LBank Labs announced its investment in fund management company SevenX Ventures, after LBank Labs invested in SevenX Ventures Funds I, II, III and its FOF as an early investor. This is the eighth fund in LBank Labs FOF strategic investment, and it plans to continue to expand FOF investment in the next few months. Foresight News noted that SevenX Ventures is a research-driven Web3 venture capital company with a total asset management scale of approximately US$300 million and an average team experience of 6 years. SevenX Ventures has previously invested in nearly 100 projects, including NEAR, Arweave, Zerion, YGG, Mask Network, AI Arena, Space and Time, CyberConnect, Debank, and DODO, etc.