U.S. venture capital firm Tyche Block Ventures' blockchain growth fund has completed a
30
million fundraising, led by ultra-high-net-worth individuals and family offices from Southeast Asia and the Middle East, and Pacific and other investment partners have committed to provide 500 million Ten thousand U.S. dollars. Tyche Block Ventures has committed to allocate
10
million from the fund to invest in blockchain and Web3 startups in the Middle East. Additionally, Tyche Block Ventures is opening an office in Dubai and plans to launch a new $100 million fund by the end of 2023.
Founded by Prashant Malik in 2021, Tykhe Block Ventures focuses on investing in Web3 startups using distributed ledger technology, digital assets and their core supporting infrastructure.
10
million from the fund to invest in blockchain and Web3 startups in the Middle East. Additionally, Tyche Block Ventures is opening an office in Dubai and plans to launch a new $100 million fund by the end of 2023. Founded by Prashant Malik in 2021, Tykhe Block Ventures focuses on investing in Web3 startups using distributed ledger technology, digital assets and their core supporting infrastructure.