Ego Death Capital closes $100 million in second fund to support bitcoin businesses

Odaily News Ego Death Capital has raised $100 million for its second fund, which is focused on supporting the expansion of Bitcoin ecosystem companies. The fund's typical target companies have annual revenues between $1 million and $3 million, but their growth has been hampered by funding constraints. The new fund will focus on the Series A round of financing, helping companies with proven results to scale up, while also reserving a small amount of funds for early-stage (seed round) investments with promising prospects. (Axios)