A Chicago VC firm that invests in blockchain, metaverse, NFTs and other “Web3” technologies has closed its inaugural fund.
Decasonic, led by Paul Hsu, announced Tuesday the final close of its $48.8 million fund. Called the Disruptive Innovation Venture and Digital Assets Fund, it will invest in blockchain, decentralized finance, gaming, metaverse, NFTs, DAOs and other Web3 startups.
The fund announced a $20 million first close back in October. Decasonic has invested in more than a dozen startups…