Foundation Capital launches a new fund of $600 million, which will invest in areas such as AI and encryption
Bitget2025/03/05 05:53
Foundation Capital announces the launch of its 11th flagship fund, with a scale of $600 million, aimed at investing in artificial intelligence, fintech and cryptocurrency sectors. It is reported that Foundation Capital is an investor in AI chip company Cerebras and was the first institutional investor in blockchain platform Solana. The newly launched fund is expected not to adopt multi-stage, multi-regional, multi-strategy approaches but will continue to seek investment opportunities at early stages.
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