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Home»ADOPTION NEWS»Early Solana Backer Foundation Capital raises $ 600 million in the 11th fund.
ADOPTION NEWS

Early Solana Backer Foundation Capital raises $ 600 million in the 11th fund.

By Crypto FlexsMarch 5, 20252 Mins Read
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Early Solana Backer Foundation Capital raises $ 600 million in the 11th fund.
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Foundation Capital, a silicon valley venture company and an initial investor at Solana Labs, raised $ 600 million for the 11th fund and continued to focus on startups at the early stage.

A 30 -year -old company, which invests in encryption, fintech and artificial intelligence, said that among other sectors, the new fund will continue to support the founder “Day Zero” before the product is built or profitable.

Foundation Capital said 80%of the company generated 80%of investment before the company generated a single dollar income. “We are looking for something we call ‘$ 0 billion market’. There are no opportunities that do not appear in the industry forecasts, so we do not appear in the industry forecasts because they only see them more than today.”

FOUNDATION CAPITAL’s encryption portfolio

According to the website, Foundation Us, OpenSea, OpenSea, Moonpay, Algorand, Stacks, Helius, Jito and Kamino Binance us, OpenSea, Moonpay, Algorand, Stacks, BCB GROUP, BCB GROUP, It was one of the initial investors of Solana Labs, including Jito and Kamino.

“We’ve been investing in blockchains since 2014, and it’s terrible by Crypto Winters,” the company said. “In each case, it is to find the founder who shares our beliefs.

Foundation Capital aims to continue to focus on emerging technology by continuing to invest in new companies in the formation stage.

Rodolfo Gonzalez, a general partner of FOUNDATION CAPITAL’s Foundation Capital, said, “If you are a seed stage founder who works in Crypto, Fintech or Enterprise AI X.

Foundation Capital’s 11th Fund is 20% greater than the previous $ 500 million fund that was closed about three years ago.


Fund support newsletter: Update with the latest Crypto funding news and free BIMONTHLY newsletter The Funding. Sign up here!


Indemnity: Block is an independent media outlet that delivers news, research and data. As of November 2023, Poresight Ventures is the majority investor of this block. The predictive venture invests in another company in the encryption space. Crypto Exchange Bitget is an anchor LP of predictive venture. This block continues to work independently to provide objective, influential and timely information about the encryption industry. The following is the current financial disclosure.

© 2025 Block. All rights holdings. This article is provided only for the purpose of providing information. It is not provided or used as law, tax, investment, finance or other advice.

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