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    Home » Vessel Capital Launches $55M Fund for Web3 Infrastructure and Apps
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    Fintech

    Vessel Capital Launches $55M Fund for Web3 Infrastructure and Apps

    By Ivy WuAugust 29, 2023Updated:November 22, 2023No Comments2 Mins Read
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    Vessel Capital, a leading venture capital firm, emerges from stealth mode, announcing a $55 million fund. The firm’s exclusive focus lies in supporting projects within web3 infrastructure and applications. With this investment, Vessel Capital aims to empower startups building decentralized technologies and platforms.

    Vessel Capital’s Breakthrough Signals Renewed Focus on Web3

    Vessel Capital’s emergence from stealth mode holds significant implications for the web3 ecosystem. With a $55 million fund dedicated to web3 infrastructure and applications, the firm’s entrance renews attention on this emerging tech. By investing in projects using blockchain and decentralized technologies, the firm aims to expedite the growth of the web3 space.

    Web3 infrastructure, including blockchain, cryptocurrencies, and decentralized networks, has gained significant traction due to its promise of enhanced security, transparency, and user control.

    Early-Stage Companies Take Priority

    Vessel Capital’s investment strategy for web3 applications centers on identifying and supporting projects that bolster the growth of web3 infrastructure. Focusing on funding early-stage companies, Vessel Capital seeks to nurture innovative ideas and technologies leveraging blockchain, decentralized finance (DeFi), and other emerging web3 solutions. The firm seeks startups that understand the unique challenges and opportunities within the web3 space.

    Vessel Capital eyes the potential of web3 technologies, igniting innovation across sectors, including decentralized finance, blockchain-based solutions, and digital identity systems.

    Their latest investment has the potential to expedite the adoption of web3 technologies and pave the way for a more decentralized digital future.

    Fintech Investment
    Ivy Wu

    Ivy Wu was a media reporter at btw media. She graduated from Korea University with a major in media and communication, and has rich experience in reporting and news writing.

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