SevenX Ventures Research
Investment Thesis
SevenX Ventures is a research-driven crypto venture capital firm founded in 2020 by crypto veterans with an average of 5+ years of industry experience. The firm bridges different cultures and empowers blockchain's united future through deep research and relentless operational support. SevenX combines technical expertise with strategic mentorship to help Web3 projects succeed from inception to scale.
The fund invests across the full crypto ecosystem, with particular strength in infrastructure, DeFi, gaming, AI/ML integration, and Web3 social platforms. They are known for their research-first approach, publishing extensive theses on emerging trends like cross-border payments, stablecoin design, DePIN, modular blockchains, and intent-based architecture.
Investment Focus & Sectors
SevenX focuses on five primary investment areas:
Infrastructure & Protocol Layer:
- Layer 1 blockchains (Monad, NEAR Protocol, Artela Network)
- Layer 2 and rollup solutions (Scroll, AltLayer, Caldera)
- Data availability and storage (Avail, Arweave, ArDrive)
- Modular blockchain infrastructure (Sophon, Unique Network)
- Cross-chain solutions (Omnity Network, Swing)
DeFi & Financial Services:
- DEX aggregators and protocols (CoW Protocol, Zenlink)
- Derivatives and perpetuals trading (Vega Protocol, Panoptic, RabbitX)
- Lending and borrowing protocols (Rhea Finance, Shield Protocol)
- Staking and yield solutions (Renzo, StakeStone, Bifrost, PumpBTC)
- Liquidity infrastructure (Orderly Network, WOO Network, Integral)
- Stablecoin infrastructure (Perena)
Gaming & Entertainment:
- On-chain gaming studios (Curio, Civitas, L3E7, MetaCene, Space Nation, Age of Dino)
- GameFi and play-to-earn (Yield Guild Games, Matr1x, Block Lords, Nefta)
- Streaming and esports (Ignite Tournaments)
Web3 AI & Social:
- Decentralized AI infrastructure (MyShell, WORLD3, REVOX)
- Web3 social networks (Bluesky, Mask Network, Cyber, LifeForm, UXLINK)
- Content and identity solutions (d.id, Yup, RSS3, ChainFeeds)
Developer Tools & Middleware:
- Portfolio tracking and analytics (DeBank, Zerion, Footprint Analytics)
- Security infrastructure (GoPlus Security, Trusta Labs)
- Oracle solutions (RedStone, ORA)
- Wallet infrastructure (Bitget Wallet, Blocto, Particle Network)
Portfolio & Recent Activity
SevenX manages a portfolio of 149+ projects with 23 lead investments. Recent notable investments include:
2025 Activity:
- Magma Finance (Dec 2025) - Liquidity engine on Sui, $6M investment
- Gabby World (Nov 2024) - AIGC social metaverse, $2M investment, $20M valuation
- Perena (Dec 2024) - Stablecoin infrastructure, $3M pre-seed
Portfolio Highlights: Key portfolio companies across stages demonstrate the breadth of their investment thesis. Successful exits include Kakarot (EVM-compatible ZK-Rollup), Yup (Social Network for Curators), and PIXELYNX (Music metaverse). Active portfolio includes high-growth companies like NEAR Protocol, Monad, Bluesky, and io.net.
Stage Focus & Check Size
SevenX focuses on early-stage investments:
Stage Preferences:
- Pre-Seed: Supportive of first institutional checks
- Seed: Primary investment stage, $1M-$5M typical
- Series A: Selective follow-ons and lead rounds
Check Size:
- Minimum: $100,000 (emerging investment thesis)
- Target: $1M-$3M (seed stage)
- Maximum: $6M-$100M+ (platform investments and follow-ons)
Decision Process & Investment Approach
Decision Timeline: 2-6 weeks typical, faster for well-prepared teams
Investment Committee: Partnership model - Jon Liu, Eraser Li, and FC make key decisions with input from investing partners (Grace Deng, Rui Shang, Luke, and others)
Lead Tendency: Mixed portfolio approach
- Lead rounds on identified thesis plays
- Co-lead with trusted partners (HashKey Capital, OKX Ventures, Puzzle Ventures, NGC Ventures)
- Follow rounds with strong thesis alignment
Warm Intro Requirement: Preferred but not required. Strong product-market fit and technical merit can overcome lack of warm introduction.
Typical Involvement: Board observation and active advisor role. SevenX provides ongoing support beyond capital through:
- Research and market analysis
- Tokenomic design consultation
- Fundraising guidance and investor introductions
- Marketing and community building support
- Resource integration within portfolio
Fund Information
Founded: 2020
Assets Under Management: $300M+ across multiple funds
- Fund I: $30M (raised Dec 2021)
- Fund II: $100M (raised Sep 2022)
- Additional capital raised through partnerships and follow-on vehicles
Headquarters: Singapore (primary office) Regional Presence: Shanghai (China), Palo Alto (United States), Singapore Global Focus: Investments across US, Europe, Asia with emphasis on emerging Web3 hubs
Team Composition
Founding Partners (3):
- Jon Liu - Crypto-native investor, DMs open on Twitter (@jonbit3)
- Eraser (Rongbin Li) - Founding partner, @losteraser
- FC - Founding partner, @FC_0X0
Investment Team:
- Louis Song - Managing Partner,@Louissongyz (Singapore-based)
- Grace Deng - Investor, @gracedengx
- Rui Shang - Research investor
- Luke - Investor
- Yeung Lavenjer - Investment Director
- Minta - Investor
Operations: PR director Iris and supporting team
Total team size: ~13 members with strong technical and business development backgrounds.
Research & Thought Leadership
SevenX publishes extensive research on Mirror.xyz covering emerging trends:
Recent Research Focus:
- Cross-border payments and stablecoin infrastructure
- DePIN (Decentralized Physical Infrastructure Networks) - critical analysis
- Modular blockchain architecture
- Intent-based design and UX improvements
- Smart contract account standards and multi-rollup compatibility
- MEV, flashbots, and orderflow design
- ZK proofs and privacy-preserving infrastructure
The firm runs community events including Research Day (infrastructure focus), New Trends Summit (Sep 2023 in Singapore), and hackathons (Intent-Based Nitro Hackathon, Fully On-Chain Gaming Hackathon).
Founder & Team Preferences
Ideal Founders:
- Technical, research-driven teams with shipped products
- Experienced founders from top crypto protocols or DeFi platforms
- Teams solving infrastructure or user experience problems in Web3
- Founders building for builders (developer tools, infrastructure)
Anti-thesis:
- Pure consumer speculation plays
- Saturated market segments without unique differentiation
- Teams without technical credibility in their domain
Investment Strategy & Future Direction
SevenX is actively deploying capital with focus on:
- Infrastructure resilience - building the next generation of blockchain scalability
- User experience - making crypto accessible to mainstream users
- AI integration - combining AI with blockchain for new capabilities
- Capital efficiency - DeFi solutions for better capital deployment
- Gaming innovation - on-chain and fully decentralized gaming
The firm maintains a 50%+ reserve for follow-on investments, indicating confidence in their portfolio and ability to scale winners to subsequent rounds.
Co-Investors
Regular co-investors in SevenX rounds include:
- HashKey Capital (32 joint rounds)
- OKX Ventures (23 joint rounds)
- Puzzle Ventures (18 joint rounds)
- NGC Ventures (17 joint rounds)
- Foresight Ventures (17 joint rounds)
- D1 Ventures (16 joint rounds)
- LBank Labs
Performance & Track Record
Notable Exits:
- Kakarot - EVM-compatible ZK-Rollup (acquired)
- Yup - Social Network for Curators (acquired)
- PIXELYNX - Music metaverse platform (acquired)
High-Growth Portfolio:
- NEAR Protocol - Layer 1 blockchain
- Monad - High-performance L1
- Bluesky - Decentralized social network
- io.net - Decentralized compute
- MyShell - Decentralized AI
Market Presence:
- 35.59K Twitter followers (as of Feb 2025)
- Active research publication schedule
- Regular conference and hackathon participation