German Web3 fund w3.fund completed fundraising of 10 million euros
German Web3 fund w3.fund announced the completion of a €10 million fundraising round. The fund has established a co-working space in Berlin to support the Web3 community, allowing participants from various cryptocurrency projects such as Solana, Polygon, Polkadot, Coinbase, and Ethereum to hold regular events and hackathons. So far, w3.fund has invested in 19 startups covering areas such as RWA tokens, gaming, and AI. It is reported that the fund will invest unused funds in BTC and ETH to seek value storage returns.
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