Lemniscap, an investment firm for emerging cryptocurrencies, shares groundbreaking news to support the nascent Web3 trends by raising funds of $70 million. Through this fundraising project, Lemniscap will back the new Web3 trends and their pioneer founders.
Lemniscap’s fund and broad vision will open numerous opportunities in the blockchain space. This reasonable amount of funds will be used in Decentralized Physical Infrastructure (DPI), Phygital, Security, developing Bitcoin ($BTC) Ecosystem, Consumer applications, and Zero-Knowledge Infrastructure.
The funding amount is tied to Accolade Partners, a prominent Fund in the United States. Accolade Partners are known for their funding in developing projects, early VC, blockchain investments and growth equity. Now, Lemniscap will employ this fund worth $70 million to support emerging Web3 projects and their founders.
Lemniscap is Building a Transparent and Decentralized Future Full of Innovations
Lemniscap has a history of working with financial giants at the global level since its launch in 2017. Lemniscap has had the privilege of working with financial giants around the globe like Bear Stearns, Rabobank, HSBC, and Deutsche Bank. Roderik van der Graaf, the founder of Lemniscap advised multiple blockchain companies at their early stage and helped them grow exponentially. He also shared his point of view as follows;
“In the seven years since we launched, reputation has become one of our strongest brands among founders, who we genuinely treat as partners. They represent our strongest edge when it comes to sourcing rich intelligence, building lasting partnerships, and honing in on early-stage, high-potential opportunities. This new fund will give us significant financial firepower to support the next generation of ambitious industry pioneers.”
Roderik made an efficient team with experts from different fields i.e., entrepreneurship, computer science, economics and finance. The core purpose of making this efficient team is to make sure that the crypto community have the comfort of a transparent and decentralized future full of innovations.
Lemniscap has developed and managed many funds so efficiently that it outperformed many competitors and industry benchmarks. The firm started in 2017 just before the market drop in 2018, and faced ups and downs but kept finding projects to prove itself. Then emerged and solidified its position as the most reliable investment firm in the crypto landscape.
Lemniscap’s Investment Strategy and Expertise in Web3
Lemniscap has made more than 130 huge investments till now, started as the follow-on investor, and now leading as the Web3 investment platform. Anoma, Monad, Puffer, Eigen Layer, Aligned Layer, Paragraph, StepN, The Graph and Avalanche are the notable investment projects of Lemniscap.
Lemniscap is known for its skills and deep understanding of Web3 by which it regulates the crypto and Web3 projects. Additionally, it focuses on long-term success rather than quick profits, supporting each investment carefully. Roderik, the founder of Lemniscap believes that Lemniscap’s reputation has become the name of trust in investment projects.
Lemniscap’s this fundraising is tied by Accolade Partners. Marcos Veremis, the partner of Accolade Partner shared his views about this funding project.
He said, “Having already launched multiple successful funds underpinned by methodical, battle-tested investment theses, the Lemniscap team has proven adept at sourcing exceptional founders and projects at the cutting edge of Web3 innovation. We are supremely confident in the fund’s strategy and management team, and look forward to a prosperous and collaborative working relationship.”