Accolade Partners Raises $202 Million for Its Third Blockchain Venture Capital Fund

BlockBeats News, November 22nd, according to official sources, Accolade Partners, an investment firm focusing on venture capital, private equity growth, and blockchain strategy, announced that its third blockchain-focused fund has been successfully raised. Accolade Blockchain III is the company's dedicated blockchain fund, which completed its fundraising in October 2024, with a total commitment of $202 million.

Accolade, founded in 2000, manages approximately $6.1 billion in funds, covering various areas such as venture capital, private equity growth, and blockchain strategy. Its investments span across foundational protocols, supporting infrastructure, decentralized finance, stablecoins, Decentralized Physical Infrastructure Network (DePIN), Web3 games, decentralized AI, and other sectors. It has previously invested in 1kx, Archetype, Framework Ventures, Parafi, Portal, Reverie, and Varrock.