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Swiss Company-Builder Centralway Opens $50M Fund, Invests $250k In Bitcoin Whitelabel Exchange Buttercoin

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http://techcrunch.com – Swiss company builder Centralway is opening a new seed and early stage investment arm that will invest $50 million per year into 20 to 30 startups — including both small seed-stage investment and larger Series A rounds. It said its “preferred case” will be to do a smaller investment at the seed stage, followed by larger investment into the same company at a later round. The newly formed Centralway Ventures, which will be headquartered in London’s Somerset House, is making its first investment in YC- and Google Ventures-backed Buttercoin: a Bitcoin startup that is loo (IT news)