{"id":35789,"date":"2022-09-12T00:04:10","date_gmt":"2022-09-12T04:04:10","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=35789"},"modified":"2022-09-12T00:04:13","modified_gmt":"2022-09-12T04:04:13","slug":"bloccelerate-raises-bar-to-100m-for-second-funding-round","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bloccelerate-raises-bar-to-100m-for-second-funding-round\/","title":{"rendered":"Bloccelerate Raises Bar To $100M For Second Funding Round"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\" id=\"h-the-fund-has-already-raised-20-million-which-is-more-than-the-firm-s-first-fund-which-was-12-million\">The fund has already raised $20 million, which is more than the <a href=\"https:\/\/www.google.com\/search?q=more+than+the+firm%27s+first+fund&sourceid=chrome&ie=UTF-8\" target=\"_blank\" rel=\"noreferrer noopener\">firm's first fund<\/a>, which was $12 million.<\/h5>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"748\" height=\"558\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/09\/image-73.png\" alt=\"Bloccelerate Raises Bar To $100M For Second Funding Round\" class=\"wp-image-35791\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/09\/image-73.png 748w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/09\/image-73-300x224.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/09\/image-73-150x112.png 150w\" sizes=\"(max-width: 748px) 100vw, 748px\" \/><figcaption>Bloccelerate Raises Bar To $100M For Second Funding Round<\/figcaption><\/figure>\n\n\n\n<p>In a filing with the <a href=\"https:\/\/coinscreed.com\/staging\/prasaga-receives-u-s-patent-for-blockchain-computer-operating-system.html\" target=\"_blank\" rel=\"noreferrer noopener\">U.S. Securities and Exchange Commission<\/a> on Friday, Bloccelerate said that it wants to raise $100 million for its second fund. Commission on Securities and Exchange.<\/p>\n\n\n\n<p>Since it started on August 25, Bloccelerate VC Fund II has already gotten $20 million from 26 investors. Even though this is only a fifth of the goal, it is already more than the firm's $12 million start-up fund in late 2020.<\/p>\n\n\n\n<p>Online News Crypto correspondence asked Seattle-based Bloccelerate for a comment, but had not heard back by the time the paper went to press.<\/p>\n\n\n\n<p>Bloccelerate puts money into seed funding rounds, Series A funding rounds, and <a href=\"https:\/\/coinscreed.com\/staging\/gmx-tokens-serve-as-proxy-for-ethereum-layer-2-solution.html\" target=\"_blank\" rel=\"noreferrer noopener\">tokens<\/a>. Due to the bear market, global venture capital investments in the crypto industry were down 26% from the same time last year to the first half of 2022. However, the number of deals stayed healthy, which could mean that there were more small deals.<\/p>\n\n\n\n<p>Bloccelerate was started in 2018. General partners Kate Mitselmakher and Sam Yilmaz are in charge of the company. The firm's website says that it has invested in the collaborative lending platform MakerDAO, the Avalanche <a href=\"https:\/\/coinscreed.com\/staging\/prasaga-receives-u-s-patent-for-blockchain-computer-operating-system.html\" target=\"_blank\" rel=\"noreferrer noopener\">blockchain<\/a>, and the blockchain security company Quantstamp.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fund has already raised $20 million, which is more than the firm&#8217;s first fund, which was $12 million. In a filing with the U.S. Securities and Exchange Commission on Friday, Bloccelerate said that it wants to raise $100 million for its second fund. Commission on Securities and Exchange. Since it started on August 25, [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":35791,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[11329,132,1975],"class_list":["post-35789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bloccelerate","tag-crypto","tag-funding-round"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/09\/image-73.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/35789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=35789"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/35789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/35791"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=35789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=35789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=35789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}