The Blockchain Founders Capital Micro Fund Raises 15 Million Euros for Web3 Investment
According to reports, Blockchain Founders Capital, a German blockchain venture capital firm, announced that its Micro Fund has completed a fundraising of 15 million euros. The fund
According to reports, Blockchain Founders Capital, a German blockchain venture capital firm, announced that its Micro Fund has completed a fundraising of 15 million euros. The fund will focus on early investments in the Web3 field, identify and invest in the most promising Web3 startups and projects, and promote the transition of users, creators, and aggregators from Web2 to Web3. Currently, the venture capital has completed The Last Gameboard, The Mirror Investment in six projects including AdHash and Proof.
Blockchain Founders Capital’s micro fund completed a fundraising of 15 million euros
The adoption of blockchain technology has been on the rise since its inception, and it has been embraced across various sectors of the economy. Startups are particularly leveraging the potential of blockchain technology to launch innovative products and services, and investors have not been left behind in supporting the industry’s growth. Blockchain Founders Capital, a German blockchain venture capital firm, has recently announced the completion of a €15m fundraising campaign aimed at supporting early-stage investments in the Web3 field.
What is the Blockchain Founders Capital Micro Fund?
Blockchain Founders Capital is a Berlin-based micro venture capital firm that was started in 2018. The firm seeks to invest in blockchain and crypto projects that aim to change the world. The co-founder and CEO, Jakob Drzazga, believes that the next version of the internet will be built on blockchain technology. This is why the firm is focusing on early-stage investments in the Web3 field.
The Micro Fund is a new initiative by Blockchain Founders Capital that seeks to identify and invest in promising Web3 startups and projects. The fund aims to help accelerate the adoption of blockchain technology by promoting the transition of users, creators, and aggregators from Web2 to Web3. It is also expected to help bridge the gap between traditional finance and the evolving blockchain industry.
What are the Investment Criteria for the Blockchain Founders Capital Micro Fund?
The Micro Fund has a set of criteria that it uses to identify potential investment options. The fund targets Web3 companies that are looking to initiate, grow, or evolve their products or services. Companies should also be working on decentralized protocols, particularly those that can sustainably impact the ecosystem. Additionally, the companies should exhibit strong technical abilities, scalability prospects, and founders with a proven track record.
Projects Supported by the Blockchain Founders Capital Micro Fund
Blockchain Founders Capital’s Micro Fund has already invested in six projects. These include AdHash, which is a privacy-focused advertising platform that leverages blockchain technology. Another project is The Last Gameboard, a virtual reality platform that develops board games on the blockchain. Additionally, the firm has made an investment in Proof, a blockchain-based platform that aims to revolutionize the event industry.
Furthermore, Blockchain Founders Capital has also invested in The Mirror, which is an NFT platform that allows artists to monetize their work on the blockchain. The fund has supported DIA as well, a decentralized oracle platform that provides reliable and transparent price data. Finally, the fund has invested in Bitquery, a blockchain-based analytical platform that provides real-time data about cryptocurrency markets.
Conclusion
The Blockchain Founders Capital Micro Fund’s successful fundraising campaign is a clear indication of the growing interest in blockchain investments. The fund’s focus on the Web3 field is particularly promising, given the potential that blockchain technology has to revolutionize the internet. The investments made in innovative projects such as AdHash, Proof, and The Mirror are likely to have a far-reaching impact on their respective industries. With the Micro Fund now operational, the stage is set for supporting more startups and projects that seek to leverage blockchain technology’s capabilities.
FAQs
Q1. What is Blockchain Founders Capital, and what is its investment focus?
Blockchain Founders Capital is a venture capital firm that invests in blockchain and crypto projects aiming to change the world. The firm has a particular focus on early-stage investments in the Web3 field, supporting startups, creators, and aggregators transitioning from Web2 to Web3.
Q2. How much has the Blockchain Founders Capital Micro Fund raised?
The Micro Fund has raised €15 million to support early-stage investments in the Web3 field.
Q3. Which projects has the Blockchain Founders Capital Micro Fund invested in?
The Micro Fund has already invested in six projects, including AdHash, Proof, and The Mirror.
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