greylock

ChainCatcher news, venture capital firm Greylock has launched a new $1 billion fund to invest in early-stage startups. At the same time, Greylock also announced a new initiative called Greylock Edge, which is a three-month company-building program aimed at pre-idea, pre-seed, and seed founders, and will include some form of "flexible" funding.It is reported that Greylock announced the launch of its 16th fund in September 2020, also with a total size of $1 billion. The Greylock blog stated that it has been committed to investing in artificial intelligence for the past decade, and this commitment continues with the 17th fund.According to RootData, Greylock is a Silicon Valley-based venture capital firm managing over $3.5 billion in committed capital. Greylock has invested in 15 blockchain projects, including Coinbase, Magic Eden, and 0x.