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Scenius Capital Secures $20M for Crypto VC Fund of Emerging Managers
Scenius Capital Secures $20M for Crypto VC Fund of Emerging Managers
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BTCCSquare news:
Scenius Capital has closed a $20 million fundraise for a novel vehicle targeting emerging crypto venture capital funds. The slightly oversubscribed fund underscores institutional confidence despite a challenging fundraising climate.
"We've carved out a unique niche backing emerging managers with clear domain expertise," said Ben Jacobs, co-founder and managing partner. The strategy focuses on early-stage funds where Scenius anticipates outsized returns.
Greg d'Incelli noted the achievement reflects market recognition of their high-integrity approach. The close comes during a volatile period for crypto fundraising, with monthly totals fluctuating between billions and disappointing shortfalls.
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