Blockchain Founders Fund

Blockchain Founders Fund is a venture capital firm focused on blockchain and emerging technology projects with real world applications. According to its official materials, the firm is incorporated in Singapore as BLOCKCHAIN FOUNDERS FUND PTE. LTD. and holds a Capital Markets Services license for venture capital fund management. The firm is led by director Aly Kham Madhavji and is based at 36 Robinson Road in Singapore. In Africa, Blockchain Founders Fund has been active in early stage technology investing, particularly in Nigeria. Based on available investment data, the firm has participated in four funding rounds between August 2021 and August 2024, all in Nigerian startups. These include pre seed and seed rounds, as well as a later venture round, across cybersecurity, fintech, and crypto and Web3 sectors. Portfolio companies in Nigeria include Chekkit, Kredete, and Ivorypay, which work on product verification, financial services, and stablecoin payments. The firm often invests alongside other early stage and thematic investors. Co investors in African deals have included Launch Africa, Techstars, Adaverse, Stellar Development Foundation, Tezos Foundation, and several other venture firms, reflecting a collaborative approach to supporting blockchain and digital finance innovation in emerging markets.