# LuneX Ventures

LuneX Ventures is a Venture Capital based in Singapore, Singapore.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Singapore, Singapore
- **Region:** Asia
- **Address:** Singapore
- **Founded:** 2018
- **Assets under management:** Sub-$100M (Altss estimate)
- **Website:** lunex.vc
- **LinkedIn:** https://www.linkedin.com/company/lunex-ventures

## Regulatory record

- **Reports private funds:** No

## About

LuneX Ventures is a venture capital firm based in Singapore that invests in blockchain companies. It provides financial backing to startups in the blockchain sector.

## Sectors

- Blockchain
- FinTech
- Enterprise Software
- Gaming

## People

- Kenrick Drijkoningen — Founding Partner

## Questions

### How did LuneX Ventures originate, and what is its relationship with Golden Gate Ventures?

LuneX spun out of Golden Gate Ventures in 2018 when Kenrick Drijkoningen, then a partner at Golden Gate, proposed a separate crypto-focused vehicle. Golden Gate became the anchor LP for LuneX's first fund, providing back-office infrastructure and regional deal access while granting LuneX full investment independence. The two firms share a Singapore office but operate separate investment committees and fund structures.

### Does LuneX invest via equity, tokens, or both?

LuneX deploys through both equity and token instruments — writing traditional venture equity checks alongside SAFT agreements and direct token purchases. This dual-structure approach lets the firm hold positions through liquidity events that pure-equity VCs cannot access, while still securing board rights and governance in core infrastructure deals.

### Which geographies does LuneX prioritize for deals?

Southeast Asia forms the core geographic focus — deals like Bitkub in Thailand and Band Protocol, founded by Thai developers — but the fund casts a global net when sourcing through crypto-native networks. Confirmed investments include teams based in Europe and North America alongside Asian-founded projects.

### Who runs investment decisions at LuneX?

Kenrick Drijkoningen serves as Founding Partner and primary decision-maker for the fund. He previously sourced blockchain deals within Golden Gate Ventures before spinning LuneX out as an independent manager, and he remains the public face of the firm's investment thesis and LP communications.

### Does LuneX participate in fund commitments alongside direct deals?

LuneX operates as a direct investment vehicle — writing checks into operating companies and protocol teams rather than committing to other crypto funds. There is no public record of the firm acting as a limited partner in third-party venture or hedge fund structures.

### What sectors does LuneX explicitly avoid?

LuneX's public commentary and portfolio composition suggest the firm stays away from speculative token trading, NFT collectibles, and blockchain projects without a clear infrastructure or middleware thesis. The portfolio clusters around developer tooling, data availability layers, and regulated exchange infrastructure, implying a deliberate screen for technical utility over consumer hype.

## Related profiles

- [Lum](https://altss.com/profile/lum)
- [Luno Expeditions](https://altss.com/profile/luno-expeditions)

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

Canonical page: https://altss.com/profile/lunex-ventures

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