Kraken Ventures, an independent investment firm targeting early stage companies and protocols across the crypto and fintech ecosystem, has closed its first fund, Kraken Ventures Fund I LP at USD65 million.
Kraken Ventures, an independent investment firm targeting early stage companies and protocols across the crypto and fintech ecosystem, has closed its first fund, Kraken Ventures Fund I LP.
In addition to Kraken as the anchor LP, the fund raised capital from a broad group of global institutional investors.
Kraken Ventures is headquartered in Austin, Texas, with a distributed team in New York and London. The fund targets initial investments in the USD500k to USD2m range. Its investment strategy is based on a long-term investment horizon and hands-on approach. The team works side-by-side with its portfolio companies to build and scale their businesses by offering strategic guidance, sourcing new commercial opportunities and providing capital support.
