Cornerstone Ventures Secures $200 Million Fund for Tech Innovations

Cornerstone Ventures is launching a new $200 million fund aimed at fueling innovation in the tech and Web3 sectors. The firm, which launched its first fund for $40 million earlier this year, has announced plans to conclude fundraising by year-end. This second fund will focus on businesses addressing key challenges in financial services and e-commerce, while also investing in emerging technologies like quantum computing. The fund’s success comes as Web3 adoption continues to grow, with investors eager to capitalize on the potential of blockchain technology.