Ethereal Ventures Reveals Approximately $150 Million in Two Funds

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According to Fortune magazine, the crypto venture capital firm Ethereal Ventures has publicly disclosed its activities for the first time nearly five years after its establishment. The firm was co-founded by Min Teo and Ethereum co-founder Joe Lubin in 2021, and its two funds have a total size of approximately $150 million. To date, it has invested in over 80 early-stage projects, including EigenLayer. Ethereal Ventures’ first fund has shown a good capital distribution performance (DPI), while the second fund has deployed less than a quarter of its capital and still retains ample ‘gunpowder’.

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