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Ego Death Capital's Second Fund Completes $100 Million Raise, Focused on Supporting Bitcoin Ecosystem Company Expansion

5 hours ago

On July 8th, as per Axios, the second fund of Ego Death Capital has managed to raise $100 million. This fund is focused on providing support for the expansion of companies within the Bitcoin ecosystem. Typical target companies of this fund have annual revenues ranging between $1 million and $3 million. However, due to the limited funds available, their growth has been restricted. This new fund will mainly concentrate on the Series A funding stage, assisting proven companies in their scaling-up process. Additionally, a small portion of funds will be set aside for early-stage projects that show promising prospects (seed round) investment.
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