GEORGE TOWN, Cayman Islands--(BUSINESS WIRE)--StrongBlock (www.strongblock.io), a Magnetic Capital incubated startup founded by four former technology executives from EOSIO-creator Block.one, today announced it has secured US $4M. The raise will support the company’s plans to be the blockchain standard for enterprises, financial institutions, and governments. The seed round was led by Pangea Blockchain Fund and its limited partners including Copernicus Asset Management SA (“Copernicus”).
Pangea Blockchain Fund Closes $22 Million Seed, Debuts Inaugural International Fund to Advance Market-Defining Blockchain Technologies.
LUGANO, Switzerland--(BUSINESS WIRE)--Pangea Blockchain Fund today announced the close of its seed round and debuted its inaugural International fund focused on transformative blockchain solutions. The firm secured U.S. $22 million and expects fundraising to be capped at U.S. $200 million. Pangea Blockchain Fund’s Swiss-based investment adviser, Blockchain Investment Advisory Sagl, is led by a team of established asset management and blockchain industry veterans including founders James Duplessie and William Duplessie. The U.S.-based sub-adviser, Blockchain Investment Advisory LLC, is managed by Jason Bonayer, Stephen Duplessie, Philip Plough and Jeffrey Engel. Together, the teams will position Pangea Blockchain Fund at the forefront of tech discoveries reshaping the world’s economic and social infrastructure.