Inception Capital

inception.capital

Medium

Overview

Details

Inception Capital is an early-stage Web3 venture capital firm guiding founders from east and west. Inception Capital seeks to leverage its world-class team, global investment reach and experience, and industry-leading deal flow to generate superior returns for its partners.

Category:

Crypto-Native Fund

Founded: 2021

Location: Chinese Mainland, United States

Formerly: OP Crypto

Team

David Gan

Founder & General Partner

Lucas He

Venture Partner

John Fan

Investment Partner

Felix Ke

Head of Secondaries

Calvin Du

Head of Platform

Huy Vu

Platform Director

Daisy W.

Director of Operations

Investment Map

Investment Size

Investments

Sonic

Layer-1 platform

Masa

zk-data marketplace and network

Avalanche

Decentralized blockchain

Everclear

A clearing layer for intent-based bridge

Puffer Finance

Anti-Slashing Liquid Staking

FLock

Web3 Data Privacy solution for Artificial Intelligence

MegaETH

Ultra high-performance real-time EVM L2

Nillion

Decentralized public network

Celestia

Modular blockchain network

Particle Network

Chain abstract infrastructure provider

Azuro

Liquidity layer for predictions and games

Nyan Heroes

Third-person shooter game

Elixir

Modular DPoS Network

Spectral

Machine Intelligence Network

Beam

Sovereign network focused on gaming

deBridge

Interoperability layer for Web3

Yield.xyz

Web3 Yield Infrastructure

Talus

AI blockchain platform

UniSat

Chrome Extension for Bitcoin Ordinals & brc-20

MyShell

Decentralized AI consumer layer

Term Finance

Fixed rate lending on-chain at scale

MultiVM

Layer2 for multi-language smart contract

Natix Network

Decentralised network of cameras

Theoriq

Modular and composable AI Agent Base Layer

Merlin Chain

Bitcoin Layer 2

Mirror World

All-in-one application development platform

Surf Protocol

Decentralized derivative trading protocol

Astra Protocol

Decentralized compliance layer for the web3 economy

Stardust

Game developers platform

Endgame

NFT rental protocol

Fluence

Web3 native computing platform

Everyrealm

Gateway to the metaverse real estate

Matrix One

Decentralized AI Character Protocol

Aurory

Free-to-play, tactical, turn-based RPG

Camp Network

Autonomous IP Layer 1 Blockchain

Cytonic

MultiVM L1 blockchain

Skyfire

Financial stack for the AI economy

Sofamon

Cultural platform for crypto natives

Elixir Games

Web3 game launcher

Lumino

Decentralized compute protocol

Fair Math

Fully Homomorphic Encryption technology developer

Nest Wallet

Multi-chain wallet built for traders

Fyde

On-chain treasury management solution

Virtual Labs

Zero Knowledge Infrastructure

HypeLab

Web3 ad network

Sleepagotchi

Sleep-to-Earn app

Supermojo

NFT financing and and collateralized lending platform

Decent

Web3 Accelerator and Risk Studio

Scroll

A native zkEVM Layer 2 Solution for Ethereum

Deepwaters

A system of decentralized finance (DeFi) applications

nftperp

Perpetual futures exchange for NFTs

MonoX

Capital-efficient DeFi service provider

Ethos

A SuI-based wallet

SnackClub

Helping Gamers in Developing Countries Realize Blockchain Gaming’s Potential

Pylons

Flagship NFTs engine for the Cosmos ecosystem

onaji

Web3 intelligence system

Parcel

Tool Suite for DAO

Name	Round	Amount	Valuation	Date
Skyfire	Seed	$ 8.5 M	--	Aug 21, 2024
Term FinanceTERM	Strategic	$ 5.5 M	--	Jul 09, 2024
onaji	Pre-Seed	$ 2.5 M	--	Jul 03, 2024

Investment Overview

Rounds in the past year

3

Total rounds

42

Portfolio Numbers

57

Lead Investment

3

Significant Events

Jan 16, 2024

OP Crypto Rebranded as Inception Capital

Apr 07, 2023

OP Crypto Fund of Funds (FoF) raises $28 million

Mar 08, 2022

OP Crypto announced the closing of $50 million for OP Ventures Fund I

Cooperations

Maven 11

6 Rounds

OKX Ventures

6 Rounds

LongHash Ventures

5 Rounds

Big Brain Holdings

5 Rounds

Waterdrip Capital

5 Rounds

Red Beard Ventures

4 Rounds