ChainCatcher news, alternative asset management company EJF Capital LLC has raised $104 million for its EJF Ventures Fund.It is reported that the EJF Ventures Fund will seek to invest in early-stage fintech startups, with a particular focus on areas such as blockchain infrastructure, banking technology, and wealth management and capital markets software. The fund will also provide strategic guidance and capital to startups focused on offering innovative solutions in real-time payments, data analytics and coordination, risk management, and customer acquisition.

ChainCatcher news, Qiming Venture Partners announced the completion of the fundraising for its seventh RMB fund, with a scale of 6.5 billion yuan. The fund will continue to invest in outstanding early and growth-stage projects in the technology, consumer, and healthcare sectors. With this, Qiming Venture Partners' total assets under management have reached 9.5 billion USD, managing 11 USD funds and 7 RMB funds. It is understood that Qiming Venture Partners started this RMB fund in mid-2021, completed the first closing in 2022, and the final closing in 2023.Qiming Venture Partners has previously invested in several Web3 projects, including the NFT data analysis platform NFTGo, the metaverse social platform BUD, the DeFi infrastructure IncrementFi on the Flow blockchain, the Web3 data infrastructure BlockVisio, and the blockchain infrastructure service provider InfStones. (Source link)

ChainCatcher news, according to Coinpost, the Japanese venture capital firm Skyland Ventures' fund "Skyland Ventures No.4 Fund" has completed fundraising of 5 billion yen (approximately 38 million USD), with participation from the SBI Group. The fund was established in April 2022 and primarily invests in Web2 and Web3 companies, having invested in projects including the Layer 2 network Taiko. (source link)

ChainCatcher news, according to CoinDesk, based on a filing submitted to the U.S. Securities and Exchange Commission (SEC) on March 30, the game-focused venture capital firm Bitkraft has raised $220.6 million for its second "token fund." The total fundraising target for this fund is $240 million.It is reported that Bitkraft launched a similar fund in October 2021, aimed at investing in blockchain games and digital entertainment, securing $7.5 million in committed capital.Bitkraft was founded in 2016 by gaming and esports veteran Jens Hilgers, focusing on seed to Series B financing for game studios, gaming platforms, and game-related technologies in both Web2 and Web3. Bitkraft's managed assets have grown to approximately $600 million, with one-third related to Web3. The company's funds include an esports-focused fund, a general venture capital fund, and two token funds. The company's investments are made through a combination of equity and tokens.Additionally, according to data platform Rootdata, Bitkraft's recent investments include Eve Online developer CCP Games and blockchain-supported mobile game developer Jungle. (source link)

ChainCatcher news, according to Bloomberg, Alfred Shang, CEO and co-founder of financial investment firm BitRock Capital, stated in an interview that with the support of logistics real estate operator GLP Pte, BitRock Capital aims to complete fundraising for a new fund in the third quarter, intending to raise $100 million.It is reported that the new fund will target software-as-a-service and digital opportunities in China, fintech companies in Southeast Asia, as well as global startups in digital asset infrastructure and the Web3 space.BitRock Capital was established in 2018 and has invested in more than 20 companies, including Swiss digital bank Sygnum bank, London digital asset exchange Archax, and Hong Kong virtual insurance company OneDegree. (source link)

ChainCatcher news, according to a filing submitted to the U.S. Securities and Exchange Commission (SEC) on Wednesday, Cathie Wood's Ark Invest has raised over $16 million for a new cryptocurrency fund.The fund has two versions, one in the U.S. and one in the Cayman Islands, with the U.S. fund raising $7,281,630 from 9 investors, while the Cayman Islands fund raised $8,993,330 from a single investor. Both funds opened for investment on March 1 and do not have a specific fundraising target, as they are private funds open only to a limited number of investors. (source link)

ChainCatcher news, Sequoia China Seed Fund announced that its third seed fund has completed fundraising of $480 million last year. Currently, Sequoia's seed management scale is nearly 15 billion RMB, making it one of the largest early-stage funds in the country, and it is the third dollar fund raised by Sequoia China in the past five years since it was separately listed in 2018.According to reports, Sequoia Seed primarily targets startups from seed to Series A rounds. In recent years, Sequoia Seed has focused on sectors with technology-driven, structural innovation, and high growth attributes, including new energy and "dual carbon," the EV industry chain, innovative medical technology, synthetic biology, fintech, basic software, robotics, design and content platforms, efficiency tools, and new consumption. It has also begun to pay attention to and start investing in early-stage companies in the AIGC field. (source link)