CoinFund Secures $152M To Support Crypto, AI Startups

Venture capital (VC) dollars have been hard to come by lately, but some firms — like CoinFund — continue to push forward. The New York-based VC firm, which currently has more than 100 companies in its portfolio, announced that it raised $152 million in its latest round. The funds will be used to invest in early-stage crypto and artificial intelligence (AI) startups. Where’d The Money Come From?The fund was backed by high-net-worth individuals, family offices and institutional investors. Making the raise even more impressive is the fact that the firm was initially seeking $125 million. In an in…

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