Kraken Ventures to boost $100M in second fund, with concentrate on ‘early stage founders’

Citing the group’s in depth expertise in having accomplished “tons of of early stage investments,” Brandon Gath, managing associate for Kraken Ventures, informed Cointelegraph in an e mail that the brand new fund would concentrate on early stage founders however would supply help all through the enterprise:

This marks the second fund from Kraken Ventures. Its earlier fund raised $65 million, based on Crunchbase, and was introduced Dec. 17, 2021. The second fund’s $100 million goal represents an enormous uptick, even because the enterprise marketplace for blockchain and cryptocurrency-adjacent initiatives seems to be in considerably of a decline.

Proceed Studying on Coin Telegraph