Photo credit: Civil Service College Singapore
Blockchain Founders Fund (BFF), a Singapore-based VC firm that backs early-stage blockchain startups worldwide, has closed its Fund II with support from key industry investors such as Polygon, Ripple, Octava, and AppWorks.
Launched in 2018, BFF invests in pre-seed and seed-stage startups that use Web3 and blockchain tech to create new solutions.
BFF helps its portfolio companies grow their businesses through its venture program that covers marketing, growth hacking, tokenomics, and fundraising, among other topics. It has also created a global network of more than 350 executive advisors who connect its portfolio companies with leading investors and industry experts.
The VC firm has already backed over 100 startups, including Altered State Machine, Splinterlands, GRID, Krayon, and Magna.
BFF plans to expand its presence globally and continue to support innovative startups that shape the future of Web3 and blockchain.
One of BFF’s portfolio firms, IndiGG, was recently acquired by Kratos Studios, a Web3 gaming venture based in India. The latter also raised about US$20 million in seed money.
Editing by Lorenzo Kyle Subido
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