TechFlow news — Former Coinbase CTO Balaji Srinivasan announced on X the launch of a new fund, Balaji Fund, aimed at making seed investments in outstanding startups across multiple domains, including but not limited to cryptocurrency, Web3, deep learning, AR/VR, genomics, quantified self, autonomous robotics, network states, and broader frontier technologies. The fund is currently raising capital from accredited investors and charges a 2.5% management fee.
Balaji stated that the fund has received backing from investors such as Coinbase founder Brian Armstrong, AngelList co-founder Naval Ravikant, and USV co-founder Fred Wilson.
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