New VC Fund Launches to Invest in Prediction Markets
- 5c(c) Capital, a new venture capital firm, is focused on investing in prediction markets.
- The firm aims to raise up to $35 million and invest in approximately 20 companies over the next two years.
- Founders include Shayne Coplan from Polymarket and Tarek Mansour from Kalshi.
- Trading volumes in prediction markets have increased significantly since the U.S. presidential election.
- The fund will focus on early-stage investments tied to infrastructure and services around prediction markets.
The launch of prediction markets has shifted from niche finance to mainstream, attracting new users and increasing trading volumes. This growth has opened opportunities for startups developing tools and services to support these markets.
5c(c) Capital plans to make strategic investments as the prediction market sector expands, with a goal of raising $35 million for its initiatives.(Source)