Golden Finance reported that Fund I, a fund under Recursive Capital, announced that it has completed a new round of fundraising and will focus on supporting the development of Bitcoin startups and ecosystems in the African market. The focus areas include cryptocurrency infrastructure, mining and leading technologies. Its current investment portfolio includes Bitcoin financial service Bitnob, Bitcoin collaborative custody platform Fedi and Lightning Network payment company Synota. It is reported that the new fund has not yet disclosed the amount of funds raised, but its investors include Block Chairman Jack Dorsey, former Goldman Sachs partner and Fortress Investment Group Chairman Peter L. Briger Jr., and Ego Death Capital founding partner Jeff Booth.