Venture firm Felix Capital announced that its investment fund now owns more than $1.2 billion.
Felix Capital attracted
$600 million for investments in companies working on Web3 projects and blockchain. It is noteworthy that the initial goal of the fund was to raise $500 million, which, according to the company, once again confirms the faith of investors in this fast-growing industry.
The company’s strategy will not change – its funds will continue to finance the “digitalization of customer experience.” Felix Capital plans to invest in 20-25 companies in Europe and North America over the next few years. The scope of the company’s interests will also expand, in particular on Web3, since this direction is considered the most promising.
“Felix was founded with the vision that the rapidly changing consumer desires represent a huge opportunity and require tremendous attention. Since then, we have built a portfolio in line with that vision, supporting new and culturally significant consumer brands and the technology behind them,” said Felix Capital founder Frederic Court.
Felix has invested in companies such as SellerX, Juni, Mirakl, ANINE BING and others specializing in consumer products and travel. However, in addition to this, the company invests in software provider Forter, developers of security systems and cryptocurrency wallets of the same name Ledger, as well as the creators of the Ethereum-based football blockchain game Sorare.
Earlier, the Crypto.com crypto exchange and the Cronos blockchain ecosystem announced the creation of a $100 million fund for the development of decentralized finance (DeFi), metaverses and Web3.
Source: Bits
I’m James Harper, a highly experienced and accomplished news writer for World Stock Market. I have been writing in the Politics section of the website for over five years, providing readers with up-to-date and insightful information about current events in politics. My work is widely read and respected by many industry professionals as well as laymen.
