Menu
Washingtoner
  • Home
  • Business
  • Real Estate
  • Technology
  • Health
  • Home
  • Self Storage
  • Pets
  • Shipping
Washingtoner

Yida Gao, Shima Capital Recognized for Prolific Deal Activity
Washingtoner/10205317

Trending...
  • The Paris Court of International Arbitration Elects Dr. John J. Maalouf as its New President
  • Ditch Micromanagement: New Leadership Book for Results-Driven, Accountability-Based Teams
  • ImagineX, in Collaboration with Qualys, Launches New mROC Services to Transform Enterprise Cyber Risk Management
Yida Linkedin Profile Pic Shima Capital
They were amongst several other top-tier Web3 venture capital funds

SAN FRANCISCO - Washingtoner -- Crypto news outlet The Block's Digital Asset Funding Landscape report was released last week and named Shima Capital one of the most active Web3 venture capital funds in the world in 2022. Shima Capital was founded by Yida Gao (Forbes 30 Under 30) in 2021 and is swiftly approaching 200-lifetime deals.

The report highlighted ten of the Most Active Investors (MAIs) which stood out the most, listing Shima Capital alongside other luminary venture capital funds such as Animoca Brands, Jump Capital, and Big Brain Holdings. Those ten Most Active Investors accounted for 644 unique deals in 2022. Not surprisingly, all funds were more active during the first half of the year as compared to the second half. Even with market conditions what they are, Shima Capital still found themselves investing in more than 100 of the aforementioned 644 deals.

Shima Capital, active since 2021, officially introduced itself to the world in August of 2022 via its fund launch announcement in Blockworks, and was also picked up by Cointelegraph and Coindesk.

More on Washingtoner
  • Be Prepared for the Qualitative and Quantitative Effects of Tariffs: How Businesses Can Navigate Potential Disruption in Finances and Production
  • Bold Beauty Project UCLA Edition Photography Exhibition on May 18
  • Genuine Hospitality, LLC Selected to Operate Claridge House Chicago Gold Coast
  • Lamar Odom Issues Public Challenge to X Platform Over Censorship of His Anti-Addiction Crypto Campaign
  • PBK Miner completes $80 million Series B financing to support AI cloud mining and increase user investment return by 25%

At the time, Yida Gao, the fund's founder and Managing General Partner, said, "We see a pocket of opportunity that's missing in the capital stack for Web3 in being the first institutional capital in the pre-seed." He continued, "We're trying to be the missing layer in Web3."

Yida Gao and his team at Shima Capital have identified several diverse verticals to invest in, ranging from decentralized finance (DeFi), regenerative finance (ReFi), blockchain gaming, cross-chain infrastructure, and applications, to name a few. Gaming holds the largest percentage amongst verticals in Shima's portfolio.

When he founded Shima Capital almost two years ago, Yida Gao's investment strategy was to back great founders. This was his philosophy throughout 2022 and there's no doubt that this will continue to be his approach in 2023 and beyond.

Although the pace of investments has slowed for Shima Capital and all other Web3 venture capital firms, the quality of investment will continue to be as high as ever for Yida Gao's growing fund.

More on Washingtoner
  • Asset-Backed Green Crypto: Fueling the Trillion-Dollar Revolution
  • Spokane: Traffic Impacts Starting Week of May 12th
  • Smart Audio Pair RecDot and NoteKit Synchronize Family and Work Schedules for Busy Moms
  • Spokane: Arson suspect in custody, resulting fire causes extensive damage.
  • Fairmint Introduces First Fully Onchain and Open Cap Table Infrastructure

Click here for more on The Block's Digital Asset Funding Landscape report.

About Shima Capital

Shima Capital is a leading early-stage VC firm investing in disruptive blockchain companies. The fund is deeply focused on taking a hands-on approach and working closely with its portfolio companies to provide the most sweat equity per dollar invested.

As teams in Web3 push the frontier of innovation, Shima helps hire talent, build community, amplify narratives, and foster the acceleration of technical research and development. Shima is composed of seasoned investors, accomplished operators, and former founders who align on a mission to support all-star teams with building and scaling generational companies. For more https://shima.capital/

Source: Shima Capital

Show All News | Report Violation

0 Comments
1000 characters max.

Latest on Washingtoner
  • Space Resources Company Interlune Unveils Full-Scale Prototype of Excavator for Harvesting Helium-3 from the Moon
  • The Paris Court of International Arbitration Elects Dr. John J. Maalouf as its New President
  • $56.7 Million Announced in Q1 2025 with Revenue Growth and Progress Toward NASDAQ Uplisting for AI Marketing Company: IQSTEL, Inc. Stock Symbol: IQSTD
  • SAVVY MINING raised $500 million and launched BTC.XRP.DOGE cloud mining, increasing investors' returns by 30%
  • New National Nonprofit Launches to Capture Firsthand Accounts of Adoption Stories
  • The Tide Project Opens at Biennale Architettura 2025 in Venice Amplifying Youth Voices
  • Wall Street analysts say BTC.XRP.DOGE cloud mining company SIX MINING is expected to achieve a 5-fold increase, allowing users to easily mine BTC
  • Gen X Takes The Reins: New Book Guides Caregivers Juggling Parents, Kids, And Grandkids With Humor And Heart
  • Fray Fitness Launches Memorial Day Sale and Veteran Organization Giveaway
  • ABM for Good™ Launches First Project with Build Change
  • Lucky Envelope Brewing hosts My Name Story Exhibit by Judy Lee
  • ImagineX, in Collaboration with Qualys, Launches New mROC Services to Transform Enterprise Cyber Risk Management
  • Ditch Micromanagement: New Leadership Book for Results-Driven, Accountability-Based Teams
  • Jay Tapp was named Managing Director in British Columbia
  • Hubei Heavy Equipment Makes a Striking Appearance at CIMT and Competes with International Brands
  • 20 Patents Issued Worldwide, Cementing Company Leadership. First Ever Cable-Free 12-Lead ECG: HeartBeam, Inc. (Stock Symbol: BEAT)
  • NASDAQ Uplisting for Higher Market Exposure and Wide Corporate Benefits to AI Boosted Marketing Company On Track Towards $1 Billion Revenue by 2027
  • Congressional Men's Health Caucus Shows Bipartisan Consensus and Focus on Prevention, Mental Health, and Closing the Lifespan Gap
  • DuoKey, Axiomtek and Blue Edge Network Partner to Enhance Smart Cities with Privacy-Preserving Urban Safeguarding and Fleet Management
  • PNNL's Grid Storage Launchpad honored with 2025 BCI Innovation Award
_catLbl0 _catLbl1

Popular on Washingtoner

  • People & Stories/Gente y Cuentos Announces New Board Leadership & Corporate Partnership Initiative - 138
  • Mission 3A Establishes Healthcare Advisory Board with Addition of Industry Leaders Patrick Fisher, Kevin Cordell, and Dr. Greg Berlet - 137
  • HR Tech Awards Program Celebrates 6th Year: Showcases Top Hiring, Talent, and HR Technologies - 136
  • PebblePad Welcomes Justin Reilly as New CEO to Drive Innovation and Growth - 132
  • American Mensa Welcomes 7-Year-Old Savannah Boy - 116
  • Axiros Confirms Continued Compliance with ISO/IEC 27001:2022 After Surveillance Audit
  • S2C and Andes Technology Announce FPGA-Based Prototyping Partnership to Accelerate Advanced RISC-V SoC Development
  • Boston Industrial Solutions, Inc. Unveils Natron® 504N UV LED Inks Designed for EPSON Printheads
  • The Great Junk Hunt Returns to Puyallup – A Vintage Shopping Experience Like No Other!
  • Lyricalmar Set To Release Powerful New Ep "MARCHIVES" May 16

Similar on Washingtoner

  • Southbox Entertainment, FinTech Pioneer & Entrepreneur Jon Gosier Join Psychological Thriller The Dutchman as Financing Partner
  • SlotCycle Joins Association of Gaming Equipment Manufacturers (AGEM) to Advance Sustainable Gaming Solutions
  • RWA Infra Development L.L.C. announces the $RWAID token. "$RWAID tokenizing infrastructure for the masses."
  • Be Prepared for the Qualitative and Quantitative Effects of Tariffs: How Businesses Can Navigate Potential Disruption in Finances and Production
  • Lamar Odom Issues Public Challenge to X Platform Over Censorship of His Anti-Addiction Crypto Campaign
  • PBK Miner completes $80 million Series B financing to support AI cloud mining and increase user investment return by 25%
  • Fairmint Introduces First Fully Onchain and Open Cap Table Infrastructure
  • Vortex Brands Begins Gold Purchases Under New Joint Venture with Dubai-Based Partner
  • ScreenPoints Puts Film Investors in the Credits—and in the Money With New FinTech Platform
  • Adster Techologies awarded US Patent for breakthrough innovation in reducing latency in Ad Serving
Copyright © 2025 washingtoner.com | Terms of Service | Privacy Policy | Contact Us | Contribute