Oak Grove Ventures launches a $60 million venture capital fund, focusing on early-stage investments in areas such as Web3 and AI

ChainCatcher news, Oak Grove Ventures has launched a $60 million venture capital fund that will focus on early-stage investments in cutting-edge technology fields such as Web3, artificial intelligence, and biotechnology.

Oak Grove Ventures, formerly a family office, has invested in over 30 projects, with a disclosed portfolio that includes 8 funds and 14 high-quality projects, including SpaceX and Neuralink. Its team members include Alchemy Pay co-founder Shawn Shi, former Libra technical lead Ethan W, former Harmony CTO RJ Lan, former Coinbase Vice President Michael Li (technical advisor), former Lightspeed China assistant partner Zac Pan, and former Sino Global VP Sally W, among others.