Nikola Stojanow, the co-founder of AEternity Blockchain and creator of AE Ventures investment company, has announced the launch of a 100 Euros Venture Capital Fund focused on opportunities in the blockchain space.
Stojanow’s new Meta Change Capital (MCC) will fund blockchain development 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,” says Nikola Stojanow, Founder of Meta Change Capital.
“MCC’s will focus on underdeveloped parts of Europe, MENA, Asia, Africa – especially parts where the capital will have a significant impact.”
Stojanow will be joined at MCC by Luka Sucic, former Head of Investments and Acceleration at AE Ventures.
“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 capitalise 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.
Yanislav Malahov, the co-founder of AEternity, gives insight into this move, “AEternity was founded to be a tool for communities to build a better future.
“While growing AEternity for the next generation, I will also join MCC as an investor / limited partner as this is part of the long-term strategy of the blockchain towards interoperability.
“It already is a great asset to have Stojanow and Sucic in leading roles – as few can rival their expertise in combining investment and blockchain. ”
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.