Race Capital's second fund, Fund II, received an oversubscription of $181 million. It is reported that the fund has made 10 investments, and its portfolio includes machine learning development platform Sematic and digital wallet Ottr Finance. Alfred Chuang, general partner of Race Capital, said that the company is more interested in decentralized technology than ever before, especially after the collapse of FTX, a cryptocurrency exchange invested by Race Capital. (Bloomberg)
