Gumi Cryptos Capital Raises $110 M to Invest in Blockchain Startups

Gumi Cryptos Capital (gCC), headquartered in San Francisco and Tokyo, is a blockchain investment fund centered around rising blockchain startups. Gumi Cryptos has announced the launch of an early-stage fund for $110 million. What Does the Funding Round Aim to Achieve? This is the second fundraised by the venture capital firm to support 50 blockchain companies in their early stages, announced managing partner Rui Zhang. These startups will consist of blockchain games, infrastructure, DeFi, tools, Web3 applications, DAOs, and guilds. Miko Matsumura, the managing partner notes that we lead lives in an experimental age where existing institutions and infrastructure are failing us and the way forward is experimenting. “Tokens represent monetary experimentation powering Web3, DAOs, and guilds are governance experiments. NFTs are experimental digital assets are metaverse is a collection of experimental realities.” Earlier this week, Miko Matsumura announced the launch of their $110 million funding on Twitter. Gumi Cryptos Capital launches $110M fund to invest in blockchain startups https://t.co/KCauJQecQN via @deantak — Miko Matsumura 🇺🇦 (@mikojava) March 30, 2022 Gumi Cryptos Partnerships and Investments The first funding round of the blockchain investment fund was for $21 million and Gumi had partnered with OpenSea, Yield Guild Gaming, Celsius Network, Qredo, Agoric, Astar, 1inch, and VEGA for the same. In the second funding roun...