Key industry investors including Polygon, Ripple, Octava, and AppWorks helped Blockchain Founders Fund (BFF), a Singapore-based VC firm that supports early-stage blockchain firms globally, close its Fund II.
BFF, which was established in 2018, invests in pre-seed and seed-stage businesses that develop novel solutions using Web3 and blockchain technology.
Via its venture curriculum, which includes lessons on marketing, growth hacking, tokenomics, and financing among other topics, BFF assists its portfolio firms in expanding their enterprises. Moreover, it has established a global network of more than 350 executive advisers that link its portfolio firms with influential financiers and subject-matter specialists.
About 100 firms, including Altered State Machine, Splinterlands, GRID, Krayon, and Magna, have previously received funding from the venture capital company.
BFF intends to broaden its reach internationally and keep assisting creative entrepreneurs that are reshaping the Web3 and blockchain industries.
Kratos Studios, an Indian Web3 game company, just bought IndiGG, one of BFF’s portfolio companies. Moreover, the latter garnered around $20 million in startup funding.
