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

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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 tranche of US-based venture capital firm Mendoza Ventures’ third fund, which has…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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