Felix Capital Attracts $600M to Support Web3 Projects

British venture capital firm Felix Capital has raised $600M for a Web 3.0-focused investment fund.

According to the company, the subscription volume has exceeded the $500 million target. The structure was launched in 2015. This is the company’s fourth fundraising, which has brought its capital investment to $1.2 billion.

According to the statement:

“We are expanding our interests by deepening our knowledge of the Web 3.0, a new platform for creativity, coexistence and, of course, entrepreneurship.”

Felix plans to support 20-25 companies over several years, mainly in Europe and selectively in North America.

The company’s portfolio already includes representatives of the crypto industry.