Venture capital firm Blockchain Capital has announced the final closing of its second venture capital fund with over $13 million in committed capital, surpassing its fundraising target of $10 million.

Founded in 2013, Blockchain Capital, as the name may suggest, is a venture capital firm that invests in blockchain-enabled technology companies, and was also the first fund to accept capital calls in Bitcoin.

The firm invested in 30 companies through its first venture fund, and has been investing out of the second fund through 2015 including investments in 23 Blockchain tech startups.

“We are excited to announce the closing of our second fund so that we can continue to support world-class entrepreneurs who are leveraging Blockchain technology to disrupt legacy industries and create new products and services around the globe,” Blockchain Capital Co-Founder and Managing Partner Brad Stephens said in a statement.

Along with the announcement that the second fund had closed, Blockchain Capital also announced that its Blockchain Capital AngelList syndicate has partnered with Gil Penchina’s Flight.vc to form the Blockchain Capital @ Flight.vc syndicate.

The combined syndicate is said to be the largest and most active syndicate focused on Blockchain and Bitcoin startup investment opportunities and has already cumulatively invested in 7 companies raising over $2 million dollars.

“The pace of innovation we are seeing in Fintech, in general, and Blockchain technology in particular, is staggering,” Stephens added. “Sophisticated investors appreciate that this industry is complex and moving quickly, that specialization is important. They value our focus, deal flow, expertise and unparalleled network of advisors.”

Portfolio

Blockchain Capital acts as a general partner to Crypto Currency Partners, and as such has invested in a wide range of Bitcoin and Blockchain companies since its foundation.

Companies invested in include P2P remittance app maker Abra, Inc., Blockchain infrastructure partner BitFury Group, Kenyan Bitcoin exchange BitPesa, enterprise Blockchain platform provider Chain, Inc., Bitcoin services firm Coinbase, Inc., Bitcoin exchange Kraken (Payward, Inc.),   Blockchain settlements startup Ripple, Inc., and many more.

Blockchain Capital also announced the appointment of a new Advisory Board with members representing expertise in technology, financial services, entrepreneurship, legal services and regulatory issues.

The board includes:

• Alison Davis (Chairman) — Former CFO of Barclays Global Investors; Director Royal Bank of Scotland; Director Fiserv; Director Diamond Foods; (fmr) Director Xoom and First Data Corp.
• Terry Schwakopf — Senior Advisor at Deloitte; (fmr) EVP Federal Reserve Bank of San Francisco, banking supervision
• John Wolpert — Global Blockchain Offering Director, IBM
• Bobby Lee — CEO, BTCC; Director Bitcoin Foundation
• Mary Cranston — Director, Visa; (fmr) Chairman & CEO Pillsbury Winthrop
• Simon McNamara — CAO, Royal Bank of Scotland
• Niccolo De Masi — CEO, Glu Mobile
• Michael McAdam — CFO, Union Bank (Mitsubishi UFJ Financial Group)
• Vinny Lingham — CEO, Gyft (acquired by First Data)
• Charlie Lee — Founder, Litecoin; Director of Engineering, Coinbase
• Chris Pallotta — Partner, Raptor Capital; Advisor, MIT Media Lab
• Will O’Brien — Co-Founder, BitGo
• Matt Ocko — Partner, Data Collective

Accredited investors can still invest alongside the fund through AngelList.

Image credit: Blockchain Capital/screenshot