Square Peg plans to raise $550 million for its sixth fund

Odaily News Square Peg Capital plans to raise $550 million for its sixth fund. It is reported that Square Peg has participated in the $5 million seed round of financing for AI startup Mindverse and the $12 million Series A financing for game infrastructure startup Lysto. In October 2022, it announced that its fifth fund had completed $550 million in fundraising. The fund is closely following the high level of activity in the Web3 market in Australia, Israel and Southeast Asia. (Tech in Asia)