Blockchain technology provider Venom Foundation is joining Iceberg Capital on a $1bn fund while BioNTech is paying $440m for portfolio company InstaDeep.

Funds Venom Foundation, the creator of a Blockchain platform aimed at emerging markets, has teamed up with investment management firm Iceberg Capital to form a $1bn investment vehicle called Venom Ventures Fund. It will invest in developers of Web3 and decentralised applications from pre-seed to series A stage. Bank of America has led the first…

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