Maven 11 Boldly Aims for $100 Million in Funding for Their Third Crypto Venture Fund!

Maven Ventures Aims to Achieve $100 Million in Funding for Third Crypto Fund

Well, well, well, hold on to your digital wallets, folks! Amsterdam-based crypto venture capital firm Maven 11 is back at it again, unleashing its third fund with a goal of snagging a whopping $100 million. Talk about aiming high!

But what exactly does this research-driven fund plan to do with all that dough? Well, according to a press release from the firm, Maven 11 is on a mission to “redefine ownership” by investing in early-stage crypto projects. They’re looking for those projects that have the potential to shake things up like a tornado in a piggy bank.

So far, they’ve managed to secure a third of that sweet $100 million from limited partners (LPs), and they’re confident they’ll close the deal by the first half of 2024. That’s some serious coin, my friends.

Balder Bomans, the Managing Partner and Chief Investment Officer at Maven 11, couldn’t contain his excitement. He firmly believes that the crypto sector is primed and ready to revolutionize how we transact and trade in this increasingly digital era. He’s all about unlocking value for the everyday user, giving the power back to the people.

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But this announcement isn’t Maven 11’s first rodeo. They’ve already made waves with their initial venture investment in Celestia, the world’s first modular blockchain network. That’s right, they’re breaking down barriers and building the future brick by digital brick.

Joining the Maven 11 dream team as a new General Partner is Mathijs van Esch, who’s been part of the crew since 2017. He’s all about that thesis and research-driven approach, seeking out founders who are ready to challenge the status quo. No more sticking to the traditional playbook, it’s time to disrupt and conquer.

And it seems they’ve caught the eye of the big players in the industry. Ruud Smets, from Theta Capital Management, is jumping on board as an anchor investor in Maven 11’s third fund. He can’t contain his excitement, praising Maven 11 for their uncanny ability to spot important innovation early on and contribute to industry research. Talk about making all the right moves.

But what sets this fund apart from the rest? Well, a portion of this cash injection will go towards supporting builders in Maven 11’s Modular Program. They’re looking for visionaries who are developing applications in the emerging modular blockchain ecosystem. Yep, they’re building a bridge to the future, one block at a time.

So, whether you’re an investor looking for the next big thing or a builder with an innovative idea, it’s clear that Maven 11 is the place to be. They’re not just playing the game, they’re rewriting the rules.

Now, excuse me while I go dust off my crystal ball and see what Maven 11 has in store for us next. It’s going to be one wild ride!

Who’s ready to redefine ownership and unlock the true potential of the crypto universe with Maven 11? Let us know in the comments below!

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