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

by Aurelia Butler 14 August 2023, 22:20 199 Views

This marks the second fund from Kraken Ventures. Its previous fund raised $65 million, according to Crunchbase, and was announced Dec. 17, 2021. The second fund’s $100 million aim represents a massive uptick, even as the venture market for blockchain and cryptocurrency-adjacent projects appears to be in somewhat of a decline.

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Source: Cryptocurrency - investing.com

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

Stocks making the biggest moves after hours: Discover Financial, Lennar, Getty Images and more

Brazil’s Magalu blames wider quarterly loss on high borrowing costs

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