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Hack VC launches USD200m crypto seed fund

Crypto investment firm Hack VC has launched a USD200m Crypto Seed Fund to invest in crypto, web3, and blockchain startups.

Crypto investment firm Hack VC has launched a USD200m Crypto Seed Fund to invest in crypto, web3, and blockchain startups.

The fund is backed by Sequoia Capital, Fidelity, a16z’s Marc Andreessen and Chris Dixon, Accolade Partners, Digital Currency Group, and numerous institutional investors and endowments.

The fund, which is co-led by Managing Partners Alex Pack and Ed Roman, is focused on early-stage web3 teams. This includes both protocols and companies that are advancing the next frontier of web3, including DeFi, web3 infrastructure, DAOs and their tooling, NFT infrastructure, and more.

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