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The fund Fund I under Blockchain Builders has completed fundraising of 28 million USD, focusing on cutting-edge Web3 projects.
ChainCatcher news, according to Chainwire, the blockchain venture fund Blockchain Builders, with a background from Stanford University, announced that its fund Fund I has completed a fundraising of 28 million dollars. The fund was established by Stanford University graduate students Gil Rosen, Kun Peng, and Steven Willinger, focusing on investing in blockchain startups from Stanford and other top institutions. It has currently invested over $16 million in 40 blockchain companies, covering areas such as artificial intelligence, infrastructure, DeFi, DePIN, payments, and RWA. The remaining funds are expected to be deployed to other blockchain projects by the end of the year.