Anubi Foundation announces the establishment of an initial $100 million fund to focus on promoting DePIN development

Web3 venture capital firm Anubi Foundation announced the establishment of a first-phase fund of US$100 million, focusing on promoting innovation and development in the DePIN field. Major investors include major high-net-worth family offices and institutions, listed companies, top exchanges and corporate executives around the world. The founding managing partner of the Anubi Foundation said: "Anubi Foundation plans to invest and support DePIN, AI application layer projects and early blockchain infrastructure for Web3 technology, and support outstanding founders who are committed to advancing the development of Crypto, Web3, DePIN, AI and DAO." It is reported that the partners and investment research team of the Anubi Foundation are composed of senior members from the world's top venture capital companies. They have rich project operation experience and deep industry networks, and have led the domestic and overseas IPO business of many large projects. The Anubi Foundation has previously successfully invested in multiple Web3 and DePIN projects.