TrueBridge Capital, led by veteran investors Mel Williams and Edwin Poston, are raising a new fund targeting blockchain. And 39 investors are already backing the fund.
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Chapel Hill-based TrueBridge is looking to raise as much as $150 million for a second “fund of funds,” and already has more than $53 million committed.
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According to an SEC filing, Chapel Hill investment firm TrueBridge Capital Partners plans to raise $125M for a pooled investment fund focused on blockchain.
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TrueBridge Capital Partners announced this week it had raised $170 million from existing and new investors in its first fund-of-funds that will invest in seed and micro venture capital firms that invest in seed and early stage companies.
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TrueBridge, which according to its website, was founded in 2007, is an alternative asset management firm focused on generating superior returns.
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Founded in 2007, TrueBridge invests in venture and seed/micro-VC funds focused primarily on early-stage IT, as well as directly in select venture and growth stage technology companies.
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Founded in 2007, TrueBridge invests in venture and seed/micro-VC funds focused primarily on early-stage IT, as well as directly in select venture and growth stage technology companies.
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WRAL TechWire has made an another round of updates to our Triangle Startup Guide. Check out our summary of what was added last week.
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