Orbit advises w3.fund on its first closing.

A group of serial founders (Feliks Eyser, Tim Keding, André Kanya) launched its new venture capital fund focused on Web3 applications. The Berlin-based fund, supported by Code University alumni Vicktoria Klich, Henrik Bredenbals and Jonathan Kuhl, has successfully completed its first closing.

More than 35 limited partners participated. Among them are successful founders, athletes, family offices, corporates and asset managers. The volume of the first generation fund will amount to a maximum of EUR 25m. The fund has already invested in 15 companies.

Orbit advised on all legal, regulatory and tax aspects as well as on fundraising and all ESG/impact-matters.

Team

Philip Mostertz (Lead Partner, Fund Structuring)

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Related links

#EXKLUSIV Seriengründer legen w3.fund - einen VC für Web3-Themen - auf - deutsche-startups.de

Neuer Web3-Venture Capital-Fonds gestartet - VC Magazin (vc-magazin.de)

w3.fund – Fueling Web3

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About w3

w3. fund is a venture capital investor with Web3 focus, investing primarly n early-stage startups developing B2B or B2C applications baesd on blockchain technology. For more information visit the website: w3.fund

About Orbit

Orbit offers client-centered legal advice in all areas of fund law and investments in alternative assets. Fund managers and investors rely on Orbit and its team of experienced fund advisors. Orbit covers structuring, regulatory, tax, investment advice, compliance, and fund due diligence as well as secondary transactions.

Orbit | All. About. Funds.