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Crypto venture capital firm Ethereal Ventures discloses for the first time that the total size of its two funds is approximately $150 million.

Crypto venture capital firm Ethereal Ventures discloses for the first time that the total size of its two funds is approximately $150 million.

金色财经金色财经2026/05/05 05:35
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Jinse Finance reported, according to Fortune magazine, that crypto venture capital firm Ethereal Ventures has made its first public announcement nearly five years after its founding. The VC was co-founded in 2021 by Min Teo and Ethereum co-founder Joe Lubin, and its two funds have a total size of approximately $150 million. So far, it has invested in over 80 early-stage projects including EigenLayer. It is reported that the DPI (Distributed to Paid-In capital) performance of Ethereal Ventures' first fund has been relatively strong, while less than a quarter of the second fund's capital has been deployed, meaning it still retains ample "dry powder".
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