According to BlockBeats, on November 22, Accolade Partners, an investment company focusing on venture capital, private equity growth and blockchain strategy, announced that its third blockchain-focused fund has been raised. Accolade Blockchain III is the company's dedicated blockchain fund, which was finally raised in October 2024 with a total commitment of US$202 million.
Accolade was founded in 2000 and manages about $6.1 billion in funds, covering venture capital, private equity growth, blockchain strategy and other fields. Its investments cover base layer protocols, supporting infrastructure, decentralized finance, stablecoins, decentralized physical infrastructure networks (DePIN), Web3 games, decentralized AI and other tracks. It has participated in investments in 1kx, Archetype, Framework Ventures, Parafi, Portal, Reverie and Varrock.