Theta Capital Raises $175M for Blockchain Startup Investments
- Theta Capital Management raised $175 million for its fourth fund of funds.
- The fund targets early-stage Web3 startups through firms like Polychain and Coinfund.
- Venture investments in crypto startups increased by 54% in Q1 2025, totaling $4.8 billion.
- Theta Capital manages assets worth $1.2 billion as of now.
- Ruud Smets is the Managing Partner at Theta Capital Management.
Theta Capital Management has raised $175 million to invest in blockchain startups, focusing on early-stage Web3 ventures through firms such as Polychain and Coinfund. This comes amid a significant rise in venture investments in crypto startups, which grew by 54% to reach $4.8 billion in the first quarter of 2025.