Algo Capital has raised $200 million for a VC fund focused on firms that will help drive adoption of the Algo token for payments
Source: https://cointelegraph.com/news/algo-vc-fund-raises-200-million-to-fast-track-ethereum-rival
Algo VC Fund Raises $200 Million to Fast-Track Ethereum Rival
August 27, 2019
CoinTelegraph