https://techcrunch.com/2023/01/11/venom-foundation-and-iceberg-capital-launch-1b-venture-fund-to-invest-in-web3/

Venom Foundation, a layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market, and investment manager Iceberg Capital have partnered to launch a $1 billion venture fund, the two firms announced on Wednesday.

The $1 billion vehicle, Venom Ventures Fund (VVF), is a blockchain-agnostic fund that will invest in pre-seed to Series A rounds for web3 protocols and decentralized applications (dApps) that focus on trends like payments, asset management, DeFi, banking services and GameFi.