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News Explorer — ParaFi Capital Raises $39 Million for Next VC Fund

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Sep 29, 7:30 pm
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ParaFi Capital Raises $39 Million for Next VC Fund

ParaFi Venture Fund II LP has raised $38,915,000 from 52 investors since May 15, with a target of $100 million. That's according to an SEC filing. The fund, founded by Ben Forman in 2018, was initially filed for in September 2022 but had not made any sales at that time. ParaFi has seen significant investment activity, including $200 million for its flagship fund and $30 million for a new fund in 2021.

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