Felix Capital Raises $600M to Invest in Web3 Projects

Reading Time: < 1 minute

UK-based venture capital company Felix Capital has raised $600 million for a Web 3.0-focused investment fund.

According to the firm, the volume of the subscription has exceeded the planned $500 million. The structure was launched in 2015. This is the fourth fundraising for it, which brought the invested capital to $1.2 billion.

According to the statement:

“We are expanding our areas of interest by deepening our exposure to Web 3.0, a new platform for creativity, coexistence and, of course, entrepreneurship.”

With the new fund, Felix intends to support 20-25 companies over several years, mainly in Europe and selectively in North America.

If you like our content and want to support us, please follow us on X, Facebook and Instagram and don’t miss the latest news!