ChainCatcher news, according to Tech in Asia, venture capital firm Square Peg announced that it will raise a new fund of $550 million in the second half of 2024, which will be their sixth fund.It is reported that Square Peg has previously participated in the $5 million seed round financing of AI startup Mindverse, as well as the $12 million Series A financing of blockchain game infrastructure startup Lysto.Previously reported in October 2022, venture capital firm Square Peg announced that its fifth fund completed fundraising of $550 million, with investors including Australian pension funds Hostplus and AustralianSuper, as well as family offices, institutions, and donor funds. Square Peg partner Tushar Roy stated that the new fund will closely monitor high levels of activity in the Web3 markets of Australia, Israel, and Southeast Asia.

ChainCatcher news, Singapore AI startup Mindverse has completed a $5 million seed round financing, led by Square Peg.The startup will use the funds to further research and product development to advance its large personalized models.According to the RootData page, Mindverse was founded in 2022 by former Meta executives and AI researchers. Its flagship products include MindOS Studio (which helps create AI-native websites with personalized chat experiences and interfaces) and Mebot (a productivity tool that learns and remembers users' thoughts and preferences).

ChainCatcher news, venture capital firm Square Peg announced the completion of $550 million fundraising for its fifth fund, with investors including Australian pension funds Hostplus and AustralianSuper, as well as family offices, institutions, and endowment funds. Square Peg partner Tushar Roy stated that the new fund will closely monitor high levels of activity in the Web3 markets of Australia, Israel, and Southeast Asia.It is reported that Square Peg participated in the $12 million Series A funding round for blockchain gaming infrastructure startup Lysto in August this year. (source link)