Our Funds and Strategies
HB Ventures participates across incubation, venture, growth, and selected listed or special opportunities in technology and innovation led sectors. Our activities span core strategies, affiliated initiatives, and partner backed vehicles, often alongside licensed investment managers and co-GPs.
Core Funds
Our core funds focus on technology and innovation led companies from early stage through later stage and selected listed opportunities. In these strategies, HB Ventures typically participates as a principal investor or co GP alongside licensed partners.
Infinity–HB Ventures Fund
Partner with Huafa Group, the largest enterprise in Zhuhai City of Guangdong province in China, this fund focuses on growth and pre-IPO stage deep-tech and emerging technologies investments in China and North America
Co-GP alongside a licensed manager
Greater Bay Area Technology Fund
Partner with Xiamen Venture Capital Group, the largest venture capital group in Fujian Province, China, as well as Goldford Group, a diversified investment group in Hong Kong SAR, this fund focuses on early to growth stage emerging technologies investment in China
Co-GP alongside a licensed manager
Web3 & AI Computational Power Fund
Partner with Goldford Group and Web3Labs, a leading Web3 advisory and accelerator in Asia, this fund focuses on early-stage Web3 and AI investments, offering not just capital but also GPU computing power, office space and incubation services
Principal investor
HBV Dynamic Growth Fund
Partner with Alta Alternative Investment, a leading alternative investment platform in Singapore, this fund focuses on quantitative trading and investing in leading pre-IPO stage technology companies worldwide
Co-GP alongside a licensed manager
Innovax Asset Management Fund
We also partner with Innovax Asset Management to manage multiple funds that invest in other Web3 funds as well as value or event driven listed equities opportunities worldwide.
Co-GP alongside a licensed manager
Stage Timeline
From incubation to listed opportunities, our funds and related strategies are mapped to different points in a company’s journey.

Seed
Incubation Program

Early Stage
Web3 & Al Computational Power Fund

Growth Stage
Infinity–HB Ventures Fund Greater Bay Area Technology Fund

Unicorn Stage
HBV Dynamic Growth Fund

Listed & Special Opportunities
Innovax Asset Management Fund

Affiliated / Alternative Strategies
MANUKA QUANT FUND
Ecosystem Support
Platform and incubation initiatives
We also support early-stage teams and ecosystems through dedicated incubation and platform initiatives, providing the resources, guidance, and networks needed to help ideas grow into scalable ventures.
Affiliated funds and alternative strategies
In addition to core funds, we work with affiliated vehicles that extend our reach into complementary strategies.
- Manuka – An affiliated licensed fund focused on quantitative and alternative strategies, with an emphasis on technology enabled approaches and differentiated risk return profiles, where HB Ventures is represented on the board.
External Fund Investments
Other Funds We Invest In
Beyond our own and affiliated vehicles, we selectively invest in external funds where we see strong alignment with our sector focus, market views, and partner networks. These investments into selected third party funds complement our direct and co-managed activities and broaden our access to differentiated opportunities.
3C AGI Partners
A venture firm and fund platform focused on foundational AI and deep-tech infrastructure, including specialised chips, servers, and next-generation datacentres, with a global mandate.
L2 Fund Home
Layer 2 scaling infrastructure fund backing next-generation blockchain networks and rollups.
Stableton
A private markets specialist offering systematic, index-based exposure to a portfolio of leading private technology unicorns.