Capital providers have been "more sensitive towards VC funding due to the general market conditions," said Maven 11's Balder Bomans.
The firm previously raised $1.5 billion, which it deployed slowly following the crypto market downturn in 2022.
Strobe Ventures, led by Thomas Klocanas, will double down on early-stage crypto investments with a "high-conviction" strategy.
"If you're a seed stage founder working in crypto, fintech or enterprise AI, come talk to us," said Rodolfo Gonzalez.
After the LIBRA scandal, some crypto VCs say memecoins are finished — others think they’ll never go away. Which is it?
Decentralized gaming infrastructure platform Beamable has raised $13.5 million in a Series A funding round led by Bitkraft Ventures.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Former TON Foundation President Steve Yun launched the fund to focus on investing in TON-based DeFi and PayFi startups.
The venture fund will exclusively invest in DeSci startups building natively on the Sei blockchain, Justin Barlow told The Block.