Algo Capital raises $200m for new blockchain-focused VC fund

Algo Capital raises $200m for new blockchain-focused VC fund

Photo: REUTERS/Beawiharta

Blockchain-focused venture capital group Algo Capital has announced the closing of its new VC fund – Algo VC Fund – at $200 million, with backing from blockchain industry investors including NGC Ventures, which has offices in Singapore, Shanghai, and San Francisco.