Seed-stage investor MaC Venture Capital closed on $103 million for its inaugural fund. The Los Angeles- and Palo Alto-based firm plans to invest in 40 seed-stage companies across the globe, targeting $1 million for each initial investment.
Fanatics, the Jacksonville-based licensed sports merchandise retailer, has reportedly raised $320 million in fresh funding at a $12.8 billion valuation. In other news, London-based crypto wallet provider Blockchain.com pulled in $300 million in a Series C round at a $5.2 billion valuation.
[Source : Crunchbase]
