Heartcore Capital raises €15m for first Web3 fund to back startups advancing application layer protocols

Heartcore Capital, a venture capital firm focused on crypto, has secured €15m ($16.3m) for its inaugural Web3 fund. The fund will invest in startups that are developing application layer protocols in areas such as DeFi, gaming, social, software, and DeSci. Heartcore Capital typically invests between $250k and $500k in private rounds, but does not lead them. For more information on the tech venture capital industry, visit VCWire.tech.