# Draper Dragon

> Draper Dragon is an early-stage venture capital firm connecting Silicon Valley and Asia. It invests across blockchain infrastructure, fintech and AI, and supports founders through ecosystem funds, venture-building resources and accelerator partnerships.

- **Founded:** 2006
- **Headquarters:** San Mateo, United States
- **Founders:** Tim Draper (Co-founder), Larry Li (Co-founder), Andy Tang (Co-founder), Bobby Chao (Co-founder)
- **Products:** Early-stage venture investing, Orion Fund, Cyberport x Draper Dragon Joint Accelerator, BitcoinFi Accelerator
- **Notable:** Participated in Ledger’s $75 million Series B in January 2018., Participated in Otter.ai’s $50 million Series B in February 2021., Announced the initial phase of the strategic $80 million Orion initiative with Cardano in April 2026.

## Products & services

- **Early-stage venture investing** — Capital and strategic support for technology startups.
- **Orion Fund** — Cardano ecosystem investing with venture-studio and acceleration support; initial phase announced as part of an $80 million strategic initiative.
- **Cyberport x Draper Dragon Joint Accelerator** — Three-month programme for blockchain, AI and data-science startups, with a selective Silicon Valley component.
- **BitcoinFi Accelerator** — Six-week programme co-led with Draper Associates, Thesis and Supernormal Foundation; Cohort 3 received $150,000 per company.

## Achievements

- Participated in Ledger’s $75 million Series B in January 2018.
- Participated in Otter.ai’s $50 million Series B in February 2021.
- Announced the initial phase of the strategic $80 million Orion initiative with Cardano in April 2026.

## Latest updates

- **2026-10** — Announced participation in Spout’s strategic round on October 15.
- **2026-10** — Announced participation in Mogul’s $15.5 million Series A on October 13; this is the total round, not Draper Dragon’s contribution.
- **2026-10** — Announced Xverse investment alongside Orion on October 6; round terms undisclosed.
- **2026-07** — Announced investment in Skalor on July 30.
- **2026-06** — Published six BitcoinFi Cohort 3 graduates and standard accelerator check size.

## Links

- Website: https://www.draperdragon.com/
- LinkedIn: https://www.linkedin.com/company/draper-dragon
- Twitter/X: https://x.com/draperdragon
- Facebook: https://www.facebook.com/draper-dragon-fund-1511875165608230

---

Profile page: https://yespress.io/draper-dragon
Published by YesPress — https://yespress.io
Last updated: 2026-10-27