Blockchain Capital Raises $13 Million for Second Startup Fund

Blockchain Capital Raises $13 Million for Second Startup Fund

Venture firm Blockchain Capital has closed its second investment fund for bitcoin and blockchain technology startups after raising $13m. According to Forbes, the fundraise was oversubscribed, having had an original target of $10m. The announcement follows Blockchain Capital's $7m fund, revealed last June. The firm said that it drew from the second fund over the course of 2015, using the proceeds to make investments in 23 startups focused on bitcoin and blockchain projects. Brad Stephens, managing partner for the firm, said in a statement: "We are excited to announce the closing of our....


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Blockchain Capital Seals Second Startup Fund after Raising $13 Million

Venture capital firm Blockchain Capital has announced the closure of its second fund used for investments in bitcoin- and blockchain-companies after fundraising $13 million in total. Blockchain Capital, a venture capital firm that set the precedent as the first investment fund for the digital currency industry has sealed its second startup fund for $13 million. A press release revealed that the second fund has already been used for investments in 2015, with a total of 23 bitcoin and blockchain technology companies invested into. In a statement, managing partner and co-founder Brad Stephens....

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Blockchain Capital has raised $7m toward a second investment fund for bitcoin and blockchain technology ventures. The firm, formerly known as Crypto Currency Partners, is helmed by Bitcoin Foundation board chairman Brock Pierce. It has invested more than $1.2m in 29 bitcoin and blockchain industry startups including Blockstream, Coinbase, Ripple Labs and Xapo to date. Notably, the rebranding comes at a time when many of the more mainstream companies associating with the technology, including Nasdaq and USAA, are voicing their interest in the blockchain, bitcoin's underlying decentralized....

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Bitcoin investment fund Bitcoin Capital has raised more than $1 million on the equity crowdfunding platform Bnk To The Future, SiliconANGLE reports. At the time of writing, almost 600 investors have bought in, with three days to go until the end of the fundraiser. Fifty percent equity will be split between the investors. Bitcoin Capital, a high-risk, high-return fund, is run by renowned financial journalist Max Keiser and Simon Dixon, co-founder of Bnk To The Future, an online investment website for crowdfunding small businesses mainly focused on financial innovation. The fund, open to....