Paradigm Raises $1.2 Billion for Fourth Venture Fund
The post Paradigm Raises $1.2 Billion for Fourth Venture Fund appeared on BitcoinEthereumNews.com. The new pool targets crypto, AI and robotics, widening the firm’s bet beyond pure digital-asset investing. Paradigm, a crypto-focused venture capital firm co-founded by Matt Huang, said Wednesday it raised $1.2 billion for its fourth fund to invest across crypto, artificial intelligence and robotics. Huang announced the raise in a post on his official X account, writing the new vehicle will fund investing and building “in crypto, AI, robotics, and other areas of the technical frontier.” The post did not name limited partners, disclose a first-close date, or specify how the $1.2 billion will be split across sectors. The fourth fund extends Paradigm’s mandate beyond its original crypto-only focus. On its website, the firm describes itself as “a frontier technology investment firm that builds and invests in crypto, AI, robotics, and across new frontiers from the earliest stages,” language th