According to Blockworks, two new funds were announced this week. Halo Capital, initiated by Bhavin Vaid and Daniel Howard, has a fund size of $25 million and focuses on data-driven and research-oriented investments. The fund has invested in DePIN project Andrena and Bitcoin-collateralized stablecoin protocol Bima.

Asylum Ventures also announced a $55 million fund, with Notation Capital founder Nick Chirls and Aztec Network’s former head of growth Jonathan Wu joining the fund.

In addition, cybersecurity company Hypernative completed a $16 million Series A financing, and Puffpaw completed a $6 million financing.