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CoinFund launches new early-stage $300m Web3 venture fund

CoinFund, a web3 and crypto-focused investment firm, has launched CoinFund Ventures I (Ventures I), a new $300 million early-stage venture capital fund, backed by a combination of sophisticated institutional investors, family offices, and cryptonative founders. 

Ventures I seeks to back the most ambitious founders across blockchain sub-sectors demonstrating early traction and large potential market sizes. 

A number of current CoinFund seed stage portfolio companies are preparing to raise Series A funding and wish to maintain the support and partnership of CoinFund’s cryptonative investing team and its “founders first” philosophy. In addition to making early-stage, venture-scale investments in existing portfolio companies , Ventures I will seek to partner with new and ambitious founding teams.

After seven years of investing, company building, and community involvement, CoinFund and its team of more than 30 professionals are competitively positioned in the web3 investing space. With Ventures I, CoinFund can deepen its support of companies that have demonstrated early traction as they accelerate through their next phase of growth and benefit from the synergies and experience of CoinFund’s broader portfolio of 100+ remarkable teams.

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