Maven 11 Capital raise $120M in secondary funding round

Maven 11 Capital raise $120M in secondary funding round

Digital asset investment firm Maven 11 Capital has announced a $120 million funding round for its private investment establishment, Venture Fund II, in a move that will further expand its financial footprint across emerging sectors of decentralized finance (DeFi) and Web 3.0. The funding round builds off a successful inaugural raise of $40 million in June of this year.

Established in May 2017, Maven 11 Capital has invested in 27 companies exclusively within the DeFi and Web 3.0 space. The firm was the lead investor in private seed rounds for data oracle service RedStone and metaverse stack firm Odyssey in July and November 2021, respectively.

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