Norio Ventures plans to raise 10 million euros for investing in blockchain startups

ChainCatcher news, according to Business Post, Norio Ventures is raising a €10 million fund to invest in fintech startups focused on blockchain technology (covering pre-seed and seed stages).

It is reported that Norio Ventures is led by Pete Townsend, who previously led the Techstars Web3 accelerator program in Dublin and served as a non-executive director at Coinbase. The first closing of Norio Ventures Fund I is expected to be completed in April.