Dragonfly Backs Venice AI to Unicorn Status in $65M Round

Dragonfly has backed Erik Voorhees' Venice AI in a $65 million funding round, propelling the startup to unicorn status. This significant investment underscores the growing interest in AI-driven projects within the crypto ecosystem.

Venture capital firm Framework Ventures closed its fourth fund with a substantial $400 million raise, expanding its strategy beyond blockchain-focused investments. The company's diverse portfolio now spans various sectors, including but not limited to, web3 and traditional tech.