German HV Capital completes $784 million fundraise, investments will exclude crypto projects

ChainCatcher news, German venture capital firm HV Capital has raised a fund of €710 million ($784 million). HV Capital is now primarily focused on fintech and enterprise software, although HV Capital plans to invest in blockchain technology, the fund has stated that it will not invest in cryptocurrency-related companies due to market volatility and strict regulations.

HV Capital has previously invested in Web3 projects, including climate fintech company Agreena, decentralized cloud platform Impossible Cloud, and Polkadot ecosystem Web3 music platform Public Pressure. (Bloomberg)