Electric Capital, a crypto-focused venture capital firm, recently raised $1B in new funding. The company intends to deploy the funds in check-sizes between $1M and $20M. The VC is engineering focused, leveraging its internal software and data systems to support the projects the company has invested in. The announcement comes as leading crypto-focused VC’s, Paradigm, Pantera, and PTX, all respectively raised over $1B in recent months.
Crypto VC Electric Capital Raises $1B in New Funding