New crypto VC Sigma Capital targets $100 million fund, with $40 million pre-committed
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The Block
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https://www.theblock.co/post/334459/new-crypto-vc-sigma-capital-100-million-fund-40-million-pre-committed?utm_source=rss&utm_medium=rss
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Sigma Capital aims to raise a $100 million fund
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The portfolio is expected to feature up to 100 early-stage venture deals with a median check size of $500,000, up to 25 liquid deals ranging from $2–3 million each and up to 10 fund-of-funds deals averaging $1 million each, Budki added.
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Sigma will be based in Dubai and Singapore and regulated in the Cayman Islands, Budki said, adding that the firm plans to have a headcount of about 30 people
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