TechFlow reported on November 1, according to Bloomberg, citing sources familiar with the matter, that Superscrypt, a blockchain venture capital firm backed by Singapore's sovereign wealth fund Temasek, is planning to raise up to $100 million for its second fund. Temasek and New York-based fintech company Republic will serve as general partners (GP) and key investors of the fund.
Since beginning investments in 2022, Superscrypt has invested in over 20 projects, including Microsoft-backed software developer Space and Time and blockchain operator Aptos Labs, focusing primarily on early-stage projects involving protocols and Web3 technology applications that enhance blockchain usability.
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