We Founder Circle's GIFT City Fund raises $10-M

Early startup investment platform We Founder Circle's GIFT City Fund, which enables investors to commit globally without geographical restrictions, has raised USD 10 million, onboarding over 250 investors. The fund looks at investment sizes ranging from USD 50,000 to USD 1.5 million per funding round. The fund raise size for the GIFT City Fund includes a corpus of USD 30 million with a green shoe option of another USD 30 million. So far, the fund has invested in six startups across artificial intelligence, space technology software, gamification, and healthcare.