Canadian venture capital firm Synergis Capital announced on Twitter that the fundraising for its second seed fund, Synergis Fund II, has been completed with a scale of US$50 million.
Synergis Capital said that as the technology market ushered in a correction last year, now is the best time to support the next wave of founders building innovative applications. Enterprise-grade blockchain solutions have the potential for significant cost savings and efficiency gains and are on the verge of widespread enterprise adoption. Consumers’ online immersive customized experiences will also change the way brands and consumers interact and how content is created.
Synergis Capital believes digital ownership and generative AI will play a critical role in innovation in work, games, media, social and business.