Venture Capital
Bloccelerate, a Seattle-area venture capital firm that backs startups building blockchain-related technologies, is raising another fund. A new SEC filing reveals that the firm raised $20 million of a larger fund. Kate Mitselmakher, who launched Bloccelerate in 2018 and leads the firm as general partner, declined to comment on the filing. Bloccelerate raised $12 million for its first fund in 2020. The firm invests in blockchain startups and also provides infrastructure for its portfolio, which include companies such as Stably, ZenLedger, BlockApps, and others.

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