CANADA – White Star Capital, a multi-stage technology venture capital investment platform that backs founders building global businesses, announced the first close of its second Digital Asset Fund (DAF II).
The new $120m fund, which will continue to invest in crypto-networks and early-stage blockchain-enabled Web3 businesses, with a focus on DeFi and Gaming, is backed by major institutional investors and corporations including Ubisoft as an anchor LP.The Digital Asset Fund (DAF II) will deploy between $1 million and $7 million in token and equity investments into 20 to 25 companies with a core focus in North America, Europe, and Asia. The fund is run by Managing Partner Sep Alavi and is supported by Eddie Lee and Luke Xiao in New York, Florent Jouanneau in London, Sanjay Zimmermann in Toronto, and Dimitri Nitchoun in Paris.Since raising its first Digital Asset Fund in 2020, White Star Capital has invested in 20 companies across seven countries including Ledn, ALEX, Multis, Paraswap, Exlusible, and Rally, just to name a few.White Star Capital operates out of New York, Paris, London, Montreal, Toronto, Singapore, Hong Kong, and Guernsey. 11/04/2022
