BlueYard Capital, a Berlin, Germany-based newly formed venture capital firm, has closed its first fund at $120m.
Launched by Ciarán O’Leary and Jason Whittier, former Earlybird Venture Capital investors, BlueYard will invest in early stage tech companies based in Berlin and across Europe.
The firm is thesis driven, based on decentralization of markets and the belief that entrepreneurs will continue to build networks and platforms on the web and the blockchain to enable individuals and organizations to transact directly amongst each other, democratize capabilities, free data making it more usable and portable.
The team also include Chad Fowler (Venture Partner), Lisa Halmschlager (community manager) and Julia Stroppe (Operations).
O’Leary introduced the firm and the entire effort in a dedicated post in his blog here.