#BlockchainNews# Blockchain engineering company Equilibrium Group announced the launch of its venture capital arm Equilibrium Ventures and its first early-stage fund, Equilibrium Ventures Fund I. According to investment partner Mika Honkasalo, the fund aims to raise 30 million euros (about 32.5 million U.S. dollars), and about 20% (6.5 million U.S. dollars) has been raised in the first round, and it is expected to complete all fundraising by the end of this year. Supporters include Sebastien Borget of The Sandbox, Mask Network, and Jigeum Capital. The fund will deploy capital in the next 24 months to invest in equity and token projects, and is expected to support projects that will eventually issue coins. The average investment amount for each startup will be between $250,000 and $1 million, mainly used to support Pre-Seed and seed rounds, as well as some Series A startups. What do you think about this? Welcome to leave a message in the comment area to discuss!