Fasanara Capital has launched a $350mn fund aimed at FinTech and Web3 solutions.
In Brief:
Fasanara is a London based asset management and technology platform that has already backed startups like ScalaPay.
The hedge fund currently has more than $3.5bn AUM and has opened this VC fund to external investors.
This is its third fund and it aims to find the “next generation” of Web3 and FinTech innovation.
What does this mean?
Fasanara Capital CEO Francesco Filia commented: “Having gained a reputation as the leader in the space, we are now seeing a dealflow of unprecedented quality and we want to capitalise on it. We are excited about opening up our venture capital investment fund to external investors who also see the size of this opportunity and can help amazing founders to build world-beating companies.”
