Breed VC Raises $15 Million for Second Crypto Fund

Breed VC has raised $15 million for its second crypto fund, with investors including FalconX, Hutt Capital, Arrington Capital, as well as Nic Carter, Rob Hadick, and Jake Brukhman. The fund primarily invests in crypto startups at the "Day Zero", Pre-Seed, and Seed stages, with individual investments ranging from $250,000 to $750,000, focusing on open financial infrastructure and decentralized AI, and plans to complete deployment over the next 3 to 4 years. Breed VC's first fund was launched in 2023 and has completed its investments, with a portfolio that includes Monad, Ethena, Agora, MyPrize, and Nous Research.

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