Private Equity

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Baboon.VC

Founded by a team of true blockchain and crypto veterans and enthusiasts, Baboon looks to fund founders that solve real-world problems to make a...

Baboon.VC

Founded by a team of true blockchain and crypto veterans and enthusiasts, Baboon looks to fund founders that solve real-world problems to make a difference.

General information

Firm type

Private Equity

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

Hong Kong

City

Hong Kong

Corporate office

Hong Kong Island, Hong Kong

Principals

Alex Cheung

Founding Partner

Kaleem Khan

Founding Partner

Anthony Lau

Founder

Jack Siu

Partner

Jadey Li

Partner

Sector focus

DeFiDePINGamingInfrastructureCustodyExchange

Frequently asked questions

Who makes investment decisions at Baboon.VC?

Investment decisions sit with the founding team: Alex Cheung, Kaleem Khan, and Anthony Lau. Cheung and Khan co-founded the crypto OTC desk Llama Brothers before launching Baboon.VC, and both held portfolio management roles in traditional finance. The partnership is operationally lean, with the founders acting as the primary investment committee for the firm.

Does Baboon.VC invest in equity or only tokens?

Baboon.VC invests in both equity in crypto-native companies and early-stage token rounds. The firm explicitly states it looks for exposure across equity and liquid digital assets, reflecting its hybrid origins in a crypto OTC brokerage.

How does Baboon.VC source deals?

The firm's deal flow originates from the co-founders' deep operating history in the crypto trading and brokerage ecosystem. Having run the Llama Brothers OTC desk in Hong Kong and Singapore, the principals maintain direct relationships with early-stage founders, exchange operators, and liquidity providers, giving them access to token-generation events and private rounds before they reach broader venture networks.

Is Baboon.VC structured as a traditional venture capital firm?

Baboon.VC operates as an Asia-based, crypto-first venture capital firm whose partners are former OTC desk operators and sell-side traders—not career venture capitalists. This makes its investment posture more trading-aware and token-literate than a standard institutional VC.

What types of crypto sectors does Baboon.VC target?

The firm's disclosed portfolio concentrates heavily on decentralized finance (DeFi), decentralized physical infrastructure networks (DePIN), centralized and decentralized exchanges, custody providers, and infrastructure plays. Gaming and broader 'Other' category investments round out the strategy.

What investment stages does Baboon.VC participate in?

Baboon.VC focuses on early-stage investments, encompassing Seed and Start-up rounds across equity and token structures. The firm is built to enter positions before token-generation events or early in a protocol's lifecycle.

Where does Baboon.VC primarily invest geographically?

The firm is headquartered in Hong Kong and invests predominantly across Asian crypto and blockchain markets, with a particular network concentration in Hong Kong and Singapore. Its portfolio companies serve global on-chain infrastructure and DeFi markets.

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