🚀 Portal Ventures has just raised $75 million for its second fund, investing in pre-seed Web3 startups! 💰

- Backed by Marc Andreessen & Chris Dixon from a16z, plus funds like Accolade Partners, Theta Capital.

- Focused on Bitcoin programming, decentralized infrastructure (DePIN), and the MEV model.

- Notable startups: Plume Network & Arch.

🔥 Despite a 20% drop in investment last quarter, early-stage capital remains strong, accounting for 85% of total crypto investment.

What do you think about the development of Web3 and blockchain? Share your thoughts! 👇