On November 22, BlockBeats reported that Accolade Partners, a venture capital, private equity growth, and blockchain strategy investment company, announced the completion of fundraising for its third blockchain-focused fund. Accolade Blockchain III raised $202 million in October 2024. The company was founded in 2000 and manages about $6.1 billion in funds.

Accolade’s investments cover various tracks, including base layer protocols, supporting infrastructure, decentralized finance, stable currency, DePIN, Web3 games, and decentralized AI. Accolade has participated in investments in companies such as 1kx, Archetype, Framework Ventures, Parafi, Portal, Reverie, and Varrock.

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