Singapore VC Blockchain Founders Raises $75M for New Fund

Blockchain Founders Fund raised $75 million for its BFF II fund from a range of investors, including NEO Global Capital, AppWorks, and Sebastien Borget, chief operating officer of The Sandbox, a video game and metaverse app, the company said in a release Monday.

The fund said it has already invested in a number of companies, including decentralized derivatives exchange FXDX and video games tech startup Breshna.Singapore-based Blockchain Founders Fund has been an early investor in blockchain, crypto, Web 3 and metaverse startups.”We’re very excited by the enthusiasm and support from key industry leaders to back entrepreneurs that will shape the Web3 ecosystem,” ​​Blockchain Founders Fund Managing Partner Aly Madhavji said.