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Lemniscap, a Cayman Islands-headquartered investment firm, has successfully raised $70 million for its third and largest investment fund. This fund aims to support early-stage Web3 projects, focusing on blockchain innovations and infrastructure. The first close of the fund took place late last year, with the final close occurring recently. Lemniscap plans to provide strategic guidance and funding to startups tackling pre-trend narratives and emerging markets in the crypto space.
1/7 We're thrilled to announce the launch of our new $70M fund to support early-stage Web3 projects tackling pre-trend narratives & up-and-coming markets. https://t.co/mQG198OEtx
WEB3 VC LEMNISCAP RECEIVES $70M FRESH CAPITAL TO DEPLOY INTO CRYPTO SPACE - Crypto venture capital fund, @Lemniscap, has raised some $70 million for its third, and reportedly largest, investment fund. - First close took place late last year, and final close occurred recently in… https://t.co/GZJxVYG6iw https://t.co/VYWJo1hYv4
Lemniscap funding $70M to support Web3 startups with strategic guidance and funding, focusing on blockchain innovations and infrastructure. https://t.co/kns2JpFywK
