TechFlow news, June 24 — According to TheBlock, Frachtis, a newly launched crypto-focused venture fund, has announced the closing of a $20 million fundraising round. The fund will focus on blockchain and artificial intelligence projects at the pre-seed and seed stages, with key areas including decentralized infrastructure, middleware, and user-facing applications.
The fund has already invested in eight projects, including Hyve, Turtle.Club, and Bless Network. Its limited partners (LPs) include Chorus One, cyber•Fund, RockawayX, and Theta Blockchain Ventures.




