# Bonfire Union

Bonfire Union is an Asset Manager based in Shanghai, China.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Shanghai, China
- **Region:** Asia
- **Address:** Shanghai, China
- **Assets under management:** Undisclosed
- **Website:** www.mask.io

## Regulatory record

- **Reports private funds:** No

## About

Bonfire Union is the corporate venture arm of Mask Network. It focuses on investments in the Open Web revival. Bonfire Union has made 9 investments to date.

## Offices

- Beijing
- Hong Kong
- New York
- Champaign
- San Francisco
- Singapore

## Questions

### Where are Bonfire Union's offices located?

Bonfire Union maintains offices in Shanghai, Beijing, Hong Kong, New York, Champaign (Illinois), San Francisco, and Singapore. This seven-city footprint spans three countries and represents a deliberate cross-border operating model rather than a single-headquarters structure. The Champaign office is a distinctive presence with proximity to the University of Illinois' engineering and computer science research ecosystem.

### Who leads Bonfire Union?

The principals and leadership team of Bonfire Union are not publicly disclosed. The firm does not maintain a public-facing website listing its management team, and no named investment professionals are identified in available public records or regulatory filings. This opacity is not uncommon for firms that operate below institutional marketing thresholds or manage capital on behalf of a small, concentrated group.

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Last updated: 2026-06-03T20:00:00.000Z

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