Mars Finance reports that venture capital firm AppWorks announced the completion of its fourth fund, Fund IV, raising $165 million. The total amount raised by this VC to date has reached $386 million. The new funds will focus on investing in startups and projects in the Asian market related to artificial intelligence, Web3, and the broader digital economy. It is reported that AppWorks has already invested in several Web3 startups, including DeFi smart agency platform Almanak, DAO infrastructure provider Tally, crypto trading software developer SignalPlus, blockchain privacy protection solution Blokid, and Web3 payment platform Fetcch.
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AppWorks Fund IV completes $165 million fundraising to support early-stage AI and Web3 startups
Mars Finance reports that venture capital firm AppWorks announced the completion of its fourth fund, Fund IV, raising $165 million. The total amount raised by this VC to date has reached $386 million. The new funds will focus on investing in startups and projects in the Asian market related to artificial intelligence, Web3, and the broader digital economy. It is reported that AppWorks has already invested in several Web3 startups, including DeFi smart agency platform Almanak, DAO infrastructure provider Tally, crypto trading software developer SignalPlus, blockchain privacy protection solution Blokid, and Web3 payment platform Fetcch.