Matt Cheng

Investing Profile

Sweet spot: $750K Range: $500K–$1M Fund: $250M

Cherubic Ventures thesis

Founder & Solo GP Matt Cheng #Investor #Founder #Athlete The only thing I did when no one believed in me, was to believe in myself. The power of believing was so strong that it was able to turn impossible into possible. Matt is the founder and managing partner of Cherubic Ventures. He has 15+ years of entrepreneurial and venture investment experience in Silicon Valley and Greater China, and was named a “Top 40 under 40” early-stage investor in China by Cyzone in 2013, 2014, 2015 and 2016. Born in Taipei, Matt grew up in the US and launched his career in Greater China. Before starting his caree

Sector and stage focus

  • Series B: TransportationTech, Web3/Blockchain, Consumer Health, Web3/Crypto, Entertainment & Sports, E-commerce, Enterprise, Wellness & Fitness
  • Series A: TransportationTech, Entertainment & Sports, Consumer Health, E-commerce, Web3/Blockchain, Web3/Crypto, Enterprise, Wellness & Fitness
  • Seed: Entertainment & Sports, TransportationTech, Web3/Blockchain, Consumer Health, Web3/Crypto, E-commerce, Wellness & Fitness, Enterprise
  • general: San Francisco Bay Area, Angel, Scout, and Solo-Capitalists

Recent investments by Matt Cheng

Matt Cheng has 5 named past investments in the public record. The most recent:

Company Stage Date Round size
Groovenauts Series Unknown May 2020 $7M
Bitmark Series B Jul 2022 $6M
Inference.ai Seed Jan 2024 $4M
Highstreet Seed Aug 2021 $5M
Aspen Digital Seed Aug 2021 $9M

Frequent co-investors

Matt Cheng has co-invested with: Cyril Ebersweiler, Steve Chen.

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