Your Position Home Flash News

Solana Labs early investor Foundation Capital raises $600 million for its 11th fund

Silicon Valley venture capital firm Foundation Capital has raised $600 million for its 11th fund and will continue to focus on supporting early-stage startups. Foundation Capital said 80% of its investments occur before the company generates a dollar of revenue. Foundation Capital was one of Solana Labs ‘early investors, participating in its 2019 $20 million Series A financing. According to its website, its cryptocurrency portfolio also includes Binance US, OpenSea, MoonPay and others.(The Block)
 

read the original

Popular Articles