{"id":39238,"date":"2024-10-09T16:28:13","date_gmt":"2024-10-09T16:28:13","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/vaneck-unveils-30-million-fund-for-crypto-and-ai-startups\/"},"modified":"2024-10-09T16:28:13","modified_gmt":"2024-10-09T16:28:13","slug":"vaneck-unveils-30-million-fund-for-crypto-and-ai-startups","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/vaneck-unveils-30-million-fund-for-crypto-and-ai-startups\/","title":{"rendered":"VanEck unveils $30 million fund for crypto and AI startups"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/11\/ETF_BTC_VanECK_CBOE_Genehmigung-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/11\/ETF_BTC_VanECK_CBOE_Genehmigung-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/11\/ETF_BTC_VanECK_CBOE_Genehmigung-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/11\/ETF_BTC_VanECK_CBOE_Genehmigung-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>VanEck says the new $30 million fund targets startups in crypto, artificial intelligence and fintech.<\/li>\n<li>The fund will invest in 25-35 early stage companies with both strategic and financial upside.<\/li>\n<\/ul>\n<p>Global investment manager VanEck has <a href=\"https:\/\/www.vaneck.com\/us\/en\/press-releases\/vaneck-launches-30m-venture-capital-fund.pdf\" target=\"_blank\" rel=\"noopener\">announced<\/a> a major fund aimed at supporting growth across <a href=\"https:\/\/coinjournal.net\/news\/\">crypto<\/a>, <a href=\"https:\/\/coinjournal.net\/news\/tag\/artificial-intelligence\/\">artificial intelligence<\/a> and fintech.<\/p>\n<p>VanEck Ventures is a $30 million fund unveiled on Oct. 9, and will target early-stage projects. According to VanEck, the fund is aimed at founders at the intersection of digital assets, AI and financial technology.<\/p>\n<h2>Fund targets 25-35 investments<\/h2>\n<p>Wyatt Lonergan and Juan Lopez will lead VanEck\u2019s new fund. Lonergan and Lopez, now general partners at VanEck Ventures, oversaw the investment of Circle\u2019s $50 million early-stage fund. Circle <a href=\"https:\/\/coinjournal.net\/news\/usdc-launches-on-sei-as-circle-invests-in-layer-1-blockchain\/\">invested in layer-1 blockchain Sei<\/a> in November 2023.<\/p>\n<p>The two will have support from VanEck\u2019s global workforce and senior leadership as they lead the investment. Wyatt commented on the fund\u2019s launch on X.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Meet Wyatt, General Partner at VanEck Ventures <a href=\"https:\/\/t.co\/RmsMaGyD4y\">https:\/\/t.co\/RmsMaGyD4y<\/a><\/p>\n<p>\u2014 VanEck (@vaneck_us) <a href=\"https:\/\/twitter.com\/vaneck_us\/status\/1844031299532788002?ref_src=twsrc%5Etfw\">October 9, 2024<\/a><\/p>\n<\/blockquote>\n<p>Jan van Eck, the chief executive officer of VanEck, also commented on what VanEck Ventures means for the company and the industry.<\/p>\n<p>\u201cFrom pioneering an approach to gold investing in 1968 to recognizing the disruptive potential of Bitcoin in 2017, embracing a longterm view on transformative opportunities has always been part of our investment philosophy. This fund extends that vision into the early-stage venture space,\u201d van Eck said.<\/p>\n<p>VanEck eyes 25 to 35 investments into projects across various segments, including tokenized assets, payment solutions on stablecoins and web3 financial marketplaces.<\/p>\n<p>The fund\u2019s check sizes will range from $500,000 to $1 million. However, focus will be on startups with both strategic and financial upside. VanEck Ventures\u2019 new fund has already invested in 4 such companies, although it\u2019s yet to make these public.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/vaneck-unveils-30-million-fund-for-crypto-and-ai-startups\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) VanEck says the new $30 million fund targets startups in crypto, artificial intelligence and fintech. The fund will invest in 25-35 early stage companies with both strategic and financial upside. Global investment manager VanEck has announced a major fund aimed at [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":39239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/39238"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=39238"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/39238\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/39239"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=39238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=39238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=39238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}