Fundraising Fox

Lavender Capital

Venture capital

Hong Kong · Seed–Growth · 5 people tracked

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Investment thesis

Lavender Capital bridges traditional capital markets and the decentralized economy, investing in and building next-generation Web3 innovation. The firm emphasizes hands-on involvement — incubating, accelerating, and scaling companies rather than only advising. Its focus spans digital assets, blockchain infrastructure, Real-World Asset (RWA) tokenization, and Digital Asset Treasury strategies, drawing on deep institutional banking and regulated-market experience. The team's track record includes over 80 seed and private-stage investments in the digital asset ecosystem.

Invests inCrypto & Web3FintechAsia-PacificGlobalHong Kong

Source: firm website, verified Jul 31, 2026.

Stage
Seed–Growth
HQ
Hong Kong, HK
Instruments
Equity
Founded
2021

Team · 5 people

from the firm's website
Francis So· Managing Director

Founder and Managing Partner with over 25 years of institutional banking experience, including senior roles at HSBC and Deputy CEO of the bank in Macau SAR. He leads a digital asset venture fund with 80+ seed and private-stage investments and serves as a director for a Web3 R&D lab building on Solana.

Rajan Raj· Director

A digital asset marketer and ecosystem builder since 2016, advising Web3 projects on go-to-market, community, and exchange relationships across Southeast Asia and globally.

Kenny Cheung· Director

Director at Lavender Capital overseeing strategic investments and portfolio management, with a background in traditional finance and family offices. He previously was Head of Strategy and Partnerships at The Yeh Family Philanthropy and a Vice President at HSBC.

Gilbert Ng· Legal Advisor

A crypto-focused legal practitioner with nearly a decade in blockchain, formerly Head of Legal at two blockchain groups. He specializes in M&A, licensing, and regulatory matters for the firm's projects.

Matthew Cheung· Partner Advisor

A Web3 executive with over 9 years in crypto and digital assets, starting at OKX and most recently Chief Strategy Officer at HKVAX, a licensed Hong Kong digital asset exchange. He advises regulated Web3 companies with a focus on Digital Asset Treasury and RWA tokenization.

Frequently asked questions

What stage does Lavender Capital invest at?
Lavender Capital invests at the Seed, Growth stages.
What sectors does Lavender Capital focus on?
Lavender Capital focuses on Crypto & Web3, Fintech.
Where is Lavender Capital located?
Lavender Capital is headquartered in Hong Kong, HK.

Images

Lavender Capital photo

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