In brief
- Blockchain Capital is raising $700 million across two new funds, according to Bloomberg sources.
- The venture capital firm is pursuing its seventh early-stage fund and second growth fund simultaneously.
- The firm has already begun deploying some of the new capital, with the fundraising round expected to close within five to six months.
Blockchain Capital is raising $700 million across two new funds, according to Bloomberg.
Citing a source familiar with the matter, Bloomberg reported that the venture capital firm is simultaneously pursuing its seventh early-stage fund and its second growth fund, and has already deployed some of the new capital.
The fundraising effort builds on Blockchain Capital’s existing portfolio of over $2…
