Heartcore Capital raises €15m for first Web3 fund to back startups advancing application layer protocols

Heartcore Capital, a venture capital firm focused on crypto, has secured €15m ($16.3m) for its inaugural Web3 fund. The fund will invest in startups that are developing application layer protocols in areas such as DeFi, gaming, social, software, and DeSci. Heartcore Capital typically invests between $250k and $500k in private rounds, but does not lead them. For more information on the tech venture capital industry, visit VCWire.tech.

web3 fund crypto fund

Original Link

Comments

All Comments

Recommended for you

CointimeSG ·

GCEX Expands Crypto Custody Solutions With New Hex Trust Service

The prime broker launched the Secured Accounts service to enhance institutional digital asset protection in the EU and UK. Both companies have been working closely together for 3 years, recently presenting staking services.
CointimeSG ·

FD Technologies Posts Wider Loss, Debt Surges 84% Before First Derivatives Sale

The company reports a challenging 6 months, with revenue down 7% to £118.2m and adjusted EBITDA falling 26% to £10.5m. FD Technologies recently announced its plan to sell its First Derivative business to EPAM Systems for £230 million.
CointimeSG ·

How Q Protocol is changing the future of blockchain governance: Report

Cointelegraph Research delves into Q Protocol’s unique governance framework, which combines onchain mechanism with legal agreements.
CointimeSG ·

Movement developers plan token generation event on Ethereum ahead of mainnet launch

The Movement blockchain project has introduced its native MOVE token with a supply of 10 billion tokens. MOVE will initially be launched as an ERC-20 token during a token generation event on Ethereum.
Talus Network Completes $6 Million Strategic Round of Financing with a Valuation of $150 Million

decentralized AI protocol Talus Network raised $6 million in a strategic financing round led by Polychain Capital, valuing the company at $150 million. This funding will help further develop the Talus ecosystem, including the Protochain, Nexus framework, and "AI dating experience" application.
CointimeSG ·

Crypto Banking in the UAE: The Path to Licensing and Compliance

Companies must meet several financial and operational criteria, such as minimum capital requirements and maintaining liquid assets. The licensing process can take between 4 to 12 months and involves significant costs.
CointimeSG ·

Canadian wellness firm approves plan to add $1M of Bitcoin to treasury

Jiva Technologies CEO Lorne Rapkin said the move to add Bitcoin to the treasury is “a unique opportunity to strengthen our treasury with a resilient and innovative investment.”
CointimeSG ·

dxFeed Collaborates with Hybrid Trading Firm to Improve Market Data Access

The partnership involving Tickblaze aims to address high data fees and technical complexities. Tickblaze, originally focusing on institutional clients, has expanded its offerings to retail traders.
Schuman Financial Completes $7.36 Million Seed Round, Led by RockawayX

Schuman Financial has completed a $7.36 million seed round of financing, led by RockawayX, with participation from Lightspeed Faction, Kraken Ventures, Nexo Ventures, Gnosis VC, Delta Blockchain Fund and Bankless Ventures. In addition, Schuman Financial has launched a euro stablecoin, EURØP, which complies with the MiCA standard.
CointimeSG ·

Binance launching BFUSD, promising APY 'will never go below zero'

Binance is set to launch BFUSD, a “reward-bearing margin asset” offering passive rewards.