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 The Sandbox COO Sebastien Borget, 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.