European VC Blossom Capital Raises $432M For Investments in Tech, Crypto: Report

Posted on by American Coins & Gold

European VC Blossom Capital Raises 2M For Investments in Tech, Crypto: Report
London-based venture capital (VC) firm Blossom Capital has raised $432 million to invest in early-stage technology startups in Europe, including crypto, according to a Bloomberg report published on Tuesday.The VC has earmarked one-third of the funding for crypto investment, according to the report.“We aren’t looking to just invest in crypto assets, we are also eyeing equity stakes in early-stage companies developing crypto infrastructure,” founder Ophelia Brown said.One of Blossom Capital’s most notable investments in the crypto sphere is payments infrastructure company Moonpay. In November, Moonpay raised $555 million at a valuation of $3.4 billion.The round was led by Coatue and…