Blockchain and AI venture capital firm Cadenza has raised 50 million USD for its early-stage AI venture capital fund.

Odaily Planet Daily reports that the venture capital firm Cadenza, focused on blockchain and artificial intelligence, has announced the completion of a $50 million fundraising for its early-stage AI venture capital fund. The new fund will focus on investments in pre-seed and seed stages, with an emphasis on infrastructure and enterprise applications.

Cadenza's current investment portfolio in the Web3 space includes: Web3 infrastructure Validation Cloud, Malaysia's digital asset exchange Hata, Web3 data streaming and infrastructure company Validation Cloud, Web3 API platform Uniblock, L1 blockchain Linera, and cryptocurrency wallet application Zulu, among others. (Businesswire)