Electric Capital, a venture capital firm focused on the cryptocurrency, blockchain, fintech, and marketplace industries, announced it is raising a new $300 million, early-stage fund called Electric Capital Venture Fund III. The firm, founded in 2018, has an impressive track record of impactful financial allocations in the Web3 domain. And while their previous strategy largely involved acquiring digital tokens, the new fund’s investment thesis will likely focus more on related foundational and infrastructure technologies.
Electric Capital Eyes a New $300M Venture Fund Amidst a Subdued Crypto Year
