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gumi Cryptos Capital (gCC) raise USD100 million for new fund to invest in blockchain startups

gumi Cryptos Capital (gCC), a blockchain-focused venture capital firm, has raised USD110 million for a second blockchain-focused early-stage fund gCC Fund II.

With 36 portfolio companies, gCC Fund I has already backed many of the strongest entrepreneurs in the space including leading the strategic seed round of NFT Marketplace OpenSea and placing a seed investment into Yield Guild Gaming. gCC Fund I has many strong early-stage investments in portfolio including unicorns like Celsius Network, Qredo, Agoric, Astar, 1inch, VEGA protocol and more.

Fund II will target exceptional developers, projects, DAOs, guilds, apps, games, and protocols at any layer at the earliest stage and is chain-agnostic. Fund II will invest in both equity and tokens. gCC expects to invest between USD500,000 to USD5 million per project through both initial and follow-on investments.

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