Odaily News: GMG Ventures, a London-based early-stage venture capital firm, has been renamed Mercuri. In addition to rebranding, its first multi-LP fund has successfully raised £50 million.
Alan Hudson, the founding general partner of the venture capital fund, stated that the new fund will invest in early-stage companies in the creator economy, privacy and gaming, and community sectors.
In previous news, NFT token protocol Unlock Protocol raised $4 million in funding, with GMG Ventures and Metacartel Ventures China leading the investment.