Private Equity Fund News
Polygon founder Sandeep Naliwal launches $50-M early-stage Web3 fund
Source Decrypt (opens in a new tab)
Sandeep Nailwal, the founder of blockchain infrastructure provider Polygon, has launched a new crypto-focused venture capital firm along with Cere Network founder Kenzi Wang. The new fund, Symbolic Capital, has raised USD 50 million to invest in early-stage Web3 companies.
Symbolic plans to focus on backing startups building consumer-facing decentralized apps.