Tento príspevok bol pôvodne publikovaný na stránke https://cointelegraph.com/news/maven-11-capital-raise-120m-in-secondary-funding-round a autorom článku je Cointelegraph By Tom Farren. Tento článok je iba kópia originálneho článku.

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Digital asset investment firm Maven 11 Capital has announced a $120 million funding round for its private investment establishment, Venture Fund II, in a move that will further expand its financial footprint across emerging sectors of decentralized finance (DeFi) and Web 3.0. The funding round builds off a successful inaugural raise of $40 million in June of this year. 

Established in May 2017, Maven 11 Capital has invested in 27 companies exclusively within the DeFi and Web 3.0 space. The firm was the lead investor in private seed rounds for data oracle service RedStone and metaverse stack firm Odyssey in July and November 2021, respectively.

Maven 11s investment strategy focuses primarily on identifying emerging technologies. As such, the firm has amassed capital in a number of projects, including stalwart cryptocurrency assets Bitcoin (BTC) and Ether (ETH), in addition to Aave (AAVE), Uniswap (UNI) and Yearn Finance (YFI), as well as more speculative positions in nascent projects OlympusDAO, Nym Tech, and Arweave, among others.

Related: 1inch Network concludes $175M Series B led by Amber Group

Maven 11’s venture fund highlights a growing investor appetite for identifying and investing in emerging blockchain and crypto plays. As Cointelegraph reported on Wednesday, former Wall Street veteran Matt Zhang launched a $1.5 billion crypto fund dedicated to investing in promising blockchain plays as well as trading in crypto assets. Zhang’s Hivemind Capital Partners is one of at least three multi-billion-dollar crypto startup funds, the other two being run by Andreessen Horowitz and Paradigm.