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Female-Backed VC Firm to Boost Crypto Bets With New Fundraise

  • Blossom Capital to put $432 million proceeds in European firms
  • VC’s biggest investment is in crypto-payments firm MoonPay

Blossom Capital has raised $432 million to back early-stage tech startups in Europe, a third of which has been earmarked for cryptocurrency investments, founder Ophelia Brown said in an interview. 

London-based Blossom Capital is looking to bolster its investment in the crypto sector, which is increasingly going mainstream from being a niche financial tool. Investing in platforms can be a way of betting on the ecosystem without picking winners among the thousands of digital assets.