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Cryptocurrency venture capital firm Portal Ventures has completed an oversubscribed fundraising of approximately 90 million US dollars

Cryptocurrency venture capital firm Portal Ventures has completed an oversubscribed fundraising of approximately 90 million US dollars

Bitget2024/11/14 13:04

On November 14, early blockchain venture capital firm Portal Ventures is close to completing the final fundraising for its second fund, which has a scale of $75 million. Its founder and general partner Evan Fisher stated that the subscription amount of the fund has been oversubscribed, reaching $90 million. According to documents submitted to the U.S. Securities and Exchange Commission (SEC) in August, the initial target of the fund was $70 million, but Portal later decided to raise the cap by $5 million.

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