The first fund of $40 million was fully deployed, and the second fund raised $75 million, oversubscribed to $90 million.
Organizations Involved
a16z, KKR, Insight Partners
Founders
Evan Fisher, Catrina Wang
Company Description
Portal Ventures is a pre-seed crypto venture fund that focuses on writing first checks into companies and finding deals before they become widely known. The firm aims to invest in early-stage blockchain projects, leveraging its unique investment thesis to achieve high alpha and risk-reward potential.
Market
Blockchain Investments
Location
USA
Coinvestors
Chris Dixon, Marc Andreessen, KKR, Insight Partners