According to Foresight News, TON Ventures, a venture capital firm founded by former core members of the TON Foundation, has officially launched. The firm has raised $40 million to support early-stage projects within the TON ecosystem. TON Ventures will focus on three types of projects: user applications based on the Telegram social network, Telegram mini-programs, and infrastructure and tools to help developers create popular applications. Selected projects will receive not only financial support but also access to the team's global resources and experience. Benefits include opportunities for Telegram advertising, media exposure, strategic partnerships, and growth and traffic experiments on the TON platform.
TON Ventures was founded by Ian W, former director of the TON Accelerator, and Inal K, former head of the gaming department at the TON Foundation. Previously, Ian and Inal incubated TON blockchain games Catizen and Gatto, as well as the perpetual contract trading platform Tradoor.
