$60 Million Has Been Raised By Lattice Capital For Their Second Seed Round

admin — Tue, 09 Aug 2022 20:32:57 +0000

Lattice Capital is a venture capital firm that makes early-stage investments in crypto projects and protocols. They just announced the raise of $60 million for their second fund, tripling the capital commitment from its first purse last August 2021. Lattice will apparently write $500,000 to $1.5 million checks out of the fund with plans to invest in 40 to 50 companies.

Capital has already been deployed to nine companies. However, the only deal that was publicly announced so far was for Optic, a startup that uses artificial intelligence to authenticate non-fungible tokens (NFTs). Moreover, Optic announced an $11 million funding round last month.

The existence of the Lattice Capital II fund was revealed in a February regulatory filing, but Lattice only recently confirmed the size and details of the fund.

optic – RE3W.IO

$60 Million Has Been Raised By Lattice Capital For Their Second Seed Round