• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • TWS, Singapore (July 28-29, 2025)
    • WFIS, Philippines (September 23-24, 2025)
    • Forex Expo Dubai (October 6-7, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Round13 Launches a Dedicated Fund to Invest in the Emerging Blockchain and Digital Asset Market; Raises US$70 Million to Date

May 19, 2022 By Business Wire

Initial investors in Canada’s first institutional crypto native venture fund include a major Canadian pension fund along with family offices and high net worth individuals

TORONTO--(BUSINESS WIRE)--#CryptoNativeFund--Round13, a leading Canadian venture capital firm with approximately $700 million in assets under management, has launched a dedicated fund to invest in the emerging blockchain and digital asset market. The new crypto native fund has raised US$70 million of an initial target of US$100 million. The lead investor is a major Canadian pension fund, with additional participation from institutions, high-net-worth individuals, family offices, and members of the Round13 team. The fund is also partnered with Satstreet, one of Canada’s fastest growing digital investment firms with a deep network of relationships in the crypto universe.



The fund seeks projects with highly technical teams solving problems around scalability and interoperability, and those building top tier applications on these new rails – themes that will play a fundamental role in building the infrastructure for the successful deployment and mass adoption of Web3 projects. The fund has invested in several projects to date alongside other top tier global investors in the space. Investments have been made in UK-based Improbable Worlds, US-based Trust Machines and Ibex, and Canadian-based Chainsafe and Red Jar Digital Infrastructure (RJDI).

The new Round13 fund is operated by two veterans in the blockchain and digital asset market, with each bringing a unique set of skills and operational ability to the fund. Managing Partner Satraj Bambra is a software engineer who has built and sold two companies and was an early developer in the space. He was most recently co-founder and CEO of BlockEQ, a mobile native wallet and decentralized exchange built on Stellar’s blockchain. Managing Partner Khaled Verjee is a lawyer and investment banker by trade, and has been an early investor and advisor to several Blockchain startups since 2015.

“I’ve been immersed in this space for several years but have not seen as much interest in the emerging blockchain and digital asset market as we are seeing today,” said Bambra. “We are seeing a particularly encouraging and rapidly growing trend of new teams joining and building blockchain applications and protocols. This has historically been the strongest signal of adoption and growth. I truly believe we are just getting started and the best is yet to come.”

“It’s very encouraging that a pension fund and traditionally conservative family offices are actively investing in our fund and looking to capitalize on the tremendous opportunities in the market,” said Verjee. “And while this fund will invest globally, we are uniquely positioned in Canada to invest in and support the robust and growing number of developers building in the space.”

The new Round13 fund is a member of the Web3 Council of Canada and anticipates playing an important role in the development of a strong regulatory framework.

About Round13

Round13 Capital is a Toronto-based venture capital firm that invests in high growth technology businesses. The firm is managed by experienced investors and operators and uses a disciplined investment approach to identify exceptional entrepreneurs committed to opportunities and companies with market leadership potential. Round13 typically provides ‘hands-on’ management assistance to its portfolio companies to unlock strategic and financial value. For additional information, visit round13.com.


Contacts

Jodi Echakowitz
Boulevard Public Relations
jodi@boulevardpr.com
416-271-7250

Filed Under: News Feed

Primary Sidebar

Follow Us

Press Releases

Keyrock secures FCA Registration, strengthening UK presence and regulatory credentials

July 1, 2025

Ripple (XRP) Eyes $18 in Next Rally as Little Pepe (LILPEPE) Momentum Accelerates

July 1, 2025

Little Pepe (LILPEPE) Will Outrun Shiba Inu (SHIB) in the 2025 Crypto Bull Market

June 30, 2025

Backed’s xStocks Go Live Today on Bybit, Kraken, and Solana DeFi

June 30, 2025

Zodia Custody Cements UAE Presence with Completion of Acquisition of Tungsten Custody Solutions

June 30, 2025

TWS Conference

Forex Expo Dubai

Merge Madrid

Futurist Conference

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter