Sei Foundation launches a $65 million DeSci venture capital fund
ChainCatcher news, according to Theblock, the Sei Foundation has announced the launch of a $65 million venture capital fund named "Sapien Capital --- Open Science Fund I," which focuses on supporting decentralized science (DeSci) startups built on the Sei blockchain.The fund is fully funded by the Sei Foundation and plans to complete capital deployment over the next 3 to 4 years, with investment amounts ranging from $100,000 to $2 million, covering both token and equity forms. DeSci aims to improve the funding model for scientific research, data sharing, and the distribution of scientists' rights through blockchain technology, and has attracted the attention of mainstream institutions such as Binance Labs and a16z.