Meta Change Capital Launches To Fund Blockchain Developments In Emerging Markets
“I see the largest potential and supply of talent await in countries where blockchain is a tenfold leap to existing infrastructure that is crumbling, nonexistent or old,” said Stojanow. “MCC’s will focus on underdeveloped parts of Europe, MENA, Asia, Africa - especially parts where the capital will have significant impact.”
Stojanow will be joined at MCC by Luka Sucic, former Head of Investments and Acceleration at AE Ventures. Sucic was pivotal in globalizing the Starfleet’s accelerator program and business activities over the past years, bringing to MCC his successful track record in the investment and telekom industries. As the leads, Stojanow and Sucic grew Starfleet into one of the first blockchain accelerators to have several editions spanning Europe, Malta, and India. Working with entrepreneurs across cultures, backgrounds, and approaches - they gained invaluable perspective into global needs and potential.
“I see the world changing and believe that cooperation is the key word driving progress forward. What startups really need is an approach that helps them work with various blockchains technologies but also hands-on business support to navigate uncharted waters.” Stojanow says. “At MCC, we aim to capitalize on our expertise, experience, and connections to build a next generation fund that will combine blockchain and VC worlds.”
MCC will work agnostically with all next generation blockchains - providing capital and support in series A and beyond.
The 100m EUR VC fund is securing investors and will close its first round in Q4 2020. The fund is to be domiciled in Cayman Islands and the Investment Manager will be regulated by the FCA in the UK it will be manned by seasoned investment professionals from both classical investment world but also the blockchain space.
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