Crypto VC Dao5 Closes $222M Fund

Crypto VC Firm Dao5 Secures $222M Fund for Institutional Projects

• Dao5 closed a $222 million fund.
• The fund is concentrated among 15 limited partners.
• Participants include family offices and notable individuals.
• The success of Dao5’s previous fund influenced participation levels.

Tekin Salimi, founder of Dao5, reported that the venture capital company’s second fund raised $222 million, with significant involvement from 15 limited partners, including family offices and notable individuals. The success of their previous fund played a crucial role in attracting this level of participation.