Big news in the world of cryptocurrency! A company called Foundation Capital just got $600 million for its new investment fund. They invest in brand new companies, even before they make any money! This is super important for the future of tech.
- Foundation Capital invests in early-stage companies.
- They've invested in Solana and Cerebras, a company that makes computer chips for Artificial Intelligence (AI).
- They've been investing in blockchain technology since 2014.
| Fact | Number |
|---|---|
| New fund size | $600 million |
| Previous fund size | $500 million |
| Cerebras company value | $4.25 billion |
