ChainCatcher news, according to Bloomberg, Robot Ventures has raised $75 million for its early-stage cryptocurrency venture capital fund. Robot Ventures is an early investor in crypto startups such as EigenLayer, Lido Finance, and Flashbots. This is Robot Ventures' fourth fund, with investors including TrueBridge Capital Partners, Haun Ventures, Marc Andreessen, and Chris Dixon.

ChainCather message, a user has created the "2024 Top Fund Investment Performance Dashboard" data on Dune Analytics, which tracks the year-to-date performance of 11 top venture capital funds. The data assumes that the funds have never sold the tokens of their investment projects, whether in the seed round or subsequent rounds. The tracking shows that, except for Coinbase Venture, the composite cumulative return rate of the investment portfolios of the other crypto venture funds is negative, including: OKX Venture, Pentera Capital, Delphi Venture, Spartan Venture, Binance Lab Venture, IOSG Venture, Multicoin Capital, Hashkey Capital, Polychain Capital, and Dragonfly Capital. Additionally, the data also indicates that the funding from these institutions this year has primarily flowed into three major areas: DeFi, Blockchain Infra, and GameFi.

ChainCatcher news, Cinneamhain Ventures partner Adam Cochran posted on social media that the pace of venture capital investment in cryptocurrency has significantly slowed, with a subtle reason behind it. Most venture capital firms have limited partners (LPs), who are primarily interested in returns that exceed those of index funds. However, in the medium term, simply holding Bitcoin and Ethereum can "easily outperform" index funds in terms of risk-adjusted returns.This allows venture capitalists to take a wait-and-see approach towards Bitcoin and Ethereum, waiting for safer and more profitable opportunities, rather than taking on as much early risk in startups as they would in other industries. This is because there are no assets in other markets that provide holding yields like BTC or ETH.Adam Cochran stated that during the last crypto cycle (2020 to 2024), venture capital firms "seemed very active," hoping to get rich alongside participants by investing in applications that had "already exploded." However, several known narratives (NFTs, AMM forks, DeFi, L2s) have already reached their end, and it is currently unclear what the next steps should be.

ChainCatcher news, according to Fortune magazine, a survey found that Yida Gao, the founder of crypto venture capital Shima Capital, created a secret offshore entity and transferred assets belonging to his venture capital firm to a company registered in his own name, without the knowledge of other investors in the company. Lawyer Eric Hess stated that this completely violates the conduct permitted under the Investment Advisers Act.Yida Gao has not been charged with any crime, and a representative of Shima Capital stated that the company would not comment on "such regulatory matters." However, according to an anonymous source, Yida Gao's poor performance and behavior have clearly violated the investor protection rules of the U.S. Securities and Exchange Commission (SEC), putting him in a difficult position for raising further funds. A representative from Shima Capital revealed that the company is currently not seeking financing.Shima Capital has also experienced a wave of high-level employee departures in recent months, including Chief Technology Officer Carl Hua and Research Director Alexander Lin, who left earlier this year to start their own venture capital firm, as well as Chief Operating Officer and Head of Compliance Hazel Chen. The departing executives did not respond to requests for comment. The latest SEC filings show that the firm manages approximately $158 million in assets—this figure is down from the $200 million raised in 2022.

ChainCatcher news, according to Fortune magazine, a limited partner of the crypto venture capital firm Blockchange disclosed that the firm's first fund completed a total capital allocation of over $530 million to investors this March. Since its establishment, the fund has allocated a total of over $860 million.

ChainCatcher news, according to Bloomberg, as the financing scale of the digital asset industry rises again, venture capital firms are turning to crypto startups and projects founded by professors and scholars.Analysis shows that the crypto projects Shara, CheckSig, and NEBRA were all founded by scholars, and these projects have successfully raised funding support in the past two months.Notably, EigenLayer, founded by University of Washington associate professor Sreeram Kannan, secured $100 million in February this year with participation from Andreessen Horowitz (a16z), while the crypto project Babylon, founded by Stanford University professor David Tse, successfully raised $18 million. Both projects focus on the vertical field of restaking in crypto.

ChainCatcher news, according to official sources, the venture capital firm No Limit Holdings announced the appointment of Jeremy Huff as partner and co-founder, who previously served as Managing Director and Chief Operating Officer for Morgan Stanley in the China region.It is reported that Jeremy Huff has been the Chief Operating Officer of Morgan Stanley in China since 2017, executing strategies across multiple platforms for the company in mainland China, including serving as the Director of Morgan Stanley's onshore mutual fund business and as a member of the investment committee for Morgan Stanley's RMB private equity fund.

ChainCatcher news, South Korean crypto venture capital firm Hashed stated that the company executed a total of 29 investments in 2023, with a total investment amount of 36.8 billion won (approximately 28.41 million USD). By industry, blockchain infrastructure accounted for 21%, gaming for 21%, finance for 21%, and IP and content-related startups for 15%.In addition, the company also invested in various early-stage startups that can leverage blockchain infrastructure in the long term, including O2O platforms, sharing economy, and artificial intelligence startups. By country, South Korea had the largest share at 38%, followed by North America (21%), Europe (7%), and other Asian regions such as Singapore (34%). A total of 20 new investment companies were involved, most of which are early-stage startups ranging from seed to Series A.

ChainCatcher news, according to The Block, the digital asset investment firm Haun Ventures, led by former U.S. federal prosecutor Katie Haun, announced that its Chief Policy Officer Tomicah Tillemann is set to resign from his full-time position. Additionally, the company is expanding its policy advisory team for founders. It is understood that Tillemann, who previously served as the global policy head at a16z, plans to join a nonprofit organization next year and will continue to serve as an advisor to Haun Ventures.

ChainCatcher news, according to VentureBeat, Dubai-based crypto venture capital firm Illuminati Capital has raised $50 million to invest in early-stage blockchain startups, with a focus on decentralized finance (DeFi), blockchain gaming, artificial intelligence, NFT infrastructure, and real-world assets (RWA).

ChainCatcher news, according to Fortune magazine, Haun Ventures, founded by former a16z partner Katie Haun, has only successfully deployed 30% of its $1.5 billion fund a year and a half after its establishment and fundraising. The original plan was to deploy all the funds within 2 years, but it was immediately met with a bear market, and its plan has now changed to deploy the funds over approximately three years.As of mid-June, the company has deployed about 30% of its capital across more than 20 investments, including publicly traded tokens (such as BTC, ETH, etc.). Haun Ventures declined to disclose detailed holding data.According to the crypto data platform RootData, Haun Ventures has invested in companies such as the NFT creation platform Zora and the Web3 infrastructure platform ThirdWeb, and provided $32 million in the Series B funding round for the privacy-focused blockchain network Aleo, as well as support for the crypto data analytics platform Artemis.

ChainCatcher news, according to Bloomberg citing informed sources, former FTX Chief Operating Officer Constance Wang has joined the crypto venture capital firm Sino Global Capital. Wang previously served as the Chief Operating Officer of FTX and Co-CEO of FTX Digital Markets, with responsibilities including leading the exchange's global business expansion, overseeing token listings, and managing public relations and marketing. Sino Global disclosed that it was an early investor in FTX after the exchange's collapse.According to LinkedIn, Constance Wang briefly worked as a Business Development Manager at Huobi Global before joining FTX, and she had also worked as an analyst at Credit Suisse for two years.

ChainCatcher news, the crypto venture fund Variant Fund has announced the launch of the inaugural Variant Founder Fellowship, a new three-month cohort-based accelerator program for web3 founders in the earliest stages of their journey. Participants will gain access to a peer network of Variant's founders, builders, and experts who operate at the forefront of cryptocurrency, learn from specialists in web3, and build alongside teams in the Variant portfolio. Applications are now open until April 17, 2023. (source link)