London-based asset manager Fasanara Capital Ltd is raising a new $350 million venture capital fund to invest in financial technology and cryptocurrency companies, giving it fresh cash to seize opportunities at a time when many investors are sitting out reeling markets.
Fasanara is a data-driven investment firm with more than 150 employees and more than $3.5 billion in assets under management. It provides financing to firms including cryptocurrency exchanges and digital lending businesses. The company has previously raised about $550 million across two venture funds to back tech companies, including consumer-electronics rental startup Grover and buy-now-pay-later company Scalapay.
