Rad, Siqi Chen, Tony Xu, Venus Williams, William Hockey
Jan 1, 2022	Fathom	$5.0M Seed	—	10100, 1/1 Capital, 6th Man Ventures, Accelr8, Adjacent, Afore Capital, Alchemy Ventures, Alkeon Capital, Alpine Ventures, Alumni Ventures, American Express Ventures, Andreessen Horowitz, Array Ventures, Bessemer Venture Partners, Better Capital, Blu Venture Investors, BoxOne Ventures, Buckley Ventures, Chemistry VC, Cornerstone VC, Coughdrop Capital, Dale Venture, Matt Ocko, DCVC (Data Collective), Earl Grey Capital, East West Ventures EWV, Elevate Ventures, Embedded Ventures, Endeavor8, Endeavor Venture Funds, Aniq Kassam, Firework Ventures, FirstHand Alliance, Flexsteel Industries Inc., Foundation Capital, Fuel Capital, Galaxy Digital, Goat Capital, Golan Ventures, GSF Accelerator, GSV Acceleration, GSV Ventures, Heretic Ventures, High Alpha, Hyde Park Venture Partners, Ignition Partners, Index Ventures, Industrious Ventures, Kohala Ventures, LAUNCH, LGF, Lightspeed Venture Partners, Lobby Capital, Lockheed Martin Ventures, Majinx Capital, Mantis VC, Master Ventures Investment Management, Maven Ventures, MS&AD Ventures, Ben Huh, Orion Willow Parrott, Paradigm, Pario Ventures, Pear VC, Polychain Capital, Portage Ventures, Precursor Ventures, Preface Ventures, Primetime Partners, Race Capital, Recursive Ventures, Ride Home Fund, Runa Capital, Scale Asia Ventures, Shaan's All Access Fund, SNR, Spark Capital, Sprout Social, Inc., SRB Ventures, Summit Partners, SuperSeed, TM3 Capital, Todd and Rahul's Angel Fund, Trajectory Ventures, Tribe Capital, True Ventures, Vitalize Venture Group, Y Combinator, Zero Capital, Aaron King, Aaron Rankin (Sprout Social), Aaron Rosenson, Adam Michalski, Andrew Steinwold, Ashish Toshniwal, Balaji Srinivasan, Bill Tai, Charlie Songhurst, Chris Fanini, Daniel Kan, Dharmesh Shah, Elad Kushnir, Elizabeth Iorns, Emmett Shear, Henry Davis, Immad Akhund, James Beshara, Jason Hunt, Jay Jamison, Joi Ito, Kunal Shah, Kyle Vogt, Mark Pincus, Mikhail Seregine, Narendra Rocherolle, Odell Beckham Jr., Oleg Rogynskyy, Ran Makavy, Rayn Ong, Rick Morrison, Rob May, Ted Serbinski, Tim Seears, Tom Williams, Vikas Gupta, Viral Bajaria, Vishal Rao
Jan 1, 2022	Nium	$3.0M Series D	—	Accelr8, Alumni Ventures, Better Capital, Majinx Capital, Master Ventures Investment Management, Ben Huh, Orion Willow Parrott, Shaan's All Access Fund, SRB Ventures, Trajectory Ventures, Tribe Capital, Balaji Srinivasan, Joi Ito
Jul 1, 2021	Nium	$200.0M Series D	—	Accelr8, Alumni Ventures, Better Capital, Flexcap, Majinx Capital, Master Ventures Investment Management, Ben Huh, Orion Willow Parrott, Shaan's All Access Fund, SNR, SRB Ventures, Trajectory Ventures, Tribe Capital, Balaji Srinivasan, Joi Ito
Apr 1, 2018	Vanta	$3.0M Seed	—	Adverb Ventures, Alate Partners, #ANGELS (Hashtag ANGELS), Blockchain Capital, Brewer Lane Ventures, C2 Investment, Coatue, Collaborative Seed & Growth Partners, Craft Ventures, CRV, Delta Blockchain Fund, DNX Ventures, Drummond Road Capital, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Goat Capital, Goldcrest Capital, Greycroft, Highbury Group, Hoxton Ventures, Index Ventures, KKR, LGF, LombardStreet Ventures, M13, MATH Venture Partners, New Stack Ventures, Otherwise Fund, Relay Ventures, Sequoia Capital, Sherpalo Ventures, Shine Capital, Spark Capital, The Hit Forge, Third Kind Ventures, Tusk Venture Partners, Visionaire Ventures, Christian Reber, Elad Gil, Ellen Pao, Hiro Tamura, J.D. Fagan, Matt Macinnis, Mike Vernal, Ning Sung, Scott Belsky, Steve Salis, Theresa Johnson, Thibaud Elziere, Travis Vanderzanden, Accelr8, Alumni Ventures, Balaji Srinivasan, Ben Huh, Better Capital, Joi Ito, Majinx Capital, Master Ventures Investment Management, Orion Willow Parrott, Shaan's All Access Fund, SRB Ventures, Trajectory Ventures, Tribe Capital

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Master Ventures.

Head of Business Intelligence

Leadership Team

Key people at Master Ventures.

Head of Business Intelligence

Deep Dive

Master Ventures is a blockchain-focused venture studio and investment firm dedicated to building and scaling transformative Web3 companies. Founded around 2012–2013 and based in Hong Kong, it combines visionary ideas, exceptional talent, and capital to invest in and co-create early-stage blockchain startups. Its mission centers on radically transforming how people live and work by leveraging Web3 technologies, supporting over 250 projects with approximately $1 billion in assets under management. Master Ventures operates through a thesis-driven approach, providing both financial and human capital to portfolio companies, focusing on infrastructure and innovative blockchain applications that drive adoption and ecosystem growth[1][2][3][4].

Origin Story

Master Ventures was founded in 2012 (or 2013, with some sources noting slight variation) by key partners including CEO Kyle Chasse, Managing Partner Dane Hoy, and COO Marta Vitvitska. The firm evolved from a pure investment fund into a venture studio model, emphasizing active collaboration with founders and startups worldwide. This evolution reflects a shift from solely funding projects to co-creating and scaling blockchain ventures through MV Labs, their venture-building arm. Early traction came from successfully nurturing a broad portfolio of Web3 projects, positioning Master Ventures as a key player in the blockchain ecosystem[1][2][3][4].

Core Differentiators

Venture Studio Model: Unlike traditional funds, Master Ventures co-creates companies alongside founders, acting as a strategic partner and sometimes a co-founder.
Thesis-Driven Investing: Focused on blockchain infrastructure and Web3 innovation, they invest in projects aligned with their vision of transforming business and society.
Comprehensive Support: Provides both financial capital and operational/human capital support, including strategic guidance and network access.
Robust Network: Leverages extensive industry connections to accelerate growth and adoption for portfolio companies.
Track Record: Over 250 projects supported, managing close to $1 billion in assets, demonstrating significant scale and experience in the Web3 space[1][2][3][4].

Role in the Broader Tech Landscape

Master Ventures rides the wave of the blockchain and Web3 revolution, capitalizing on the growing demand for decentralized infrastructure and applications. The timing is critical as blockchain technology moves from speculative use cases to practical, scalable solutions impacting finance, governance, and digital identity. Market forces such as increasing institutional interest, regulatory clarity, and technological maturation favor their investment thesis. By building foundational infrastructure companies and supporting innovative startups, Master Ventures helps shape the future decentralized economy and accelerates blockchain adoption globally[1][4].

Quick Take & Future Outlook

Looking ahead, Master Ventures is poised to deepen its role as a venture studio that not only funds but actively builds the next generation of blockchain infrastructure and applications. Trends like Layer 1 scalability, privacy-enhancing technologies, DeFi ecosystems, and cross-chain interoperability will likely shape their portfolio focus. Their influence may grow as they continue to integrate financial and operational support, helping startups navigate complex market dynamics and regulatory environments. This positions Master Ventures as a pivotal enabler in the transition toward a decentralized digital economy, reinforcing their founding vision of radically transforming how we live and work through Web3[1][2][4][6].

Sources

Origin Story

Core Differentiators

Venture Studio Model: Unlike traditional funds, Master Ventures co-creates companies alongside founders, acting as a strategic partner and sometimes a co-founder.
Thesis-Driven Investing: Focused on blockchain infrastructure and Web3 innovation, they invest in projects aligned with their vision of transforming business and society.
Comprehensive Support: Provides both financial capital and operational/human capital support, including strategic guidance and network access.
Robust Network: Leverages extensive industry connections to accelerate growth and adoption for portfolio companies.
Track Record: Over 250 projects supported, managing close to $1 billion in assets, demonstrating significant scale and experience in the Web3 space[1][2][3][4].