TechFlow news — Unshackled Ventures, a venture capital firm, has announced the closing of its third fund with $35 million raised. Approximately 73% of the capital came from institutional investors, including Cambridge Associates, Cendana, Emerson Collective, California Infrastructure and Economic Development Bank, and Sorenson Impact Advisory.
The newly raised capital is already being deployed into artificial intelligence and Web3 sectors, including investments in Masa Finance, a startup building Web3 identity infrastructure, and Formally, a generative AI legal tech company.
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