Seven Seven Six Raises Two Funds, Totalling over $500M
Summary
Seven Seven Six ( 776 Management), the venture capital firm founded by Alexis Ohanian, raised two new funds, totalling over $500m. 776 Management, led by Reddit co-founder Alexis Ohanian, has approx. 40% of its portfolio dedicated to crypto investments, including Axie Infinity, Lolli and CoinTracker. The new vehicles bring the firm’s total assets under management to $750m. Along with Ohanian, who was one of the early backers of Coinbase, the team includes:
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