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With the launch of the $285 million investment fund, Lightspeed Faction aims to be a collaborative partner, assisting projects in achieving their goals. Lightspeed Faction, a United States-based venture capital firm, has announced the launch of a $285 million venture fund aimed at supporting blockchain projects with potential. According to an official
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Venture capital firm Lightspeed Faction has created a $285 million fund for crypto startups, according to a Nov. 9 announcement. The fund will focus on “early stage blockchain projects” and will also provide capital as these projects scale, the announcement stated.At Faction, no entrepreneur will ever have to answer: "why
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Faction, a joint venture with a $25 billion asset-under-management VC firm Lightspeed Venture Partners, typically invests in seed-stage and Series A funding rounds. The firm has investments in Crossmint, Lens, Narya.ai, Skip.money and Matter Labs, the development team behind the zkSync layer-2 network atop Ethereum. Source
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