Fenbushi Capital has 13 portfolio companies on record at Recent Funding, with 2 investments in the last 12 months.

About this page

It is a venture capital firm based in Shanghai, CN, founded in 2015. Its most recent investment on record is Canopy Network's Seed round in June 2026, alongside Borderless Capital, SNZ Holding and Arrington Capital. By category, its portfolio leans toward Crypto x AI (2) and Gaming (2). It has co-invested with CoinFund, Coinbase Ventures and SNZ Holding, most often CoinFund (3 rounds).

About Fenbushi Capital

What Fenbushi Capital invests in

• Crypto x AI · 2 · 15%
• Gaming · 2 · 15%
• Cybersecurity · 1 · 8%
• Stablecoins · 1 · 8%
• Crypto payments · 1 · 8%
• Crypto security · 1 · 8%
• Media and content · 1 · 8%
• Prediction markets · 1 · 8%

Fenbushi Capital recent investments

Company	Round	Date	Alongside
CCanopy Network	Seed	Jun 25, 2026	Borderless Capital, SNZ Holding, Arrington Capital
TTenbin Labs	Seed	Jan 27, 2026	Guy Young, GSR Markets, FalconX +11
IIrreducible	Series A · $24M	Jan 31, 2025	Anna Rose, L2 Iterative Venture, Robot Ventures +3
RReown	Series B+ · $13M	Jan 15, 2025	WAGMI Ventures, Shopify Ventures, Kiln +6
NNotabene	Series A · $10.2M	Nov 1, 2021	Illuminate Financial, BlockFi, Castle Island Ventures +7
FFuel Labs	Seed · $1.5M	Sep 21, 2021	Origin Capital, CoinFund (lead)
MMoonbeam	round · $6M	Mar 30, 2021	HashKey Capital, IOSG Ventures, Divergence Ventures +10
MMessari	Seed · $4M	Nov 13, 2019	Balaji Srinivasan, Uncork Capital (lead), Danhua Capital +3

How Fenbushi Capital invests

Fenbushi Capital portfolio companies

• CCanopy NetworkSeed · Jun 2026
• TTenbin LabsSeed · Jan 2026
• IIrreducible$24MSeries A · Jan 2025
• RReown$13MSeries B+ · Jan 2025
• NNotabene$10.2MSeries A · Nov 2021
• FFuel Labs$1.5MSeed · Sep 2021
• MMoonbeam$6Mround · Mar 2021
• MMessari$4MSeed · Nov 2019
• MMythical Games$16MSeries A · Nov 2018
• CCoinListbacker
• AAzurobacker
• MMerkle Sciencebacker
• BBloqbacker

Most frequent co-investors

• CCoinFund3 shared rounds · last Sep 21, 2021
• CCoinbase Ventures2 shared rounds · last Mar 30, 2021
• SSNZ Holding1 shared round · last Jun 25, 2026
• AArrington Capital1 shared round · last Jun 25, 2026
• BBorderless Capital1 shared round · last Jun 25, 2026
• WWintermute1 shared round · last Jan 27, 2026
• BBankless1 shared round · last Jan 27, 2026
• VVariant1 shared round · last Jan 27, 2026
• NNascent1 shared round · last Jan 27, 2026
• GGSR Markets1 shared round · last Jan 27, 2026
• RReverie1 shared round · last Jan 27, 2026
• FFalconX1 shared round · last Jan 27, 2026

Similar investors

• KKaratage11 companies · 3 deals in 12 mo
• BBig Brain Holdings10 companies · 5 deals in 12 mo
• MMH Ventures7 companies · 3 deals in 12 mo
• YYZi Labs78 companies · 9 deals in 12 mo

Investors whose portfolios on Recent Funding center on the same category (Crypto x AI).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 9 rounds on Recent Funding that name Fenbushi Capital. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Fenbushi Capital, which is a subset of its real portfolio. API: /api/v1/investors/fenbushi-capital (get a free API key). More: the most active VC firms and new venture capital funds.