Algo VC fund raises $200 million to fast-track Ethereum rival
Algo Capital has doubled its original funding goal for it's venture capital fund designed to build infrastructure for the Algorand ($Algo) blockchain as well as accelerating adoption of the native token as a means of payment.
Investors include Brainchild, NGC Ventures (the venture arm of NEO Global,) Eterna Capital, GSR, Cognitive Blockchain, Rokk3r Inc., Wibson, 11-11 Ventures, DG Ventures, Winslow Strong, Invermaster, and others.
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