Breed VC raised $15 million for the second crypto fund, and FalconX and others participated in it.

On September 23, Breed VC raised $15 million for the second crypto fund, including FalconX, Hutt Capital, Arrington Capital, and Castle Islan. Nic Carter of d Ventures, Rob Hadick of Dragonfly and Jake Brukhman of CoinFund.

The fund mainly invests in crypto startups in the "Day Zero", Pre-Seed and Seed stages, with a single investment of $250,000 to $750,000, focusing on open financial infrastructure and decentralized AI, and plans to be completed in the next 3 to 4 years. Deploy. The first fund of Breed VC was launched in 2023, and the investment has been completed. The portfolio includes Monad, Ethena, Agora, MyPrize and Nous Research.