Hack VC Launches a New $200 Million Fund

Hack VC announced that it will launch a new $200 million fund, aiming to invest in companies and teams at early stage, developing products around Web 3.0.

The fund, which is behind the hack.summit(), one of the biggest blockchain programming events in the world, will try to guide founders to achieve greater success, apart from the money that it will give.

Startups around DAOs, NFTs and DeFi have priority in the next investment rounds while the majority of received funds came from larger VCs and limited partners like a16z and Sequoia Capital.

Crypto investments are getting bigger and bigger and are not hidden, pushing economy towards this path.