Grayscale Ventures made the first closure of $20 Mn fund
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Singapore-based Grayscale Ventures has made the first closure at $10 Mn of its $20 Mn micro-fund. The fund targets AI, vertical SaaS and DevInfra-based (development infrastructure) startups. The micro-fund will invest between $200K and $1 Mn in 15-20 pre-seed startups in a period of 10 years. It will have a final closure by quarter three (Q3), 2023.