Hack is looking to invest in the most “capital-efficient” DeFi projects and solutions that prevent smart contract and protocol hacks.
Web3 venture capital firm Hack VC has raised $150 million to invest in early-stage crypto and artificial intelligence (AI) startups.
In a Feb. 20 statement, The New York-based VC firm said decentralized finance (DeFi), real-world asset (RWA) tokenization and blockchain infrastructure solutions would be the target sectors for most of its crypto-focused investments.
The VC firm added it would also invest heavily in the “Web3 x AI” space, including investment in projects similar to those that it has already funded, such as Jasper AI, a generative AI copilot for enterprises, and Ritual, an AI coprocessor for blockchains.
Read more
Source: https://cointelegraph.com/news/hack-venture-capital-raises-150-million-fund-crypto-ai-startups