附近上门

Crypto investor announced the launch of a new $650 million fund鈥攊ts largest to date.

The new Dragonfly Fund III is the San Francisco-based firm鈥檚 third鈥攆ollowing its first $100 million fund in 2018 and a $200 million fund from 2020, according to 附近上门 data.

In a , , managing partner at Dragonfly, said the firm will back companies from 鈥渟eed to Series B and beyond.鈥�

Limited partners in the new fund include , and , .

Dragonfly has previously invested in companies including , and .

The fund is one of several new crypto-focused funds to be announced in the last two months鈥攅ven as funding to crypto startups in the first quarter of the year was down from the previous quarter.

In late February, San Francisco-based crypto-native investment firm unveiled a new $200 million 鈥渃rypto seed fund鈥� to invest in early-stage startups in crypto, blockchain and Web3.

Then in March, San Francisco-based crypto asset management firm announced the closing of a new $1 billion fund and officially announced it will double down in the crypto space, unveiling its new 鈥攂randed as .

Finally, it was recently San Francisco鈥揵ased has created BessemerDAO, a group to discuss trends and pool resources to invest in crypto. It also was reported Bessemer has earmarked $250 million of its new $2.5 billion fund for deals in crypto.

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