Dubai-based crypto investor FD7 Ventures launches $250m, India-focused micro fund
Photo by Andre Francois on Unsplash
March 1, 2021
Dubai-headquartered crypto investment fund FD7 Ventures has opened a Bangalore office and also launched a micro-fund that will focus on investments in teams building out projects that further the Polkadot (DOT) and Cardano (ADA) blockchain ecosystems.
The fund, which is looking to raise $250 million, will be led by local partner Neeraj Singh.
FD7’s new fund aims to make investments of approximately $1-5 million across 50 companies yearly, with roughly 30% of those Polkadot and Cardano ecosystem-based companies receiving secondary investments of $5-20 million, depending on their growth metrics, it said in a statement.
By Yaniv Vardi on February 23, 2021
Companies Must to Look Beyond Their Own Company to Also Consider the Security Measures Their Immediate Suppliers Have in Place
The number of cyberattacks on industrial sites of all sizes is increasing significantly, with risk spreading across supply chains. An ESG survey of 150 cybersecurity and IT professionals in mid-market and enterprise manufacturing organizations, found 53% say their operational technology (OT) infrastructure is vulnerable to some type of cyberattack, while the same number state that they have already suffered a cyberattack or other security incident in the last 12-24 months that impacted their OT infrastructure. Manufacturers are part of trading partner networks that are intertwined, and when they are compromised, the effects ripple across all parties in the supply chain. The impact of an attack on a first-tier supplier can be just as devastating as if the attack initially penetrated your own OT network. Production lines
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Aligarh: A second-year B.Tech (Electrical Engineering) student of Z H College of Engineering and Technology, Aligarh Muslim University, Arsalan Sartaj has made his alma mater proud.
He featured in the ‘Harvard Project for Asian and International Relations Conference 2021’ and ‘Harvard US-India Initiative India Conference 2021’ to engage in discussions on how to make an impact on the world with inspiring leaders and industry giants like Kevin Sneader (CEO and Global Managing Director, McKinsey and Company) and Abhisit Vejjajiva (27th Prime Minister of Thailand). Related Posts
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