According to Odaily Planet Daily, crypto venture capital Lemniscap announced that its third fund has completed $70 million in fundraising. The fund is managed by Accolade Partners, a parent fund based in the United States. Roderik van der Graaf, founder and managing partner of Lemniscap, revealed that other limited partners of the fund include undisclosed high-net-worth individuals and founders of Lemniscap portfolio companies.
In addition, the fund's main focus areas include zero-knowledge infrastructure, consumer applications, the Bitcoin ecosystem, security, and decentralized physical infrastructure networks (DePIN).