A100x launches a $50 million Phase II fund to support AI, digital assets, and blockchain startups

ChainCatcher news, according to a press release, venture capital firm A100x announced the launch of its second fund to support AI, digital assets, and blockchain startups, with a scale of $50 million.

The first phase of the fund will start operating in mid-2024 and has already made 15 rounds of investments. A100x's current portfolio in the blockchain and artificial intelligence sectors includes: Web3 solution Blockdaemon, mining cloud service Coreweave, on-chain analytics platform Nansen, blockchain game developer Mythical Games, and tokenization company Securitize, among others.