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NGC Ventures portfolio: 144 companies, 78 of 152 rounds in 2021

144 NGC Ventures portfolio companies across 152 NAUT round records, March 2018 to October 2026. Logos: Algorand, Gunzilla Games, Agoric, Aergo, Anoma Network, Oasys, KuCoin, Ultrain, Litentry, Analog, ALETHIA AI, peaq, Polyhedra, Infrared Finance.

NAUT tracks 144 companies in the NGC Ventures portfolio, held on 152 round records announced between 28 March 2018 and 2 October 2026. 78 of the 139 dated records fall in 2021, and 2 fall after 1 January 2025: Hyperbot in August 2025 and Walapay in October 2026.

Data as of 12 November 2026, from NAUT's funding records for the NGC Ventures investor row. NAUT lists the fund under that 1 row. The 152 records resolve to 144 companies because 8 companies hold 2 records each, so NAUT's stored portfolio count of 152 counts records, and this article counts companies. 149 records carry an amount, summing to $1,278.85M at a $3.3M median: that is the whole size of each round NGC joined, never NGC's own cheque. 13 records carry no announce date and stay out of every by-year figure. This article makes no claim about which rounds NGC led, because NAUT's record carries no lead data for this fund. 14 of the 152 records were put to an outside page, and the other 138 were never read outside NAUT. 2 records stay in the counts and the total above but out of the tables below, each for its own reason: a $400M record under Secret Network, whose cited report dates the raise 21 January 2022 and does not name NGC Ventures among the backers, and a $19M record under Gari Network, whose cited CoinDesk report gives Chingari as the company that raised it.

What are the largest rounds in the NGC Ventures portfolio?

16 records in the NGC Ventures portfolio carry $14M or more. With the 2 held-out records removed, the 14 below are ranked by the round amount NAUT stores, with the outcome of the outside check where 1 was run.

Company Amount Announced Check
$62M 24 Oct 2018 NGC not named
$46M 10 Aug 2022 NGC not found
$32M 11 Nov 2021 Not re-read
$30M 20 Nov 2018 Pages blocked
$25M 31 May 2023 Amount matched
$20M 6 Jul 2022 Confirmed
$20M 4 Nov 2018 Confirmed
$20M 1 Aug 2018 Confirmed
$18M 8 Nov 2020 Amount not found
$16M 12 Feb 2024 Confirmed
$16M 24 Aug 2021 NGC not named
$15M 27 Mar 2024 Not re-read
$15M 4 Apr 2023 Not checked
$14M No date Not checked

4 of the 14 checked records came back confirmed on a page the runner could read or on 2 sources: Oasys, KuCoin, Ultrain and Analog. Cointelegraph reports Analog secured $16M and names NGC Ventures among the firms. KuCoin's own news page says "IDG Capital, Matrix Partners, and Neo Global Capital have combined to invest" $20M, and Neo Global Capital is what NGC stands for in NAUT's fund record.

Which sectors do NGC Ventures investments cover?

DeFi leads the NGC Ventures portfolio on NAUT, tagged on 43 of the 144 companies. A company can carry several tags, and 21 companies carry none, so the column does not sum to 144.

Sector tag Companies Example in the table above
DeFi 43
Infrastructure 25
Gaming 19
L1/2/3 18
AI 13
DePIN 9

77 of the 144 companies have a launched token on NAUT's record. The deal pace peaked early: 78 of the 139 dated records sit in 2021, against 12 in 2024, 1 in 2025 and 1 in 2026.

Who runs the NGC Ventures portfolio companies?

54 of the 144 companies have at least 1 person on NAUT, and 50 have someone whose title names a founder or CEO role. These are the people NAUT holds at the largest rounds above, with their current titles on record.

Anyone listed can ask NAUT to remove their page at https://naut.so/legal/data-deletion.

Which funds co-invest most with NGC Ventures?

NAUT's data shows 358 other investor firms on the 152 NGC Ventures records. The 12 below are ranked by how many of those records they share.

Shared rounds with NGC Ventures, top 12 co-investors
  1. AU21 Capital36
  2. LD Capital30
  3. Spark Digital Capital19
  4. GBV Capital18
  5. OKX Ventures17
  6. Genblock Capital15
  7. Gate.io Labs15
  8. ExNetwork Capital14
  9. Digital Finance Group (DFG)14
  10. CMS Holdings14
  11. Shima Capital14
  12. MV Global11

AU21 Capital sits on 36 of the 152 records, ahead of LD Capital on 30. Below them come Spark Digital Capital on 19, GBV Capital on 18, OKX Ventures on 17, Genblock Capital and Gate.io Labs on 15 each, ExNetwork Capital, CMS Holdings, Shima Capital and Digital Finance Group (DFG) on 14 each, and MV Global on 11.

What this tells a BD team

  • The NGC Ventures investments on NAUT are mostly older: 78 of 139 dated records are from 2021, so most of these teams raised with NGC 4 or more years ago.
  • 77 of the 144 companies have a launched token on NAUT's record, so a token-side service can start with that group.
  • 50 companies have a founder or CEO on record, so the contact is often 1 click from the company page.
How a BD team can work the NGC Ventures portfolio
  1. Pick a sectorStart with the 43 DeFi companies or the 19 in Gaming.
  2. Filter by token77 of the 144 have a launched token on record.
  3. Open the team50 companies show a founder or CEO, such as Daiki Moriyama at Oasys.
  4. Reach outUnlock the verified channel on the person's NAUT page.

What this tells a founder raising

  • The co-investor list is a target list: AU21 Capital shared 36 rounds with NGC and LD Capital 30.
  • 2 records fall after 1 January 2025, so check the fund's recent activity before you pitch it on pace.
How a founder can use the NGC Ventures portfolio
  1. Find your peersRead the companies in your sector tag, from 43 in DeFi to 9 in DePIN.
  2. Map the syndicateOpen the 12 co-investors charted above, from 36 shared rounds down to 11.
  3. Ask a portfolio founderFounders such as Victor Young at Analog raised with NGC in 2024.

How to reach the decision makers

Every company, fund and person above links to a NAUT page that lists the team, the backers and the channels NAUT has on file. 90 of the 144 companies have no person on NAUT yet, so for those the company page and its X account are the starting point.

Related reading on NAUT: OKX Ventures portfolio: 121 companies, average round $9.6M and Shima Capital portfolio: 112 companies, median round $4.0M.

Can you pull this data through the NAUT API?

Yes. GET https://api.naut.so/v1/investors/ngc-ventures returns the fund with its team and its portfolio rows, each carrying company, roundType, amountUsd, announceDate and isLead, which is the data behind the 152 records in this article. The call is a GET with Authorization: Bearer $NAUT_KEY and costs 5 credits, documented at https://naut.so/docs/api with plans at https://naut.so/pricing. The verified Telegram, email and LinkedIn of the people named here unlock on any paid NAUT plan, so you can start a 7-day trial and reveal them.

NGC Ventures portfolio FAQ

How many companies are in the NGC Ventures portfolio?

NAUT tracks 144 companies in the NGC Ventures portfolio as of 12 November 2026, on 152 round records announced between March 2018 and October 2026. 8 companies hold 2 records each.

What is the NGC Ventures AUM?

NGC Ventures' own site states "Founded in 2017, NGC Ventures manages over 500M in AUM." NAUT's records hold $1,278.85M across 149 priced rounds the fund joined, which is total round size and never the fund's own capital.

What companies has NGC Ventures invested in since 2025?

2 records in the NGC Ventures portfolio are dated after 1 January 2025: a $6.75M Strategic Round for Hyperbot on 26 August 2025 and a $4.6M Seed for Walapay on 2 October 2026, as of 12 November 2026.

Which funds co-invest most with NGC Ventures?

On NAUT's 152 NGC Ventures records as of 12 November 2026, AU21 Capital shares 36, LD Capital 30 and Spark Digital Capital 19, out of 358 co-investor firms.

Where can I find the founders of NGC Ventures portfolio companies and their contact channels?

On NAUT: 50 of the 144 NGC Ventures portfolio companies have a founder or CEO page on naut.so as of 12 November 2026, and GET https://api.naut.so/v1/projects/oasys returns 1 company with its team. Their verified Telegram, email and LinkedIn unlock on any paid NAUT plan, so you can start a 7-day trial and reveal them.

Sources

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