San Francisco-based crypto-native fund, Momentum Capital, has secured a substantial $10 million investment from Canada’s renowned BM Fund. This accomplishment in July 2023 highlights Momentum Capital’s impressive abilities in the face of a volatile market.
The founder of BM Fund, Carmen, praised the decision to invest during bear markets, highlighting Momentum Capital’s expertise in navigating challenging market conditions.
Momentum Capital’s steadfast commitment to excellence, even in the most tumultuous market phases, is evident in its strategic collaboration with BM Fund. This partnership underscores the confidence investors have in Momentum Capital’s strategic prowess and ability to weather market fluctuations.
As the market enters a countercyclical phase, Momentum Capital is strategically positioned to intensify its efforts and capitalize on upcoming opportunities. With a strong history of successful partnerships and an unblemished track record, the firm’s dedication to professionalism, a seasoned team, and productive collaborations reinforces its industry-leading position.
The newly acquired capital will be used to expand the team and accelerate early-stage Web3 projects, further solidifying Momentum Capital’s position in the dynamic crypto investment landscape.
Since its inception, Momentum Capital has become a prominent player in the crypto sector, boasting a team of experienced veterans. This wealth of experience adds credibility to the firm’s reputation.
Gary, the Managing Partner of Momentum Capital, outlines the fund’s strategic trajectory and unwavering commitment.
He emphasized Momentum Capital’s dedication to investing in and nurturing valuable Web3 projects, regardless of market fluctuations.
“Over the next six to twelve months, the focus will be on fostering global builders, with an emphasis on Web3 infrastructure, regional opportunities, and innovative applications,” Gary added.