🕚Here’s a flashback to an exciting and bold VC fund launch from earlier this year. 💸 In Q2 2024, Equilibrium Ventures (EQV), a Helsinki, Finland-based firm which is part of the Equilibrium Group (EQG), successfully secured €6 million during the initial close of its inaugural €30 million blockchain fund. Equilibrium Ventures Fund I attracted commitments from several notable limited partners, including strategic investors, family offices, and high-profile LPs such as BORGET Sebastien, Mask Network and Jigeum Capital. 💡 EQV focuses on funding early-stage #blockchain infrastructure projects. This includes investments in scaling technologies and real-world applications that aim to bring #web3 to mainstream adoption. Their typical investment per start-up ranges from $250k to $1m, primarily targeting #preseed and #seedstage projects, with occasional #seriesA investments. 🌍 #Europe 📈 EQV expects to fully deploy the fund in the next 12 months. EQG has backed portcos including API3, Arcium, Flowstate Games, Gevulot, Starknet Foundation, Zengo Wallet, among others off its own balance sheet. 💭 “With a network of approximately 70 blockchain engineers, the fund is uniquely positioned to help start-ups develop robust blockchain technologies.” - EQV 🗞️ Nurçin Metingil ArcticStartup https://lnkd.in/dyDp5hBp 👏 For the #AudaciousInvestors unleashing innovation and empowering tomorrow🚀 Olli Tiainen I Henrik Sundvik I Chris(Topher) A. I Ville Tapani I Vesa-Ville Piiroinen I Otto Wirkkala I Team EQV … #venturecapital #vc #funds #startups #entrepreneurs #funding #tech #entrepreneurship #technology #innovation #Helsinki #Finland #venture
