Maven 11 Capital raise $120M in secondary funding round -Breaking
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Maven 11 Capital, a digital asset investor, has raised $120 million for Venture Fund II. This will allow Maven 11 Capital to expand its financial reach in emerging areas of decentralized finance (DeFi), and Web 3.0. This funding round follows a $40 million initial raise in June.
Maven 11 Capital, founded May 2017, has invested exclusively in companies in the DeFi and Web3.0 spaces. In July 2021 and November 2021 respectively, the firm led private seed rounds to fund metaverse stack company Odyssey and data oracle service RedStone.
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