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Five TrueBridge funds raised $1.60 billion, with TrueBridge Blockchain I raising $62 million

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2024-05-15 15:57:58
TrueBridge Capital Partners announced that five funds have raised $1.60 billion, including:
1. TrueBridge Capital Partners Fund VIII completed the 884 million USD fundraising;
2. TrueBridge Direct Fund III completed a $253 million fundraising and will focus on mid-to-late stage technology companies.
TrueBridge Secondaries I completed a $230 million fundraising to focus on a mixed portfolio.
4. TrueBridge Seed & Micro-VC II completed a $189 million fundraising, focusing on seed stage and small and micro venture capital.
5. Blockchain fund TrueBridge Blockchain I raised $62 million, focusing on finding a portfolio of high-potential blockchain projects.
It is reported that TrueBridge Capital Partners has launched a blockchain fund for the first time. Mel Williams, general partner of the fund, said that the fund recognized the potential of blockchain technology early on, and the launch of this exclusive fund emphasizes the continued commitment to this field.
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