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Greenfield One’s $160m crypto fund is one of Europe’s largest

The Berlin-based VC firm Greenfield One will invest in European projects working towards creating Web 3.0. German crypto-focused VC firm Greenfield One has just announced the closure of a $160m fund for European crypto start-ups – its largest fund yet, and one of Europe’s largest. The VC firm’s previous crypto fund late last year, its second fund overall, was closed early after “significant” increases in portfolio value and had a target volume of €50m. For Greenfield One’s latest fund, existing investors included Bertelsmann Investments and the family-held investments such as Lennertz from Hamburg. The Berlin-based crypto fund was the first investor in projects such as 1inch Network, a decentralised finance aggregator.

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