Race Capital has raised $181 million in its second funding round, and has invested in 10 projects including digital wallet Ottr Finance.
According to BlockBeats news on March 22, Race Capital, which focuses on early-stage cryptocurrency and technology investments, has completed the fundraising of a $181 million second-phase fund. It is reported that this fund has made 10 investments, including machine learning development platform Sematic and digital wallet Ottr Finance. Race Capital's general partner, Alfred Chuang, stated that the company is more interested in decentralized technology than ever before, especially after the collapse of FTX, a cryptocurrency trading platform invested by Race Capital.
According to data platform Rootdata, Race Capital's previous investment projects include DeFi project Huma Finance, global payment platform Ping, Web3 communication infrastructure Notifi, cryptocurrency wallet Martian, Solana wallet Ottr Finance, and network data analysis platform Umami, among others.