Heartcore Capital's Web3 Fund raises 15 million euros and will focus on the encryption infrastructure track

Heartcore Capital, a venture capital firm, has raised €15 million ($16.3 million) for its first Web3 fund, which will focus on the cryptocurrency infrastructure sector. Heartcore was founded in 2007 and has invested in more than 100 Web2 companies. In recent years, the firm has entered the Web3 field, providing support to teams from companies such as Panoptic, Elusiv, Li.Fi, Superform, Rhinestone, and MakerDAO. In addition, Heartcore made a private investment in Ethereum as early as 2014 and invested in projects such as Polkadot and Cosmos in 2017. (Blockworks)