Business

Berkwood Capital US Raises $30 Million Fund to Double-down on Web3 Companies

King Newswire

New York, New York, United States, 6th Oct 2022, King NewsWire –  Berkwood Capital today announced that it has raised an additional $30M in capital from Asian investors to lead further investments in Web3 startups and companies.

Berkwood Capital average investments in startups range from $300K to $5M, and continues supporting companies as they scale to growth stages and beyond. The firm invests in only a few new companies each year, allowing it to concentrate time and capital on a small portfolio.

“Berkwood Capital was founded as a Web3 focused firm. We believe that our concentrated strategy – devoting time, energy and capital towards a few new investments each fund – is best aligned for founders and investors,” said James Lambert, Berkwood Capital’s Media Manager. “With our early investments bearing fruit in 2021, we are doubling down on our investments in potential web3 and NFT projects.”

Berkwood Capital consists of founders and industry leaders that not only provide growth capital but their collective experiences to coach founders, recruit talent and improve their odds of success.

The firm also expanded its investing and platform teams over the past year. Kelly Richards recently joined the investment team as Principal. Kelly developed a reputation as a thoughtful deep-tech and developer tools investor at in Europe, and will work with a larger canvas of companies across North America and Asia.

To date, there are around 5 companies across the US and Europe in the Berkwood Capital portfolio. In the coming months, Berkwood Capital will focus on companies outside of the US.

“The founders and companies we invest greatly appreciate how hands-on we are in helping them reach their goals. From development to marketing, we have the facilities and experience to bring them to the next level.”, said Kelly Richards.

For more information and to reach the Berkwood Capital team, please visit berkwoodcapital.com

Media Contact

Organization: Berkwood Capital

Contact Person: James Lambert

Email: james.lambert@berkwoodcapital.com

Phone: +1 917 5085357

Website: https://www.berkwoodcapital.com

City: New York

State: New York

Country: United States