Our Story
978 Capital is a Venture Capital Firm founded by a team from Hong Kong, Singapore and Australia. 978 Capital was born from a vision to help build the next generation of AI, Fintech and Web3 applications.
The name "978" reflects the sum of the area codes +852 Hong Kong, +65 Singapore, +61 Australia.
With a combined 40 years in investments and professional services, we partner with innovators in this space, investing in the best teams and products.
Amount Raised: $15M
Our 978 Innovation Fund No.1 has raised a total of $15M USD. The fund has been fully deployed since early 2025.
Investment Size: $200k-$1M
We write cheques from $200k to $1 million, targeting Seed, Series A-B and Pre-IPO rounds. Our investment focus is on AI, Web3 & Fintech.
20+ Companies Invested
We have proudly invested in over 20 high-potential companies, along with industry-leading firms such as YZI (Binance Labs), Andreessen Horowitz (a16z), Coinbase Ventures, and more.
Notible Investments
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Performance Statement
As of Q3 2025, LPs in 978 Innovation Fund No.1 have received ~$29M in cash distribution (≈60% of total value | 1.95x DPI), with ~$10M fully hedged position (≈21%) and ~$9M remaining in active portfolio holdings (≈19%).
Delivering a total fund value of ~$48M, or 3.2x TVPI.