Blockchain Founders Fund Announces Final Close of Its 75M Fund

SINGAPORE, February 27, 2023 /PRNewswire/ -- Blockchain Founders Fund (BFF), announced the closing of its Fund II. Key investors, family offices, and institutions including Polygon and Ripple, Octava and NEO Global Capital (NGC), Appworks and Sebastien Borget COO at The Sandbox, GSR and Metavest Capital participated in the event. In early 2013, the firm announced that BFF Fund II had been closed. Aly Madhavji is the Managing Partner of Blockchain Founders Fund. He said that Blockchain Founders Fund was grateful for the support it received from industry leaders and top institutions. We have made significant investments in industries that are changing through our partnerships with some of the most innovative startups within the Web3 ecosystem. We will continue to support the next generation visionary entrepreneurs, who are shaping Web3 and Blockchain technologies' future as we close the fund. BFF currently invests in more than 100 startups, including Splinterlands and GRID. BFF has made 50 investments in the last 12 months, despite the bear market. BFF also has a global network of over 350+ executive advisors within its Expert Network. This provides portfolio companies with an exciting and comprehensive environment to work with industry experts and business advisors. Mansoor Madhavji (Partner at Blockchain Founders Fund), stated that "Building meaningful relationships" is the core of what they do. He said that "Building mutual respect, shared goal and supporting each other's successes is a hallmark of our company." Tobias Bauer, Blockchain Founders Fund Partner, said that he is excited to work with portfolio companies and provide them with the necessary tools to be a leader in this space. BFF Fund II's successful closing marks a significant milestone for Blockchain Founders Fund. BFF Fund II was launched in 2018. Since then, the fund has been able to partner with some the most innovative startups in the Web3 landscape. It has also made substantial investments. Blockchain Founders Fund, a Web3 Venture Capital fund that invests in high-quality founders worldwide, is a leader in early stage (seed or pre-seed), Web3 Venture Capital funds. We invest in high-promising startups, focusing on the go-to market and using a hands-on approach that drives value. BFF assists portfolio founders in accelerating growth, sourcing talent and curating strategic partnerships. SOURCE Blockchain Founders Fund