AppWorks' Fund IV Completes $165 Million Fundraising, Plans to Support Early-Stage AI and Web3 Startups

Odaily News Venture capital firm AppWorks announced that its fourth fund, Fund IV, has completed a $165 million fundraising. The total funds raised by this venture capital firm to date have reached $386 million. The new capital will focus on investing in startups and projects in the Asian market across artificial intelligence, Web3, and the broader digital economy. It is reported that AppWorks has already invested in several Web3 startups, including the DeFi smart agent platform Almanak, DAO infrastructure provider Tally, crypto trading software developer SignalPlus, blockchain privacy protection solution Blokid, and Web3 payment platform Fetcch. (Startupresearcher)