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Crypto venture capital firm dao5 closes $222 million for its second fund

2025.05.01 - 13:08

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TechFlow, May 1 — According to an exclusive report by Fortune, blockchain-focused venture capital firm dao5 has recently closed its second fund at $222 million, primarily backed by family offices and high-net-worth individuals.

Founded in 2022 by Tekin Salimi, a former member of crypto VC giant Polychain, dao5 previously raised a $125 million inaugural fund, which has already been fully deployed into crypto startups including Layer 1 blockchain Berachain and decentralized AI project Bittensor.

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