Sei Foundation Launches $65 Million Sapien Capital — Open Science Fund I for DeSci Startups
The Sei Foundation has officially launched a $65 million venture fund named Sapien Capital, aimed at supporting decentralized science (DeSci) startups. This initiative is fully capitalized and is focused on fostering innovation within the DeSci ecosystem, particularly for projects built on the Sei blockchain. The fund, referred to as 'Sapien Capital — Open Science Fund I,' signifies a strategic move by the Sei Foundation to invest in equity and tokens rather than providing grants, emphasizing a commitment to driving advancements in scientific research through decentralized technologies.
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Filecoin
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