Friday, 24 March, 2023

USV raises $625M to invest in Web2, Web3 teams

<p>Union Square Ventures (USV), in a blog post, announced that they have raised $625M for their early-stage fund. This new funding will be used by the firm to invest in both Web2 and Web3 companies and projects. The company also plans to invest in opportunities in the market that align with their Theses 3.0 that focuses on trusted brands with access to knowledge, capital and well being. Last year the company had invested 30% of their total funds in crypto related projects.&nbsp;</p>