Breed VC: Closes $15M Fund II
Breed VC closes $15M Fund II as lean crypto vehicles post stronger DPI and IRR than fee-heavy peers.
SourceAnalysis
Breed VC closed its $15M early-stage Fund II to back founders rebuilding user sovereignty, with Akshat_Maelstrom noting that lean, non-AUM-fee crypto vehicles consistently deliver superior DPI and IRR compared to larger funds.
Akshat_Maelstrom
@akshat_hkManaging Partner / Co-founder @MaelstromFund | Former Head of Corp Dev @BitMEX | @Wharton @Penn Alumnus
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