Venture capital firm Leo Ventures has exited a new fund worth US$10 million and plans to invest in Web2 and Web3 technology startups

Singaporean venture capital firm Leo Ventures announced the launch of a $10 million fund, which will focus on investing in Web2 and Web3 technology startups in the APAC, India, and Middle East regions. In terms of Web2, it plans to support projects related to financial technology, deep technology, ESG technology, as well as vertical areas such as artificial intelligence and machine learning. For Web3, it will support projects related to DeFi, L0, L1, infrastructure, Web3 payment solutions, and Web3 consumer technology. (GlobeNewswire)