Ethereum early support company Cyber.Fund will invest $100 million to develop blockchain and other technologies

Investment company cyber.Fund is an early supporter of Ethereum and has pledged to invest $100 million in projects that intersect blockchain technology with artificial intelligence (AI) and the Internet of Things (IoT). According to a Thursday email announcement, Cyber.Fund also supports Cosmos, Solana, and Polkadot, focusing on developing a "cybernetic economy" where blockchain is the cornerstone. The company describes cybernetic economy as an interconnected automated economic framework, with blockchain, AI, and IoT integrated around the framework.

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