On May 24, Singaporean venture capital firm Foresight Ventures announced that it would pledge an additional $10 million to its Foresight X Accelerator, bringing its total to $20 million. Previously, Foresight earmarked $10 million for its accelerator, which launched last November. In its first phase, Foresight focused on 30 companies from its Web3 project pool, providing an investment of $50,000 to $200,000. In June 2022, the company launched a $200 million capital pool to invest in the private rounds of crypto projects looking to access liquidity during volatile market conditions. Last month, the firm was one of several VCs to partner.
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