UltiverseDAO has announced the closure of a strategic investment round, raising $4 million at a $150 million valuation to accelerate the development of its AI-powered platform for Web3 game creation. Concurrently, New York-based Hack VC, a venture firm focused on the crypto industry, has successfully raised an oversubscribed $150 million fund, named Venture Fund I. This fund aims to invest in projects at the intersection of web3 and AI, as well as modular infrastructure and tokenized real-world asset (RWA) projects for stablecoin development. The fund's announcement was met with enthusiasm, highlighted by a significant investment of $100 million by individuals impressed by the company's vision, underscoring its potential impact on the future of the internet and the crypto industry.