Berlin crypto investor Greenfield One launches second blockchain fund

VC investor Greenfield One, who specializes in blockchain and DeFi startups, is planning a second fund with a target volume of 50 million euros.

The Berlin venture capital investor Greenfield One is planning a second fund for blockchain and DeFi startups with a target volume of 50 million euros, according to Finance Forward on December 9 in a blog post .

Bertelsmann on board

The investment company, which started in 2018, has already won the venture capital arm of the Gütersloh media group Bertelsmann and the multi-family office from Hamburg Lennertz & Co. for its second fund in a first closing.

Lennertz & Co. already participated in the first fund of the Berlin company. As Greenfield partner Sebastian Blum points out to Finance Forward, “the interest of institutional investors has increased massively”. “When it comes to crypto, many were extremely shy, but in the last few months they have been falling out of cover,” the co-founder continued.

Blum is very optimistic about the future and expects further growing interest from donors. You would understand, “that the impact of blockchain technology will be even stronger than it was in the first and second generation of the Internet”.

Greenfield One’s current portfolio includes NEAR Protocol, Celo, Spacemesh, Vega, Multis, Arweave, Dapper Labs and 1inch with individual investments between 500,000 and 1.5 million US dollars. Greenfield One made nine of the ten investments by purchasing tokens and acquiring token rights in the form of “Simple Agreements for Future Tokens” (SAFT).

Interest from institutional investors is picking up

Institutional investors have been showing increasing interest in the crypto sector for months. In addition to risk investments like those offered by Greenfield One, major investors are also showing growing interest in trading crypto derivatives, according to a study published in April .