London-based VC Felix Capital has brought in $600 million (its largest fund yet) to support established and emerging crypto and Web 3 projects.
According to a recent announcement, the London-based VC is targeting “long-term” investments in commerce and fintech firms. With the new funding, the firm is looking to double down on existing investments, as well as support emerging startups. It also plans on adding in new hires as partners, investors, and advisers.
As far as environmental conservation goes, Felix is one of the firms looking to promote sustainability.Felix Capital is one of the prominent investors backing the new David Marcus Bitcoin startup. The former Diem stablecoin project lead a new firm – Lightspark – in May, aiming to explore the utilities and capabilities of Bitcoin’s Lightning Network. The VC has also funded Sorare – a global fantasy football game where players can trade digital collectibles.includes leading companies like online food delivery firm Deliveroo, and transportation company Dott. Another is Moonbug Entertainment , among many others.to increase its portfolio count to between 20-25 companies based in Europe or North America.
But even then, it seems venture capitalists’ activities are far from subsiding, especially in matters of crypto and Web3. In April, the VC Andreessen Horowitz
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Moonbug And Goop Investor Felix Capital Raises $600 MillionI joined Forbes as the Europe News Editor and will be working with the London newsroom to define our coverage of emerging businesses and leaders across the UK and Europe. Prior to joining Forbes, I worked for the news agency Storyful as its Asia Editor working from its Hong Kong bureau, and as a Senior Editor in London, where I reported on breaking news stories from around the world, with a special focus on how misinformation and disinformation spreads on social media platforms. I started my career in London as a financial journalist with Citywire and my work has appeared in the BBC, Sunday Times, and many more UK publications. Email me story ideas, or tips, to iain.martinforbes.com, or Twitter _iainmartin.
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Moonbug And Goop Investor Felix Capital Raises $600 MillionI joined Forbes as the Europe News Editor and will be working with the London newsroom to define our coverage of emerging businesses and leaders across the UK and Europe. Prior to joining Forbes, I worked for the news agency Storyful as its Asia Editor working from its Hong Kong bureau, and as a Senior Editor in London, where I reported on breaking news stories from around the world, with a special focus on how misinformation and disinformation spreads on social media platforms. I started my career in London as a financial journalist with Citywire and my work has appeared in the BBC, Sunday Times, and many more UK publications. Email me story ideas, or tips, to iain.martinforbes.com, or Twitter _iainmartin.
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