Paradigm Raises $1.2 Billion Fund to Invest in Crypto, AI and Robotics
Crypto venture capital firm Paradigm has raised a $1.2 billion fund, its fourth vehicle, to invest in cryptocurrency alongside artificial intelligence, robotics, and other areas of the technical frontier.
The firm has already directed capital from the new fund toward startups including drone delivery company Zipline and space defense business True Anomaly. The capital will support a team focused on investing and building alongside portfolio companies, according to a firm announcement.
From the sources (11 posts)
@matthuangParadigm’s 4th fund $1.2B to invest and build in crypto, AI, robotics, and other areas of the technical frontier
@danrobinsonRT @matthuang: Paradigm’s 4th fund $1.2B to invest and build in crypto, AI, robotics, and other areas of the technical frontier https://t.…
@gakonstI joined Paradigm 6yrs ago on the thesis that the best investors are going to also be builders. Paradigm's fourth fund empowers this special team to pursue its full ambition and partner with the most amazing people living in the future.
@gakonstRT @matthuang: Paradigm’s 4th fund $1.2B to invest and build in crypto, AI, robotics, and other areas of the technical frontier https://t.…
@arjunbljRT @matthuang: Paradigm’s 4th fund $1.2B to invest and build in crypto, AI, robotics, and other areas of the technical frontier https://t.…
@matthuangRT @alanapalmedo: $1.2B to invest in steep exponentials 8 years ago we were backed by people who believed in the crypto frontier. Now we’r…
@theblockcoTHE BLOCK: Crypto VC Paradigm has raised a new $1.2 billion fund to invest beyond crypto, expanding into sectors such as AI and robotics. The firm has already backed autonomous drone delivery startup Zipline and space defense startup True
@aggrnewsCRYPTO-FOCUSED VC FIRM PARADIGM RAISES $1.2 BILLION FOR AI BETS: BBG
@paradigmParadigm's fourth fund
@paradigmRT @matthuang: Paradigm’s 4th fund $1.2B to invest and build in crypto, AI, robotics, and other areas of the technical frontier https://t.…
@paradigmRT @alanapalmedo: $1.2B to invest in steep exponentials 8 years ago we were backed by people who believed in the crypto frontier. Now we’r…