PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

North Island Ventures closes second VC fund

North Island Ventures, a crypto-focused investment firm, has closed NIV Fund II with $125 million in capital commitments. The new fund will aim to make 30 to 40 early-stage investments in emerging crypto and Web3 companies and protocols, with initial investments ranging from $250,000 to $3 million.

NIV Fund II is North Island Ventures’ second new investment vehicle within the past year, bringing the firm’s total assets under management to approximately $300 million. 

These funds will support investments in Web3 infrastructure and applications spanning multiple layers, verticals, and use cases, across DeFi, NFTs, digital identity, blockchain cybersecurity, cross-chain interoperability, DeSci, and more.

 

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured