ChainCatcher news, recently, Forbes China announced the 2024 list of the Top 100 Most Influential Chinese People in the World, and Shawn SHI, co-founder of Oak Grove Ventures, has once again made the list, marking his second consecutive year receiving this honor. This accolade highlights Shi Xiang's outstanding strength in the global technology innovation and investment field.In the business sector, Shawn SHI and his team at Oak Grove Ventures have achieved significant results in cutting-edge technology areas such as Web 3.0, artificial intelligence, and biotechnology, thanks to their unique investment philosophy and precise project selection. They not only have a wide-ranging influence globally but have also made positive contributions to promoting technological advancement and social development.Regarding being selected for the Forbes Global Top 100 Most Influential Chinese People for two consecutive years, Shawn SHI stated: "This is a great recognition of my personal efforts and those of the Oak Grove Ventures team. We will continue to uphold the principles of innovation and pragmatism, seeking and supporting those potential entrepreneurs to jointly promote technological progress and social development."

ChainCatcher news, Oak Grove Ventures announced an investment in the real-time ZK proof network service provider ZEROBASE. The participants in this round of financing also include several well-known institutions such as Binance Labs, Lightspeed Faction, Matrix Partners, and IDG.ZEROBASE, launched by Salus, is dedicated to creating a privacy-preserving computing network tailored for ZK use cases. The project aims to be an innovator in ZK technology, providing a solution that coexists privacy and transparency without compromise. ZEROBASE has built the fastest privacy-preserving prover network, directly addressing the efficiency and confidentiality issues associated with ZK proof generation.Oak Grove Ventures is a fund focused on early investments in the cryptocurrency and Web3 space. This investment demonstrates confidence in ZEROBASE's potential to advance the development of ZK technology and privacy-preserving computing. This investment is expected to accelerate the adoption of ZK technology across various application scenarios and promote the development of innovative solutions that balance privacy protection and transparency.

ChainCatcher news, recently, the Oak Grove Ventures - Zhejiang University School of Software Blockchain Joint Laboratory team won the first prize at the CCF2024 China Digital Services Conference Service Computing Innovation Competition.This competition is co-hosted by the Teaching Guidance Committee for Software Engineering of the Ministry of Education of China and the Service Computing Special Committee of the China Computer Federation, making it one of the most influential events in the field of computer science in China, and it enjoys a high reputation internationally.The goal of the award-winning project is to utilize new generation information technologies (such as the Internet of Things, artificial intelligence, big data, etc.) to build a wide-ranging, responsive, and highly intelligent water area supervision system. Through technological innovation, this system can significantly enhance the efficiency and accuracy of water area supervision, achieve rapid identification and response to malicious behaviors, provide scientific basis for ecological protection of water areas, and ultimately realize intelligent water area governance. This project not only showcases the team's outstanding capabilities in scientific research and innovation but also highlights their excellent spirit of collaboration.

ChainCatcher news, Oak Grove Ventures announced an investment in the Bitcoin ecosystem oracle service provider APRO Oracle. Participants in this round of financing for APRO Oracle also include Polychain, ABCDE, Franklin Templeton, CMS Holdings, Comma3 Ventures, UTXO Ventures, Presto Labs, and others.APRO Oracle provides high security and fast response services covering over 15 public chains and more than 140 types of assets. Its Oracle 3.0 platform combines Bitcoin-level security with cutting-edge technology, serving multiple ecosystems such as TON Blockchain, Scroll ZKP, BNB Chain, and Mantle, while maintaining a leading position in the field of Bitcoin-native services.Oak Grove Ventures is a Singapore-based fund focused on early investments in the cryptocurrency and Web3 space, having successfully supported over 50 projects and 12 funds. This investment demonstrates confidence in APRO Oracle's potential to drive Bitcoin liquidity and decentralized applications, and is expected to accelerate the adoption of secure and efficient oracle services in the multi-chain ecosystem.

ChainCatcher news, Oak Grove Ventures announced its participation in the $4 million seed round financing for the Web3 game "Legend of Arcadia" (abbreviated as LOA). This round of financing attracted participation from several well-known investment institutions, including Animoca Brands, OKX Ventures, Arche Fund, Selini Capital, and SNZ Capital. In addition, Sebastien Borget, co-founder of The Sandbox, also joined this round of financing as an angel investor.It is reported that LOA is a multi-chain free-to-play casual strategy card game developed by Hong Kong game developer Mugen Interactive, which integrates traditional gaming elements with the Web3 GameFi 2.0 concept. The game is scheduled for official release in the fourth quarter of 2024, and this financing will be used to accelerate the game's development process. Oak Grove Ventures is an investment fund headquartered in Singapore, which has successfully supported over 50 projects and 12 funds.As a fund focused on early investments in the cryptocurrency and Web3 fields, Oak Grove Ventures is optimistic about the rich experience of the LOA development team in game production. The team consists of members from well-known Web2 gaming companies such as Tencent, Hero Entertainment, and Xishanju, with over 15 years of industry experience. Oak Grove Ventures will leverage its investment experience and resource network in the Web3 field to assist LOA in accelerating development and promoting its global adoption.

ChainCatcher news, Oak Grove Ventures announced its participation in the $4 million seed round financing of the Movement ecosystem DeFi project Meridian. This round of financing was co-led by ParaFi Capital and Borderless Capital, with well-known institutions such as Amber Group, Saison Capital, and Interop Ventures also participating.It is reported that Meridian is a decentralized liquidity market and liquid staking protocol platform built on the Movement network. The platform utilizes smart contracts based on the Move language to provide deep liquidity for cooperative agreements while offering users secure and efficient asset yields. Meridian aims to become the central liquidity and yield hub of the Movement ecosystem, bridging the gap between the Move ecosystem and existing EVM and SVM solutions to provide users with broader DeFi opportunities.Additionally, the Web3 asset data platform RootData shows that Oak Grove Ventures is an early-stage investment fund focused on cutting-edge fields such as cryptocurrency, having successfully supported over 50 projects and 12 funds.

ChainCatcher news, at the Oak Grove Crypto 2024 held on April 5, Oak Grove Ventures partner Sally mentioned in her keynote speech "Fund's Investment Thesis This Year" that Oak Grove Ventures has undertaken some innovative work since 2023.Technically, Oak Grove Ventures is innovating around data encryption, data processing, data transfer, and data privacy to ensure the transparency and positive interaction of its transaction processes.In terms of community, Oak Grove Ventures places great emphasis on various communities in the crypto market, having localized partners in different regions, especially establishing extensive connections in the Asia-Pacific region.Sally stated that Oak Grove Ventures is a team with diverse backgrounds and a unique community culture, aiming to provide partners with a holistic, effective, and consistent strategy to help them grasp the development trends for the next five years.

ChainCatcher news, at the Oak Grove Crypto 2024 held on April 5, Oak Grove Ventures co-founder Shawn detailed the establishment and philosophy of Oak Grove Ventures in his opening speech. His team consists of professionals from well-known institutions such as NGC, GSR Ventures, Coinbase, and Google.Shawn mentioned that Oak Grove Ventures currently has a fund size of 60 million USD, and its difference from traditional funds lies in being more professional, more flexible, and faster. Many entrepreneurs in the industry currently have a "偏科" situation, "excelling in only one subject while completely unaware that they need to study another ten subjects," lacking a holistic perspective. Good entrepreneurs need to find a good team to handle financing, marketing, branding, internationalization, listing on exchanges, market cap management, community building, ecosystem development, and long-term operations and planning, among other things. Since the Oak Grove Ventures fund is composed entirely of professionals, it will act from a more professional perspective of the entire industry, possessing a stronger viewpoint to complete the entrepreneurial process.It is reported that Oak Grove Crypto 2024 is initiated by Oak Grove Ventures and co-hosted by Polyhedra, Alchemy Pay, Ritual, and ChainCatcher, aiming to gather elite individuals in the Web3 field to discuss and anticipate the development trends of the industry over the next five years. This grand event is expected to attract 500 to 1,000 industry elites, including innovation leaders, technical experts, and industry investors. They will engage in in-depth discussions on hot topics such as AI, DePIN, gaming, crypto payments, and Bitcoin infrastructure.

ChainCatcher news, Oak Grove Ventures disclosed that former Libra technology lead and founding team member Ethan Wang has joined Oak Grove Ventures as a technology partner, and former Coinbase Vice President and LinkedIn Head of Data Science Michael Li has joined Oak Grove Ventures as a technical advisor. Also joining Oak Grove Ventures is former Harmony co-founder & CTO RJ Lan.The addition of technical experts Ethan Wang and Michael Li will provide Oak Grove Ventures with better strategic support in the areas of crypto, data, machine learning, and artificial intelligence amidst the changing industry landscape.It is reported that Oak Grove Ventures was formerly a family office and officially announced its establishment in September this year, currently managing a fund size of $60 million, focusing on early-stage investments in cutting-edge technology fields such as Web3, artificial intelligence (AI), and biotechnology. (source link)

ChainCatcher news, Oak Grove Ventures has disclosed its investment in the Web3 data-driven influencer network Aki Network. Aki Network leverages on-chain data products and the influence of its influencer (KOL) network to transparently and verifiably track the promotional performance of crypto KOLs, helping businesses and individual users accurately assess promotional activities and make more informed decisions. Through Aki Network's mid-tier and long-tail KOL network, project parties not only enhance user engagement but also establish sustainable partnerships with KOLs, further improving marketing return on investment.It is reported that Aki Network has successfully connected with hundreds of Web3 projects, 237,000 independent user addresses, and nearly 2,400 influencers, with successful cases including EthSign, SynFutures, the Michael Jackson Foundation, Fusionist, and Cradles.

ChainCatcher news, Oak Grove Ventures has disclosed its investment in the well-known crypto venture fund Nomad Capital, partnering to shape the future development of the crypto industry.It is reported that Nomad Capital received investment from Binance in March this year. The fund mainly focuses on blockchain infrastructure, DeFi, gaming, and consumer dApps, aiming to create value for its portfolio projects through various means, including product consulting, business development, token economics design, talent recruitment, and token launch strategies.

ChainCatcher news, Ryder is a hardware development company dedicated to simplifying Web3, aiming to seamlessly integrate Web3 technology into daily life and eliminate the complexity of its use for the general public. Currently, Ryder's flagship product is the world's first hardware wallet that protects user assets through social relationships.It is reported that Ryder has established partnerships with industry pioneers such as the design studio Anamaly, the crypto fund Bitcoin Frontier Funds, and the well-known Bitcoin Layer 2 solution Stacks. (Source link)

ChainCatcher news, recently, Shawn Shi, Managing Partner of Oak Grove Ventures, was selected by Forbes (Chinese version) as one of the Top 100 Most Influential Global Chinese Elites in 2023.The 100 top Chinese representatives and outstanding emerging leaders selected this time come from various regions of the world in the fields of business and culture. This fully demonstrates Oak Grove Ventures' strong global influence and significant development potential.With its global vision, rich network resources, and focus on early investments in cutting-edge technologies (Web3, artificial intelligence, and biotechnology), Oak Grove Ventures will work with global entrepreneurs and leaders to drive and lead a new round of technological revolution and industrial transformation, exploring new paths for growth. (Source link)

ChainCatcher news, according to Oak Grove Ventures, has currently invested in 8 funds with a total investment amount exceeding 15 million dollars. The 8 funds include: Nomad Capital, MetaWeb Ventures, UpHonest Capital, Draper Dragon, ShangBay Capital, GeekCartel, IOSG Ventures, and Taihill Venture. Oak Grove Ventures stated that this investment will help further expand Oak Grove Ventures' resource network, enhance strategic synergy value, achieve diversification of the fund portfolio, and provide more robust long-term returns.

ChainCatcher news, Oak Grove Ventures has launched a $60 million venture capital fund that will focus on early-stage investments in cutting-edge technology fields such as Web3, artificial intelligence, and biotechnology.Oak Grove Ventures, formerly a family office, has invested in over 30 projects, with a disclosed portfolio that includes 8 funds and 14 high-quality projects, including SpaceX and Neuralink. Its team members include Alchemy Pay co-founder Shawn Shi, former Libra technical lead Ethan W, former Harmony CTO RJ Lan, former Coinbase Vice President Michael Li (technical advisor), former Lightspeed China assistant partner Zac Pan, and former Sino Global VP Sally W, among others.