Blockchain Founders Fund Closes USD75M Fund

Blockchain Founders Fund (BFF), a Singapore-based early stage venture capital firm focused on Web3, closed its Fund II, at USD 75M.

Investors included family offices and institutions in the industry like Polygon, Ripple, Octava, NEO Global Capital , Appworks, Sebastien Borget, GSR, LD Capital, and Metavest Capital.

Led by Aly Madhavji, Managing Partner, and Tobias Bauer, and Mansoor Madhavji, Partners, the firm aims to support high growth potential pre-seed and seed stage startups that redefine and streamline the mass adoption of Web3 and blockchain technology. The team works closely with portfolio founders through its venture program that provides execution focused support across business functions including marketing, growth hacking, tokenomics, fundraising, and more to accelerate and drive success.

BFF has also built a global collective of more than 350+ executive advisors in its Expert Network, which provides a comprehensive environment for portfolio companies to collaborate with leading investors and industry experts, including business advisors, entrepreneurs, mentors and blockchain thought-leaders. The network connects its members to a wide range of resources and helps them establish meaningful relationships in the blockchain space.

Currently, BFF has invested in over 100 startups including Altered State Machine, Splinterlands, GRID, Krayon and Magna. They made 50 investments in the past 12 months.

FinSMEs

27/02/2023