Felix Capital, a venture capital firm, has just raised $600 million in new funding to invest in web3 and blockchain startups.
“We are delighted to announce that we have closed oversubscribed funds totaling $600 million,” the firm tweeted after the fundraise yesterday.
The fund’s aim was $500 million, and it was oversubscribed by 20%, according to Felix Capital in a blog post.
Felix Capital has been approached by Decrypt regarding the current funding round.
Following the financing, the London-based firm, dubbed “venture capital for the creative class,” now has $1.2 billion in total assets under management.
“We’re broadening our horizons, with plans to increase our exposure to Web3, a new platform for creativity, community, and, of course, business,” Felix Capital announced in a blog post.
In an interview with Forbes, Felix Capital’s founder and investment partner, Frederic Court, stated that the company is actively looking to invest in at least “25 startups” across Europe and North America that tap into changing customer behavior.
