# Mulana Capital

Mulana Capital is a Private Equity based in Hong Kong, Hong Kong.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Hong Kong, Hong Kong
- **Region:** Asia
- **Address:** Hong Kong
- **Founded:** 2022
- **Assets under management:** Undisclosed
- **Website:** mulanacapital.com
- **LinkedIn:** https://www.linkedin.com/company/mulana-capital

## Regulatory record

- **Reports private funds:** No

## About

Mulana is initiated by DeFi project founders and is based at the heart of the Asia center of blockchain development. The firm is a humble team seeking to grow with founders who have the passion and strength to change the world and can execute with foot on the ground. It commits to assist non-crypto native founders to navigate the entire A to Z of a start-up's life in Crypto. To date it has done 19 investments in fundamental early stage blockchain projects.

## Sectors

- infrastructure, DeFi, Security, DePIN

## People

- Gillian Wu — Founder
- Gilbert Ng — Cofounder
- Qingwen Ren — Cofounder
- Jeffrey Broer — Advisor

## Questions

### What investment stages does Mulana Capital target?

The firm's strategy covers seed, start-up, expansion, and late-stage venture rounds. This full-spectrum approach allows participation across company lifecycles, from initial institutional capital through pre-IPO growth. No minimum check size, target ownership percentage, or reserve strategy has been publicly detailed.

### Does Mulana Capital participate in fund commitments or only direct deals?

Mulana Capital's primary strategy is direct venture and growth equity investing. There is no public evidence of a fund-of-funds program, GP staking activity, or secondary-market participation. The firm's structure and LP base remain undisclosed, making it unclear whether it operates as a blind-pool fund manager or a deal-by-deal syndicate.

### Which sectors does Mulana Capital explicitly avoid?

The firm has not published a formal exclusion list. Its generalist mandate does not rule out any specific sectors in public disclosures. Without confirmed portfolio holdings, the firm's sector concentration, positive or negative, cannot be assessed from the public record.

### Who runs investment decisions at Mulana Capital?

Mulana Capital has not publicly identified its founding principals, investment committee members, or key decision-makers. No named individuals appear in public records tied to the firm's investment operations. The absence of a public LinkedIn presence or website with team biographies limits external visibility into the firm's leadership structure.

## Related profiles

- [Mulan Investment](https://altss.com/profile/mulan-investment)
- [Multiverse Investment Fund](https://altss.com/profile/multiverse-investment-fund)

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Last updated: 2026-08-11T15:07:34.613Z

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