Crypto VC Fund <span class="highlight">DAO5</span> has raised $222 million for its second fund.

BlockBeats News, May 1st, According to Fortune report, cryptocurrency-focused venture capital firm dao5 has raised $222 million for its second fund.

It is reported that dao5, founded by crypto VC giant Polychain alumnus Tekin Salimi in 2022, had previously raised a $125 million debut fund and has already deployed it all into crypto startups, including Layer 1 blockchain Berachain and decentralized AI project Bittensor.

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Good morning! Here is a summary of important news in the cryptocurrency industry from the night of September 14th to this morning.

Financing Selection | a16z leads investment in Pahdo Labs, a development studio for the metaverse platform; DCG participates in investment in Portals, a DeFi yield aggregator.

Last week, there were a total of 22 financing deals with a total amount of approximately 78.3 million US dollars, and the average financing amount was 3.5591 million US dollars.

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GM! A list of important crypto industry news from last night and this morning on April 16

Financing highlights | Spartan led the investment in gaming company L3E7; Galaxy Ventures led the investment in wallet infrastructure company Turnkey

The total number of financings last week was 20, which was less than before, with a total amount of approximately US$191 million and an average financing amount of US$9.55 million.

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