Cornerstone's second fund plans to raise $200 million by the end of the year, focusing on investments in the Web3 and quantum computing sectors

ChainCatcher news, according to inc42, venture capital firm Cornerstone Ventures announced that it will complete the fundraising of its second fund of $200 million by the end of this year. It is reported that the fund raised $40 million for the first time in January this year and plans to complete an additional $10-15 million in April.

Cornerstone stated that its second fund will focus on industries such as financial services and technology markets, and it will also allocate part of the funds to support startups operating in the fields of Web3 and quantum computing.