Start-ups with designs on making it big in the fast-growing world of blockchain and cryptocurrencies will be targeted by two new funds focusing on the Australian market, with almost $44 million to spend.
Apollo Capital, founded by venture capital fund Dominent Venture Partners' Domenic Carosa and Holger Arians and Wall Street veteran Henrik Andersson, is attempting to raise a minimum of $30 million and will specialise in crypto asset investments, which it defines as digital currencies, blockchain-based assets and initial coin offerings.
At the same time an $80 million global blockchain development fund,
NEM.io Foundation, is expanding to Australia, with its global director of partnerships and strategic alliances, Jason Lee, planning to deploy around $14 million locally.
Mr Carosa said as the market continued to mature, he expected to see more funds targeting cryptocurrency and blockchain investments.
Full story:
http://www.afr.com/technology/vcs-target-australian-blockchain-and-cryptocurrency-firms-with-44m-in-funds-20171120-gzpg9f?btis---- FOLLOW NEM ----
NEM Websites:
https://nem.io/https://nemflash.io/Facebook:
https://www.facebook.com/ourNEM/Youtube:
https://www.youtube.com/channel/UCnsSiqyb0PuQkqT4v8Xjugwhttps://www.youtube.com/channel/UC1rMoMdDtHTXXfRg_iR-QJQTwitter:
https://twitter.com/nemofficialhttps://twitter.com/inside_nemhttps://twitter.com/2017LonTelegram:
https://t.me/nemredhttps://t.me/nemberiahttps://t.me/newsonnemBCT:
https://bitcointalk.org/index.php?topic=654845.0
