10 Aug '18, 11am

Singapore’s VC Firm Debuts $10 Million Crypto Fund https://t.co/jFjh4ng2CK

Golden Gate Ventures, an early-stage venture capital firm based in Singapore, is launching a $10 million fund that will invest in blockchain and crypto companies, Reuters reported today. The crypto fund is known as LuneX Ventures and is a result of a partnership between Golden Gate Ventures and the company’s ex-head of growth Kenrick Drijkoningen. LuneX Ventures has appointed Drijkoningen as the Founding partner and Tushar Aggarwal as a full-time associate. In an email interview with Asia’s tech newspaper e27 , Drijkoningen wrote, “Targeted size of the fund is US$10 million with a final close to happen within this year. We have a strong pipeline of five to 10 investments ready to go and made our first commitment to Singapore-based Sparrow Exchange already.” In the official press release, LuneX Ventures explained that it is looking for startups that focus on “scalable infra...

Full article: https://bitrazzi.com/singapores-vc-firm-debuts-10-million...

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