Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund
- bhoomisinghal0
- Jul 12, 2024
- 1 min read
Morgan Creek Digital plans to raise up to $500 million for a new fund targeting early stage opportunities in artificial intelligence (AI), blockchain technologies, chips and data, the company said in a press release on Friday. The firm is talking to sovereign and institutional investors, corporate officers, and industry subject matter experts in Europe, the Middle East and Africa (EMEA) and in Asia-Pacific (APC) as it looks to expand its regional footprint, the company said. The venture capital firm says the EMEA and APAC regions are going to be leaders in the future of technology by notably increasing investments in AI and blockchain.
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