Uncorrelated Ventures Raises $315 Million for New Fund Focusing on Traditional Software and Crypto Startups

According to Foresight News, venture capital firm Uncorrelated Ventures has successfully raised $315 million for a new fund. The new fund will primarily invest in early-stage projects in traditional infrastructure software (80%) and similar startups in the crypto industry (20%). Salil Deshpande, the founder of Uncorrelated Ventures, believes that blockchain technology still holds value in the storage and computing sectors. Uncorrelated Ventures currently manages assets worth over $700 million, focusing on the US and global markets, particularly the Indian market.