Ego Death Capital's Second Fund Completes $100 Million Raise, Focused on Supporting Bitcoin Ecosystem Company Expansion

BlockBeats News, July 8th, according to Axios, Ego Death Capital's second fund has raised $100 million, focusing on supporting Bitcoin ecosystem companies' expansion.

The typical target companies of the fund have annual revenues ranging from $1 million to $3 million, but due to limited funds, their growth has been hindered. This new fund will mainly focus on the Series A funding stage, helping proven companies scale up, while also setting aside a small amount of funds for early-stage projects with promising prospects (seed round) investment.