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Blockchain Founders Fund holds first close of USD75m venture fund

Blockchain Founders Fund has held the first close of its USD75 million BFF II, with participation from notable investors from across the blockchain and crypto industry including NEO Global Capital (NGC), Appworks, Sebastien Borget COO of The Sandbox, GSR, LD Capital, Metavest Capital, TechMeetsTrader, Zipmex, Baksh Capital, Octava, and Aria Group, as well as major smart contract audit firms, blockchain/crypto influencers and many more leading companies and individuals in the blockchain space.

BFF aims to be an early investor to entrepreneurs building promising blockchain, crypto, web3, metaverse startups and provide tailored hands-on support to them through the venture program.

BFF II’s investment strategy is a continuation of the success of the venture programme model, investing into pre-seed and seed stage projects, and then following on, investing up to USD5 million into future funding rounds.

The first investments from BFF II have been made into a handful of companies including FXDX, GRID, RD Land, Rebelbots, Health Hero, The Apocalyptics, FuseFi, Cross the Ages, and Dogami.

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