Lemniscap launches a new fund of 70 million US dollars

Foresight News reported that Lemniscap has raised $70 million for its third fund, aimed at investing in early-stage startups. The average check size for each investment in this fund ranges from $1 million to $2 million, and it is expected to be fully deployed within two years. So far, the fund has completed approximately 20 transactions, with Lemniscap leading or co-leading most of them, including Aligned Layer, LN Markets, Legitimate, Fjord Foundry, Farworld, Irys, Gattaca/Titan Builder, Impervious, and Lita.