TechFlow reported, according to The Block, that Amsterdam-based crypto venture capital firm Maven 11 is seeking $100 million in funding for its third fund. The company aims to close the fund by the first half of next year. So far, one-third of the total $100 million has been committed by limited partners. Maven 11 is part of M11 Group, a global blockchain and cryptocurrency investment company.
Theta Capital Management, a crypto-focused fund-of-funds that has invested over $600 million in the sector to date, is a key investor in the third fund.
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