Algo Capital gathers $200 mln for venture fund

Algo Capital has closed its venture fund at $200 million, beating its $100 million target. Algo VC Fund will invest in businesses that are building on the Algorand technology platform. The fund's backers include Brainchild, NGC Ventures, Arrington XRP Capital, Eterna Capital, GSR, Cognitive Blockchain, Rokk3r Inc, Wibson, 11-11 Ventures, DG Ventures, Winslow Strong and Invermaster.

27 August 2019•3 mins read
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