TrueBridge Capital Partners announced that its five funds have completed fundraising of US$1.6 billion, including:
1. TrueBridge Capital Partners Fund VIII completed fundraising of US$884 million;
2. TrueBridge Direct Fund III completed fundraising of US$253 million, which will focus on mid- and late-stage technology companies;
3. TrueBridge Secondaries I completed fundraising of US$230 million, focusing on mixed investment portfolios;
4. TrueBridge Seed&Micro-VC II completed fundraising of US$189 million, focusing on seed stage and small and micro venture capital;
5. Blockchain fund TrueBridge Blockchain I raised US$62 million, focusing on seeking high-potential blockchain project investment portfolios.
It is reported that TrueBridge Capital Partners launched a blockchain fund for the first time. Mel Williams, general partner of the fund, said that the fund recognized the potential of blockchain technology very early, and the launch of this exclusive fund emphasized its continued commitment to this field. (venturecapitaljournal)