Colombian capital supports blockchain and emerging tech with $2.3M fund
Blockchain development is one of four major programs in Bogotá’s new tech innovation fund. Colombia’s capital of Bogotá is funding blockchain development as part of the city’s broader investment in innovative technologies.According to a Monday announcement on the city of Bogotá’s official website, the municipal government will provide 8.8 billion Colombian pesos ($2.3 million) to local companies as part of four new programs in the city’s Innovation, Technology and Creative Industries Fund, or FITIC.The new funding includes a contribution of of 2.8 billion pesos, ($739,000) to the....
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Australia-based VC firm Future Capital has launched a US$30m global investment fund for bitcoin companies called the Future Capital Bitcoin Fund (FCBF). The firm - which is led by Domenic Carosa, a tech entrepreneur turned investor - says it is Australia's first dedicated investment fund for the digital currency. The FCBF is expected to go live this month and it is currently accepting investments in AUD, USD, RMB and BTC. Future Capital is also looking for companies interested in receiving funding. "Bitcoin has the potential to dramatically alter the manner in which transactions take place....