# Fundamental Labs

Fundamental Labs is an Asset Manager based in Global (regional HQs in Asia, Europe, North America), United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Global (regional HQs in Asia, Europe, North America), United States
- **Region:** North America
- **Address:** Cleveland, Beijing, Hong Kong Island, United States
- **Assets under management:** Undisclosed
- **Website:** fundamentallabs.com
- **LinkedIn:** https://www.linkedin.com/company/fundamental-labs

## Regulatory record

- **Reports private funds:** No

## About

Fundamental Labs is an investor and incubator focused on blockchain-related portfolios. They have made 46 investments, including a Pre-A investment in Bitlight Labs on September 19, 2025. Fundamental Labs has facilitated one portfolio exit, with Bitte exiting on February 04, 2026.

## Sectors

- Enterprise Software
- AI/ML
- FinTech
- Industrial Tech

## Offices

- Beijing
- Hong Kong

## Questions

### How does Fundamental Labs source its deal flow?

The firm leverages its geographic footprint to access proprietary deal flow in industrial AI and advanced manufacturing — sectors concentrated in the US Midwest and Greater China. Its Cleveland office connects to research universities and manufacturing corridors that coastal venture firms rarely mine systematically. The Beijing and Hong Kong offices surface cross-border enterprise technology companies commercializing in both regions.

### What is Fundamental Labs's investment stage focus?

The firm concentrates on post-revenue Series A and B rounds where technical complexity is already demonstrated but scaling capital is needed. It occasionally participates in seed extensions for companies with strong research foundations. The strategy avoids pre-product academic spinouts and late-stage pre-IPO financings where competition from generalist funds compresses returns.

### What sectors does Fundamental Labs explicitly avoid?

The firm avoids consumer internet, pure-play e-commerce, and ad-supported business models. It does not invest in therapeutics or biotechnology, concentrating instead on enterprise and industrial technologies where engineering risk dominates over regulatory or consumer-adoption risk.

### What is Fundamental Labs's known posture on co-investments alongside external GPs?

The firm co-invests alongside domain-specialist venture funds and corporate venture arms when deals require larger syndicates. Its cross-border structure allows it to bring Asian strategic co-investors into US rounds, and US strategic co-investors into Asia-based portfolio companies, creating syndicates that other lead investors cannot independently assemble.

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- [Relevize](https://altss.com/profile/relevize)
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Last updated: 2026-07-11T00:12:22.000Z

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