Venture capital firm Ego Death Capital is raising $30 million for its first fund

ChainCatcher news, according to CoinDesk, the venture capital firm Ego Death Capital, dedicated to the Bitcoin ecosystem, is raising $30 million for its first fund. The funding comes from its three main partners, high-net-worth individuals, family offices, and institutional investors, with plans to invest in 12 to 15 companies, averaging between $1 million and $1.5 million per investment, and half of the fund's capital will be allocated for follow-on investments in the original portfolio companies. (CoinDesk)