Blockchain Founders Fund receives support from Octava
BFF receives investment from Octava Digital Assets on their Fund II
SINGAPORE, 6 October 2022 /PRNewswire/ —Blockchain Founders Fund (BFF)a venture capital fund that focuses on early-stage Web3 startups globally, has received funding from Octave Digital Assets, the digital assets team of Singapore-based family office Octava that invests across the spectrum from seed to listed cryptocurrencies.
Octava joins the lineup of renowned investors in BFF, including Shima Capital, NEO Global Capital (NGC), Tsangs Group, Baksh Capital, NLS Ventures, TechMeetsTrader, Cadenza Capital and GSR to support the fund.
Blockchain Founders Fund receives support from Octava
The funding will be used to invest in promising early-stage startups that build infrastructure and applications in Web3. BFF has been an early investor in a number of highly successful blockchain companies, including Altered State Machine (ASM), Splinterlands, Great, Dogami and Crayon.
Backed by an experienced team of 350+ experts with a successful track record in identifying, building and scaling high-growth businesses, BFF provides promising web3 startups with access to a full suite of support services, including seed funding, technical advice, mentorship and access to its extensive, high-caliber network investors and partners.
Gene Yan OoiGP at Octava Digital Assets said, “At Octava, we find it incredibly important to be part of a future that supports Web3 innovation. We believe Blockchain Founders Fund’s focus on investing in the best early-stage companies will help drive showcase the most promising entrepreneurs and startups that are building the future of blockchain technology to new heights.“
Tobias Bauercommented the principal of Blockchain Founders Fund on the investment, “We are incredibly excited to bring Octava on board as an LP. Being a globally renowned family office with an incredibly strong presence in Asia, we are confident that this collaboration will drive new investment opportunities for the fund at an accelerated rate. We look forward to working with Octava, who shares our vision of building a sustainable future for Web3.”
About Octave
Octave is a family office based in Singapore which has several investments across various industries, mainly focusing on property investment, property development, financial technology and lifestyle concepts. Led by an experienced team, with extensive wealth of knowledge in business and management, Octava believes in long-term sustainable investments and value creation through strategic partnerships.
Other industries that Octava has invested in include information technology, technology funds, education, resources and life sciences.
About Blockchain Founders Fund
Blockchain Founders Fund (BFF) is a Singapore based early stage venture capital fund investing in top tier Blockchain startups globally. Their industry-leading go-to-market focused Venture Program helps experienced and first-time entrepreneurs across key business functions to track growth. BFF has scaled many of the leading Blockchain startups and is always looking to connect with exceptional founders across the Web3 and Blockchain ecosystems.
Media contact:
Michiko Yuda
[email protected]
SOURCE Blockchain Founders Fund
