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Double Down raises $30 million for its first cryptocurrency fund



Double Downa newA new venture capital firm specializing in the Web3 and founded by Magdalena Kalaformer employee of Bain Capital, announces the launch of her first fund.

This Wednesday, Magdalena Kalawho presents herself as a ” degen for life” on its website, has officially launched Double Downa Florida-based venture capital firm founded this year that focuses on consumer y Web3.

Widespread adoption is key to realizing the full potential of Web3, and I believe the best way to achieve widespread adoption is through consumer cultivation: startups that build a real, unique utility aligned with existing consumer interests and needs,” tweeted the former Bain Capital investor, a traditional U.S. VC who has been investing in crypto for several years now.

And for his first fund, Double Down has just completed a 30 million euro financing round. with leading investors in the ecosystem, such as Marc Andreessen y Chris Dixon from a16z or Matt Huang of Paradigm.

Paris HiltonSeven Seven Six (Alexis Ohanian), Slow Ventures and Chris Adamo (Flamingo Capital) are also among the backers.

Double Down has already carried out the first operations and supports, among other things OnChain Studiesthe startup behind the Cryptoys blockchain platform for children.

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