According to Foresight News, Bitkraft Ventures, a Web3 venture capital firm, has announced the completion of a $275 million fundraising for its third venture fund, 'Bitkraft Venture Fund III'. With this latest fundraising, the total assets managed by the venture capital firm have exceeded $1 billion. The new fund will primarily focus on seed and Series A stage game studios, technologies, and platforms. The venture capital firm's decision to focus on these areas indicates a strategic move to invest in early-stage companies that are poised for growth in the gaming and technology sectors.