Singapore's venture capital firm Leo Ventures has launched a new fund of $10 million, aiming to invest in projects in areas such as Web3

ChainCatcher news, according to GlobeNewswire, Singapore-based venture capital firm Leo Ventures has announced the launch of a new fund with a size of $10 million, which will focus on investing in Web2 and Web3 technology startups in the Asia-Pacific region, India, and the Middle East.

In terms of Web2, the fund plans to support projects related to fintech, deep tech, and ESG technologies, as well as vertical fields such as artificial intelligence and machine learning; while in terms of Web3, it will support projects related to DeFi, L0, L1, infrastructure, Web3 payment solutions, and Web3 consumer technologies.