We’re very happy to affix forces with Algo Capital, a brand new $200 million enterprise fund based by David Garcia and Arul Murugan. We have now invested within the fund, which is able to concentrate on the Algorand ecosystem.
We be a part of our mates on the Algorand Basis, Neo International Capital, Eterna Capital, GSR, Cognitive Blockchain, Rokk3r, Wibson, 11-11 Ventures, DG Ventures, Winslow Robust, Invermaster and different buyers in supporting this new fund.
Algo Capital solely takes commitments in Algos, very similar to our personal XRP-only coverage. We’re very excited to be buyers within the new fund, and look ahead to co-investing in new blockchain tasks with them sooner or later.
Finance Magnates: Algo VC Fund Raises $200M to Promote Algorand Blockchain
BusinessWire: Algo Capital Closes Algo VC Fund at $200 Million
hypepotamus: ATLANTA-BASED VCS RAISE $200M BLOCKCHAIN FUND
Blockchain Information: Algo Capital Closes Algo VC Fund at $200 Million – Doubling Expected $100 Million