Lightspeed Faction Launches $285M Crypto Fund to Back Early-Stage Blockchain Startups
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Lightspeed Faction launched a $285M fund for early-stage crypto startups and blockchain projects.
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The fund will invest in Seed and Series A rounds and support projects as they scale.
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Lightspeed Faction combines expertise from Lightspeed Venture Partners and crypto-focused Faction.
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The fund aims to back founders building the next generation of blockchain technology.
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Lightspeed Faction claims it funded successful crypto startups during the bear market like Crossmint, Lens, and Narya.ai.