Discover Products, Get Discovered.
Individuals find the right products. Businesses reach the right audience. One platform, free for both.
Individuals find the right products. Businesses reach the right audience. One platform, free for both.
Since 2021, NGC Ventures has backed 2 African startups across 3 disclosed funding rounds totaling $7.1M, most heavily in Nigeria and Crypto & Web3.
NGC Ventures is a global crypto focused venture capital fund that invests in blockchain and Web3 infrastructure projects. According to its official website, the firm has been investing in blockchain since 2017, with an investment thesis centered on infrastructure, and operates as an early stage VC fund focused on the digital asset ecosystem. Public profiles consistently identify NGC Ventures as a Singapore based venture capital firm with a broader presence across major global hubs. In Africa, NGC Ventures has participated in early stage funding for crypto and Web3 companies in Nigeria. Based on confirmed investment records, the firm has backed Canza Finance, a company providing stablecoin liquidity and real world asset access for emerging markets, through seed rounds, and Xend Finance, a DeFi savings and stablecoin yield platform with onchain asset tokenization, through a venture round. These transactions, totaling 7.1 million dollars across three funding rounds between February 2021 and February 2022, highlight NGC Ventures’ focus on seed and early venture stages in Nigeria’s crypto and Web3 sector. NGC Ventures’ investment activity in Africa reflects its broader strategy of supporting infrastructure driven crypto and Web3 projects. The firm regularly partners with other specialized digital asset investors, as seen in its African deals that include co investments alongside firms such as Dominance Ventures, Bixin Ventures, Consensys, Protocol Labs, MEXC Global, HashKey Capital and Fenbushi Capital. This collaborative approach aligns with NGC Ventures’ stated goal of being a key institutional investor and contributor to leading blockchain projects worldwide.
Data updated · Sep 22, 2026
NGC Ventures has backed 2 African startups across 3 disclosed funding rounds tracked on Liners, totaling $7.1M since 2021.
Mostly Seed: 2 of its 3 tracked rounds are at that stage, followed by Venture (Round not Specified) (1).
Its tracked rounds lean toward Crypto & Web3 (3).
NGC Ventures most often shares rounds with Dominance Ventures (2 shared deals), Bixin Ventures (2 shared deals), Consensys (2 shared deals).
NGC Ventures is a global crypto focused venture capital fund that invests in blockchain and Web3 infrastructure projects. Official information confirms that the firm has been active in the sector since 2017, operating as an early stage VC fund with its headquarters in Singapore.
NGC Ventures has invested in Canza Finance, which focuses on stablecoin liquidity and real world asset access for emerging markets, and Xend Finance, which offers DeFi savings, stablecoin yields and onchain asset tokenization. Both companies are based in Nigeria and operate in the crypto and Web3 sector.
NGC Ventures has made three recorded funding rounds in Africa between February 2021 and February 2022, all in Nigeria and all in the crypto and Web3 sector. These rounds total 7.1 million dollars and involve repeat participation in seed funding for Canza Finance and a venture round for Xend Finance.
Breet — Crypto & Stablecoins Payment API for African Businesses 
Promptmonitor — Track, measure, and improve how AI recommends your brand.