According to TechFlow, RW3 Ventures has raised $60 million for its early blockchain investment fund, RW3 Ventures Fund I LP. This round of financing was led by Raptor Group and Mubadala Capital, a wholly owned subsidiary of Mubadala Investment Company, a global investor headquartered in Abu Dhabi. RW3 is led by two well-known figures in the digital asset field, Pete Najarian and Joe Bruzzesi.
The team said the fund will invest in early-stage blockchain and Web3 companies, focusing on teams seeking to use blockchain technology to disrupt reality.