Sino Global, Coinbase and Libra Alums Start $60 Million Web3 Fund


19 Sep 2023 6:35 AM

Oak Grove Ventures will focus on early-stage investments in Web3, artificial intelligence and biotechnology....

  • Alumni from well-known names in crypto and fintech have started a new $60 million fund called Oak Grove Ventures.
  • The fund focuses on the intersection of Web3, artificial intelligence, and biotech.
  • The team includes notable figures such as Sally Wang, Ethan Wang, Shawn Shi, and Michael Li.
  • Oak Grove Ventures aims to foster a community of visionaries and founders who share their passion for innovation.
  • The fund has a proven track record of successful early-stage investments, supporting over 30 projects in the past.
  • Their disclosed investment portfolio includes eight funds and 14 high-quality projects, including SpaceX and Neuralink.

The sentiment of the article is generally positive. It highlights the establishment of Oak Grove Ventures, their focus on innovative technologies, and their successful track record in early-stage investments.

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