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Portfolio Companies
Key Investments
HIC Fund I launched in 2021 and Fund II in 2025. Combined we have invested in over 25 startups, many of them in the Polkadot and wider Web3 ecosystem. Below are four prominent examples in our portfolio.
01
Polkadot is a multi-chain blockchain platform that enables different blockchains to interoperate securely and share data, while giving users true ownership and control over their data and digital interactions.
02
Mandala Chain is a modular, enterprise-ready blockchain infrastructure focused on compliant, sovereign chains for governments and businesses, particularly in emerging markets, with built-in AI agent support and privacy-preserving identity solutions.
03
Peaq Network is a layer-1 blockchain designed for the Machine Economy, powering decentralized applications for DePIN, AI-driven machines, robots, and devices to create real-world value and rewards for users. Enterprises already using Peaq's infrastructure include Airbus, Deutsche Telecom, NTT.
04
Mythical Games is a blockchain gaming company that builds player-owned economies and true digital asset ownership into its games through the Mythos Chain and its developer-friendly Mythical Platform. Recent popular releases include FIFA Rivals and Pudgy Penguins.
OUR TEAM
Based in Asia with roots in Europe, our team combines decades in traditional finance with experience in Web3 since the early days of Bitcoin.
Max Rebol
Managing Partner and CEO
Max is a prolific public speaker on everything Web3, decentralisation and Polkadot. After co-founding Harbour Industrial Capital, he also launched PolkaPort East, a HK-based growth initiative for Polkadot. Max has a Background in TradFi, working 6 years at Deutsche Bank and Morgan Stanley in HK. He hold a PhD from Fudan University, and a MSc from London School of Economics
Mario Altenburger
Managing Partner and CIO
Mario is a seasoned investor across asset classes in public & private markets. He has 14 years in primary capital markets with Bank of China, raising over US$500 billion in over 1,000 issuances, and winning over 100 awards. He spearheaded the bank's international expansion leading landmark transactions, building up entire process from order placement, allocation, settlement and hedging. Mario hold a MA in Mathematics of Finance from Columbia University and an MA in International Economics from University of Innsbruck
The Harbour Industrial Capital Way
Access to Alpha in Web3, without the hype
Years of specialised experience in Web3, is now scaling into a disciplined multi-strategy fund, capturing both venture-stage growth and liquid yield in the foundational layers of Web3 and the next wave of AI-driven decentralised systems.
01
Deep Web3 expertise + multi-chain expansion
Our track record of building and investing in the Polkadot ecosystem, now combined with a disciplined entry into high-conviction opportunities across other leading Web3 networks.
02
Hybrid investment approach that captures both growth and yield
We combine early-stage venture investments with active liquid strategies (staking, liquidity provision, coretime, DePIN, AI agents), creating multiple return vectors in the same high-value themes.
03
Infrastructure-first mindset in the Web3 + AI convergence
Focused on foundational layers, protocols, and enabling technologies where real usage and economic value are emerging—positioning the fund at the center of the next wave of decentralized intelligence and machine economies.
Seeking Absolute Returns in Volatile Markets
Sector conviction with deep pattern recognition
We invest where we have genuine domain expertise and have seen multiple cycles of value creation, allowing us to identify mispriced opportunities early.
Multi-stage, multi-return engine
Combining early-stage venture investments with active management of liquid strategies to generate both asymmetric upside and consistent yield within the same high-conviction themes.
Infrastructure-first mindset
Focused on foundational technologies, protocols, and enabling layers that power real usage and long-term economic value — rather than short-lived applications or hype cycles.