Paradigm raises $1.2B Fund III to invest in crypto, AI, and robotics startups, TechCrunch and Bloomberg report.

Paradigm, the VC firm founded in 2018, closed a $1.2 billion Fund III to back startups in crypto, AI, and robotics, according to TechCrunch and Bloomberg. The fund underscores continued VC appetite for technical frontier investments.

• Crypto VC firm Paradigm raises $1.2B to invest in ‘technical frontier’ startups
• Crypto-Focused VC Firm Paradigm Raises $1.2 Billion for AI Bets