Norio Ventures plans to raise €10 million fund to invest in blockchain startups.

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PANews September 18 news, according to Business Post, Norio Ventures is raising a €10 million fund to invest in fintech startups focused on Blockchain technology (covering pre-seed and seed stages). It is reported that Norio Ventures is led by Pete Townsend, who previously led the Techstars Web3 accelerator program in Dublin and served as a non-executive director at Coinbase. The first fundraising for Norio Ventures Fund I is expected to be completed in April.

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