Coinfund Raises $152 Million to Boost Early-Stage Crypto, AI Startups
Coinfund, a New York-based venture capital firm, has raised $152 million in its latest fundraising round, focusing on projects that develop crypto infrastructure and intersect with artificial intelligence. The firm aims to support the completion of the roadmap to decentralization, with a renewed focus on scalability, interoperability, and user experience. Despite a retreat in crypto investments and higher interest rates, the current market environment allows for more discerning funding decisions and raises the quality of entrepreneurs competing for limited funds.
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Coinfund Raises $152 Million to Boost Early-Stage Crypto, AI Startups
Coinfund, a New York-based venture capital firm, has raised $152 million in its latest fundraising round, focusing on projects that develop crypto infrastructure and intersect with artificial intelligence. The firm aims to support the completion of the roadmap to decentralization, with a renewed focus on scalability, interoperability, and user experience. Despite a retreat in crypto investments and higher interest rates, the current market environment allows for more discerning funding decisions and raises the quality of entrepreneurs competing for limited funds.