Robot Ventures raised $4 million for its second fund of initial investment in crypto projects. Its founder is Robert Leschner, better known for his DeFi project Compound.
Founder and CEO of Gauntlet Network Tarun Chitra will also take part in managing the second fund as a partner. According to him, half of the assets collected to date by the fund were provided by Galaxy Digital Mike Novograts.
Robot Ventures II has not yet filed any reports with the U.S. Securities and Exchange Commission (SEC), except for an initial registration application.
"I would call this a 'damn fast-moving' era," Leschner said, commenting on the development of a decentralized finance space. - When I started Compound, there were about three projects that called themselves DeFi. In this space, one week feels like a year. The pace at which people are trying new things is faster than ever before.
The Robot Ventures portfolio includes such projects as Compound, InstaDapp and Ampleforth.
Posted Using LeoFinance Beta
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