Early Ethereum investors Lomashuk and Shapovalov announced the relaunch of the $100 million fund "Cyber.Fund".
According to BlockBeats news on December 15th, Konstantin Lomashuk and Vasiliy Shapovalov, early investors in Ethereum, announced the relaunch of the $100 million fund "Cyber.Fund". Cyber.Fund will provide services for existing investment portfolio companies, as well as new projects and teams.
It is reported that Cyber.Fund is led by Konstantin Lomashuk and Vasiliy Shapovalov, both of whom invested in Ethereum in 2014. When asked why the fund is being launched now, Lomashuk stated that his main motivation is to further develop new technologies and believes that investment can accelerate technological development.
Lomashuk stated that prior to this relaunch, Cyber.Fund was primarily active between 2014 and 2018. According to Thursday's announcement, the company not only invested early in projects such as Ethereum, Cosmos, Polkadot, and Solana, but also helped establish Lido Finance (Lomashuk is a co-founder of Lido Finance).