Bonfire Union Ventures is the venture investment arm of Mask Network, focused on decentralized social networks, infrastructure, and the Open Web. Bonfire Union Ventures's Twitter Score is 3.4 out of 1000 as of July 2026, ranking #237,309 among 531,432 tracked accounts.
Bonfire Union Ventures was founded by Suji Yan as Founding Partner, with Mask Network serving as its largest cornerstone investor. The fund's strategy was initiated in July 2021, and its first fund held a first close at $42 million in July 2022. Plans for a second fund were announced in February 2024, with the combined funds representing $100 million. A Hong Kong Stock Exchange filing identified Bonfire Union LP as a fund owned by Mask Network.
Bonfire Union Ventures has built a broad ecosystem, with over 120 projects participating, including RSS3, Lens, and Scroll as cited examples. The fund has continued deploying capital, with participation in financings such as StakeStone and TBook reported in investment databases. Bonfire Union Ventures's portfolio includes LI.FI and TBook.
Bonfire Union Ventures publishes across 8 posts and has been mentioned by 6 accounts a total of 7 times, reflecting its presence within the Web3 investment community.
Who follows Bonfire Union Ventures on X?
The accounts that follow Bonfire Union Ventures include 22 founders, 7 angel investors, 7 influencers and 4 VCs, among them Minion, sk1337les.hl, Suji Yan, Mask Network mask.io, MaizERC20INTMAX and David Hume.