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Blockchain Founders Fund Announces Final Close of Its 75M Fund

Cointime Official

Blockchain Founders Fund (BFF) announced the final close of its Fund II with participation from key investors, family offices and institutions in the industry including Polygon, Ripple, Octava, NEO Global Capital (NGC), Appworks, Sebastien Borget COO of The Sandbox, GSR, LD Capital, Metavest Capital, and more. BFF's Fund II aims to support high growth potential pre-seed and seed stage Web3 and blockchain startups.

The firm announced its principal close of BFF Fund II early last year. BFF is one of the leading venture capital funds in the industry, with a focus on supporting high potential early stage (pre-seed and seed) startups that redefine and streamline the mass adoption of Web3 and blockchain technology.

Currently, BFF has invested in over 100 startups including Altered State Machine, Splinterlands, GRID, Krayon and Magna. Despite the bear market BFF continues to be amongst the most active Web3 investors, making 50 investments in the past 12 months. The team works extremely closely with portfolio founders through its venture program that provides execution focused support across business functions including marketing, growth hacking, tokenomics, fundraising, and more to accelerate and drive success.

BFF has also built a global collective of more than 350+ executive advisors in its Expert Network, which provides a comprehensive and exciting environment for portfolio companies to collaborate with leading investors and industry experts, including business advisors, entrepreneurs, mentors and blockchain thought-leaders. The network connects its members to a wide range of resources and helps them establish meaningful relationships in the blockchain space.

The successful close of BFF Fund II marks a milestone for Blockchain Founders Fund. Since the fund's launch in 2018, BFF has had the privilege to partner with some of the most innovative startups in Web3 landscape and has made significant investments. As the firm looks ahead, it is eager to expand its footprint globally, further solidifying its commitment to shaping the future of Web3 and blockchain technologies.

Blockchain Founders Fund is a leading early stage (seed and pre-seed) Web3 Venture Capital fund which invests in top-tier founders globally.BFF helps curate strategic partnerships, hire talent, accelerate growth and ensure portfolio founders are well capitalized.

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