Sigma Capital plans to raise $100M fund, with $40M pre-committed

#SigmaCapital plans to raise $100M to invest in startups, liquid tokens and fund-of-funds. The venture capital has approximately $40M in pre-committed funds from crypto funds, high-net-worth individuals and angel investors. The first close is expected on June 30, with the final close anticipated 18 months later.

The portfolio is anticipated to include up to 100 early-stage venture deals with a median investment of $500,000, up to 25 liquid deals ranging from $2–3M each, and up to 10 fund-of-funds investments averaging $1M each

👉 theblock.co/post/334459/new-crypto-vc-sigma-capital-100-million-fund-40-million-pre-committed