Crypto venture capital Portal Ventures completes approximately $90 million in oversubscription fundraising
Online reports that blockchain early venture capital Portal Ventures is nearly completing the final fundraising of its second fund. The fund has a size of US$75 million. Its founder and general partner Evan Fisher said that the fund's subscription amount has been oversubscribed, reaching US$90 million. According to an August filing with the Securities and Exchange Commission, the initial fund target was $70 million, but Portal later decided to increase the cap by $5 million.
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