TrueBridge's blockchain fund TrueBridge Blockchain I has completed a fundraising of 62 million USD

2024-05-15 23:58:44
Collection

ChainCatcher news, TrueBridge Capital Partners announced that its five funds have completed fundraising of $1.6 billion, including:

  1. TrueBridge Capital Partners Fund VIII raised $884 million;
  2. TrueBridge Direct Fund III raised $253 million, focusing on late-stage technology companies;
  3. TrueBridge Secondaries I raised $230 million, focusing on a mixed portfolio;
  4. TrueBridge Seed&Micro-VC II raised $189 million, focusing on seed stage and micro venture capital;
  5. The blockchain fund TrueBridge Blockchain I raised $62 million, focusing on seeking a portfolio of high-potential blockchain projects.

It is reported that TrueBridge Capital Partners launched its blockchain fund for the first time. The fund's general partner, Mel Williams, stated that the fund recognized the potential of blockchain technology early on, and launching this dedicated fund emphasizes a continued commitment to this field.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators