Contango Digital Assets, a venture capital firm based in Toronto, has raised $5 million in the first close of its latest fund, the Contango Blockchain x AI Fund. The fund's investors include high-profile individuals such as the CEO of Quantstamp, the CFO at SingularityNet, and the CEO at WonderFi, as well as early LPs in Digital Currency Group and Polychain Capital, and investors from VANTA DAO. For more information on the tech venture capital industry, visit VCWire.tech, our new website.