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Pulsar Venture Capital Holds ICO to Raise Money Using Blockchain

Published 2 years ago by superadmin

Today Pulsar Venture Capital, a business accelerator and an early stage venture fund, has announced the launch of an initial coin offering (ICO) for a new VC fund that can accept funds from pre-qualified crypto-purchasers (per country regulations, under Reg D Rule 506(c) in the U.S.) The ICO will take place from October 30, 2017 until November 30, 2017. Pulsar VC team includes experts and investors from the USA, Russia, European and Asian countries, among whom are: Marvin Liao (Partner at 500 Startups), Bill Reichert (Managing Director at Garage Technology), Jeffrey Paine (Managing Partner, Golden Gate Ventures) and others.

A full list of all members of a team and experts involved is accessible on the site ICO site can join by investing in the existing portfolio companies and become a part of the new fund. The ICO is a new opportunity that will allow us to make investments in startups accessible and liquid”, Pavel Korolev, Pulsar Venture Capital CEO and Managing Partner, said.

Pulsar VC will buy back the tokens at a market price every time an “exit” of one of the portfolio companies takes place or Pulsar VC receives any dividends or distributions from the portfolio companies. Pulsar Venture Capital is an early stage venture fund and a business accelerator ensuring proper conditions for implementation of innovation projects, developing high technology companies.

Over the last few years, Pulsar Venture Capital has organized annual acceleration programs to help startups enter international markets, as well as to select companies to be invested in with its Fund. The fund and accelerator’s investment strategy includes investing in early stage companies having the potential to enter the global market.

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