Kosmos Ventures has established a new blockchain fund called Zero Age Ventures, which has raised $10 million in funding.
BlockBeats news, on May 25th, the team behind Australian venture capital fund Kosmos Ventures announced the launch of a new investment fund, Zero Age Ventures, focused on blockchain technology. Zero Age Ventures will continue to manage Kosmos' new investments. After successfully completing the initial transaction, General Partners pledged up to $10 million in proprietary capital, which will be allocated in large amounts in 2023 and 2024.
Kosmos was originally founded in 2017 and made significant seed investments in protocols such as Solana, Algorand, Polkadot, and Fantom.