According to Odaily, the Anubi Foundation, a Web3 venture capital firm, has announced the establishment of its first fund, valued at $100 million, dedicated to fostering innovation and development in the DePIN sector. The primary investors include offices and institutions of high-net-worth families worldwide, listed companies, leading exchanges, and corporate executives.
The founding managing partner of the Anubi Foundation stated that the foundation plans to invest in and support DePIN, AI application layer projects, and early blockchain infrastructure of Web3 technology. The aim is to back outstanding founders committed to advancing Crypto, Web3, DePIN, AI, and DAO development.
The partners and investment research team of the Anubi Foundation are composed of senior members from leading global venture capital firms. They have extensive project operation experience and a deep industry network, having led several large-scale projects' domestic and overseas IPO businesses. The Anubi Foundation has previously successfully invested in multiple Web3 and DePIN projects.