TechFlow reported, according to Cointelegraph, Vagelis Diamantis, CEO and founder of Alpha Protocol Ventures, stated that the venture capital firm has launched a $20 million Web3 fund aimed at investing in "undervalued" Web3 projects, as well as companies related to blockchain gaming and digital collectibles. The fund will also focus on DeFi, Layer 1, and Layer 2 projects.
APV is backed by funding from Diamantis, Nick Rose, CEO of Ethernity, Web3 investment firm Morningstar Ventures, and a group of Web3 angel investors.




