- Vessel Capital, a #Web3 venture capital fund, has initiated a $55 million fund.

- The #fund is designed for investments in Web3 infrastructure and applications.

- Founded #by Mirza Uddin, Eric Chen, and Anthony Anzalone.

- The fund allocates around $10 million annually for investments.

- Main focus is on #startups centered around application infrastructure.

- Vessel #Capital might also consider other types of products for investment.