BlackWood Ventures' first fund raises $25 million

According to Golden Finance, Copenhagen based pan European venture capital firm BlackWood Ventures announced that its first fund has raised $25 million. The fund will focus on innovative areas such as fintech and Web3 in the European market. Currently, its investment portfolio includes UK wealth management company Sidekick, German DeFi and TradFi tokenized financial analysis platform Particula, and on chain copyright platform Trips.