Race Capital

Race Capital is an early-stage venture capital firm located in Silicon Valley that specializes in enterprise computing sectors, including data infrastructure, collaboration, open source, privacy, security, automation, and fintech. The firm invests in, builds alongside, and partners with exceptional founders aiming to create transformative companies. Race Capital emphasizes the importance of speed and execution in startup development, believing that thoughtful planning and rapid implementation are crucial to success. The firm is particularly attuned to market shifts and sees crises as opportunities for groundbreaking innovation, having witnessed the emergence of successful companies during past economic downturns. Race Capital prioritizes working with determined and adaptable founders who have a clear vision and share a commitment to making a positive impact on humanity through their ventures.

Phil Chen

Partner

Alfred Chuang

General Partner

Richard Lam

Partner

Edith Yeung

General Partner

26 past transactions

Moonsense

Seed Round in 2023
Moonsense is a cross-platform toolset used by developers, data scientists, and product managers. Its application take advantage of the physical world by functioning as an intelligent conduit for sensor data.

Zeet

Seed Round in 2022
Deploy and scale with the tools of the top-tier tech companies, without a devops team

Opaque

Series A in 2022
Opaque is a startup that helps organizations analyze encrypted data in the cloud. Opaque Systems offers a service for secure data analytics and machine learning in the cloud. Opaque commercializes the open source MC2 Platform, which leverages a novel combination of two key technologies layered on top of state-of-the-art cloud security—secure hardware enclaves and cryptographic fortification.

OtterTune

Series A in 2022
OtterTune, Inc. offers an automated database tuning service designed to enhance the performance of data-intensive applications. Founded in 2020 and headquartered in Pittsburgh, Pennsylvania, the company employs advanced learning techniques to analyze database behavior. By continually adjusting runtime settings, OtterTune aims to optimize system performance, providing users with a more efficient and effective database management solution.

Irys

Seed Round in 2022
Bundlr is a decentralized platform that makes it fast and easy to store data on web3. It is a reliable, multichain solution that enables easy access to Arweave. Bundlr is responsible for processing over 90% of all data uploaded on Arweave and increases upload speeds by ~3000%. Bundlr is integrated on most platforms and is multi-chain compatible including Ethereum, Solana, and Avalanche.

Kado

Seed Round in 2022
Developer of a cryptocurrency platform designed to pay for goods and services directly with stablecoins. The company's platform provides the lowest fees for spending crypto tokens with a focus on API and SDK tooling for decentralized finance, enabling consumers and merchants with an easy way to enjoy the full benefits of fiat currency.

Notifi

Pre Seed Round in 2022
Developer of a messaging and communication infrastructure platform designed to simplify communication across all web3 messaging channels. The company's platform offers a messaging protocol for blockchain with easy integration, customizable, advanced features for decentralized applications, and website third-generation applications, enabling businesses to engage with their users via multichannel communications.

Zeet

Seed Round in 2022
Deploy and scale with the tools of the top-tier tech companies, without a devops team

Scarf

Venture Round in 2021
The app store for software development tools

Zeta Markets

Seed Round in 2021
Developer of an under-collateralized Defi derivatives designed to offer liquid derivatives trading opportunities to individuals and institutions alike. The company offers derivatives ecosystem and creates user experiences and products that simplify the derivatives trading experience, enabling investors to hedge, speculate and take opinions on a limitless variety of market movements.

FTX

Series B in 2021
FTX Trading LTD operates a cryptocurrency derivatives exchange and trading platform for traders and investment professionals. Its platform offers futures trading, leveraged tokens, and an OTC portal. The company’s platform supports quarterly and perpetual futures on various cryptocurrencies and altcoins, such as bitcoin, ether, binance coin, and tether, as well as various altcoin, midcap, and other indices. The company was founded in 2017 and is based in San Francisco, California.

Databricks

Series H in 2021
Databricks Inc. offers a unified data analytics cloud platform designed to streamline data engineering and collaborative data science. The company provides a cloud-based platform that enables developers and data scientists to integrate data seamlessly, conduct real-time experimentation, and deploy production applications efficiently. Key products include Databricks Delta, which combines the scalability of a data warehouse with the low latency of streaming data ingestion, MLflow for managing the machine learning lifecycle, and Delta Lake, an open-source technology for handling both batch and streaming data. Databricks serves a diverse range of industries, including advertising, finance, healthcare, and manufacturing, among others. Founded in 2013 and headquartered in San Francisco, California, the company also has a presence in London, Amsterdam, and Bengaluru, and maintains strategic partnerships with several organizations to enhance its offerings.

Saber

Seed Round in 2021
Saber Labs is the cross-chain stablecoin and wrapped assets exchange on Solana.

Opaque

Seed Round in 2021
Opaque is a startup that helps organizations analyze encrypted data in the cloud. Opaque Systems offers a service for secure data analytics and machine learning in the cloud. Opaque commercializes the open source MC2 Platform, which leverages a novel combination of two key technologies layered on top of state-of-the-art cloud security—secure hardware enclaves and cryptographic fortification.

Dexlab

Seed Round in 2021
Dexlab is a decentralized exchange where the best Solana projects mint and list their tokens.

PolySign

Series B in 2021
PolySign, Inc. is a company based in Oakland, California, that specializes in providing custody services for digital assets, including cryptocurrencies. Founded in 2017, PolySign has developed a secure and scalable infrastructure designed for financial institutions, enabling them to effectively manage and trade digital assets. The platform supports a wide range of digital assets and offers institutional-grade custodial services, allowing asset managers and exchanges to operate in a secure and accessible environment. By integrating with existing financial organizations and adhering to rigorous regulatory standards, PolySign aims to facilitate the broader adoption and utilization of digital assets in global markets.

Goodnotes

Seed Round in 2020
GoodNotes creates beautiful handwritten digital notes.

Midas Labs

Angel Round in 2020
Midas Labs Inc. designs and manufactures application-specific integrated circuit (ASIC) for blockchain mining and artificial intelligence (AI) applications. The company develops and offers DeMiner application to allow users to mine open-source cryptocurrency Monero (XMR). It also provides fully-customized blockchain support for communities and enterprises, including both hardware and software services. Midas Labs Inc. was incorporated in 2019 and is based in Alhambra, California with an additional office in Taiwan.

Lightning Labs

Series A in 2020
Lightning Labs is building the next generation of decentralized, resilient financial infrastructure. We believe systems based on cryptography, blockchains, and smart contracts will enhance financial cooperation around the world in unprecedented ways at scales both large and small. We have developed Lightning Network Daemon (lnd) the most advanced and most developer-friendly implementation of the Lightning Network protocol. Along with Neutrino, an open platform that enables users with mobile devices to conduct blockchain and Lightning Network transactions quickly and easily. We’re hiring. See our open positions: http://lightning.engineering/careers.html Get involved: http://dev.lightning.community/

FTX

Seed Round in 2019
FTX Trading LTD operates a cryptocurrency derivatives exchange and trading platform for traders and investment professionals. Its platform offers futures trading, leveraged tokens, and an OTC portal. The company’s platform supports quarterly and perpetual futures on various cryptocurrencies and altcoins, such as bitcoin, ether, binance coin, and tether, as well as various altcoin, midcap, and other indices. The company was founded in 2017 and is based in San Francisco, California.

PolySign

Series A in 2018
PolySign, Inc. is a company based in Oakland, California, that specializes in providing custody services for digital assets, including cryptocurrencies. Founded in 2017, PolySign has developed a secure and scalable infrastructure designed for financial institutions, enabling them to effectively manage and trade digital assets. The platform supports a wide range of digital assets and offers institutional-grade custodial services, allowing asset managers and exchanges to operate in a secure and accessible environment. By integrating with existing financial organizations and adhering to rigorous regulatory standards, PolySign aims to facilitate the broader adoption and utilization of digital assets in global markets.