The leadership of the Russian Internet-holding SDVentures intends to invest in bitcoin and the blockchain-the Blockchain startups Capital Fund IV $2 million writes About this Venture News.
According to the founder of the holding company Dmitry Volkov choice on the Blockchain Capital fell by chance, since this Fund to date is one of the most experienced players in the North American market. Holding SDVentures plans to build its own expertise in the field of investments in blockchain technology.
The volume of the investment portfolio SDVentures is $550 million In its investment activities, the company is giving preference to European and North American IT start-UPS.
In the autumn of last year the company Volkova became an investor Mangrove Capital Partners, providing new Fund of the company Mangrove V $3 million SDVentures Partners are venture capital funds, as Gagarin Capital Partners, DN Capital, iTech and Target Global. During his work on the market SDVentures invested in more than 50 online projects like Academia, TripTogether, Layer, LinguaLeo. Dating.com etc.
Blockchain Capital Fund was established in 2013. During his work in the market he invested in companies like Kraken, Coinbase, Circle, Ripple, etc.
We will remind, recently a venture Capital company Blockchain raised $150 million investment.