Venture Capital
Web3 investors such as 1kx, ConsenSys, Collab+Currency, Wicklow Capital and Seed Club were among firms joining the investment round. : Hydra Ventures, a decentralized investment fund, said it raised $10 million to invest in other investment-focused decentralized autonomous organizations. Web3 investors such as 1kx, ConsenSys, Collab+Currency, Wicklow Capital and Seed Club were among the firms joining the funding round. Hydra Ventures describes itself as a "fund of funds," aimed at pooling investment for other investment DAOs that are looking to raise capital on behalf of their communities. There are more than 40 such DAOs, according to data site DeepDAO.

In this article