Crypto VC firm Pluto scores major win barely two months after launch

Crypto VC firm Pluto scores major win barely two months after launch

The company has been actively channeling funds to new tokens at the seed level, incubating projects, and taking equity positions in digital assets. On this note, Pluto will be announcing a $1 million Aquarid Booster to support the most innovative ideas in the decentralized space.

In its third and largest round to date, Pluto welcomed investments from the likes of Argo Blockchain PLC, Pires Investments, and Riverfort Global Opportunities, amongst others. In total, about $40 million was raised in the oversubscribed round, with Pluto having to scale back the demand to accommodate more investors.

Commenting on the recent development, Pluto’s Director and Pilot Atif Yaqub said:

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