Odaily News Venture capital firm Heartcore Capital has raised 15 million euros ($16.3 million) for its first Web3 fund, which will focus on the encryption infrastructure track. Heartcore was founded in 2007 and has invested in more than 100 Web2 companies. The company has branched out into the Web3 space in recent years, supporting teams at companies like Panoptic, Elusiv, Li.Fi, Superform, Rhinestone and MakerDAO. In addition, Heartcore made a private investment in Ethereum as early as 2014 and invested in projects such as Polkadot and Cosmos in 2017. (Blockworks)