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AppWorks Fund IV Completes $165 Million Fundraising, to Support Early-Stage AI and Web3 Startups

Summary: In a recent announcement, venture capital firm AppWorks revealed that its fourth fund, Fund IV, has completed a $165 million fundraising round, bringing the total raised by the firm to $386 million. The new funds will be focused on investing in early-stage companies and projects in the Asian market within the fields of artificial intelligence, ...

In a recent announcement, venture capital firm AppWorks revealed that its fourth fund, Fund IV, has completed a $165 million fundraising round, bringing the total raised by the firm to $386 million. The new funds will be focused on investing in early-stage companies and projects in the Asian market within the fields of artificial intelligence, Web3, and the broader digital economy. AppWorks has already invested in several Web3 startups, including DeFi smart proxy platform Almanak, DAO infrastructure provider Tally, crypto trading software developer SignalPlus, blockchain privacy solution Blokid, and Web3 payment platform Fetcch. (Startupresearcher)

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