Early Ethereum Investors Launch $100 Million Investment Firm
Early Ethereum investors Konstantin Lomashuk and Vasiliy Shapovalov are relaunching their investment firm, cyber.Fund, with a $100 million capital infusion. The firm aims to accelerate the transition to an open cybernetic economy by investing in blockchain, AI, robotics, and related technologies.
The Motivation Behind the Relaunch
Lomashuk stated that the motivation behind the relaunch is to further develop these newer technologies. By investing capital, they believe they can accelerate technological advancements.
Funding and Current Investment Landscape
The $100 million investment firm is funded entirely by cyber.Fund’s founders. While fresh capital flow into crypto and blockchain enterprises has slowed compared to the bull run, investment in artificial intelligence has surged.
Previous Investments and Future Vision
Before the relaunch, cyber.Fund was active from 2014 to 2018. The firm invested early in projects like Ethereum, Cosmos, Polkadot, Solana, and helped build Lido Finance and P2P. Cyber.Fund envisions a more open, efficient, and sustainable economy shaped by blockchain, robotics, and AI.
Hot Take: Investing in Open Source Technologies for Humanity
Lomashuk emphasized their commitment to building open-source technologies for the betterment of humanity. With their experience in Ethereum and staking, they now aim to invest in founders who share the same values and vision.
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