Binance

Total investments

28

Average round size

3M

Portfolio companies

27

Rounds per year

7.00

Lead investments

9

Follow on index

0.04

Exits

1

Stages of investment
Seed
Areas of investment
InternetSoftwareFinancial ServicesFinTechInformation TechnologyInformation ServicesSecurityCryptocurrencyBlockchainPrivacy

Summary

Binance Labs is the famous VC, which was founded in 2017. The fund was located in Europe if to be more exact in Malta. The leading representative office of defined VC is situated in the Valletta.

The important activity for fund was in 2019. The fund is generally included in 2-6 deals every year. The average startup value when the investment from Binance Labs is 10-50 millions dollars. Speaking about the real fund results, this VC is 44 percentage points more often commits exit comparing to other organizations. The usual things for fund are deals in the range of 1 - 5 millions dollars.

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the Binance Labs, startups are often financed by NEO Global Capital (NGC), TRG Capital (Token Research Group), Service Provider Capital. The meaningful sponsors for the fund in investment in the same round are NEO Global Capital (NGC), Republic Labs, Fenbushi Capital. In the next rounds fund is usually obtained by Tribe Accelerator, TRG Capital (Token Research Group), Republic Labs.

For fund there is no match between the country of its foundation and the country of its the most frequent investments - Singapore. The fund has specific favorite in a number of founders of portfolio startups. Among the most popular portfolio startups of the fund, we may highlight Marlin Labs, CERE Network, Dapix. Among the most popular fund investment industries, there are Computer, Social Media. Moreover, a startup needs to be at the age of 1 and less years to get the investment from the fund.

The fund was created by Changpeng Zhao, Yi He. The overall number of key employees were 10.

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Investments analytics

Analytics

Total investments
28
Lead investments
9
Exits
1
Rounds per year
7.00
Follow on index
0.04
Investments by industry
  • Blockchain (20)
  • Information Technology (8)
  • Cryptocurrency (6)
  • Software (5)
  • Internet (5)
  • Show 26 more
Investments by region
  • Singapore (3)
  • South Korea (2)
  • United States (8)
  • Thailand (1)
  • Japan (2)
  • Show 8 more
Peak activity year
2019

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Quantitative data

Avg. startup age at the time of investment
2
Avg. valuation at time of investment
9M
Group Appearance index
0.68
Avg. company exit year
2

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Latest deals

Company name Deal date Industry Deal stage Deal size Location
EPNS 29 Mar 2021 Seed 660K
MathWallet 17 Dec 2020 Cryptocurrency, Blockchain Early Stage Venture 12M Singapore, Central
Prim6 21 Sep 2021 FinTech, Machine Learning, SaaS, Big Data, Property Management, Blockchain, Commercial Real Estate Seed 40K United States, Indianapolis, Indiana

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Later, our team of analysts takes it further with manual verification, using proprietary tools for data cleaning and validation to ensure accuracy and reliability. We cross-check and enhance our findings through press and media monitoring, integrating information from trusted news outlets and venture capital aggregators. Finally, we stay ahead of the curve by monitoring social networks like LinkedIn and X.com.