The total amount of funds managed by Seven Seven Six, taking into account the fund launched jointly with the Polygon project, reached $750 million.
Ohanian said the team has invested in 24 unicorns and 11 decacorns over the past decade, with almost all of the funding received early on.
The Seven Seven Six portfolio already includes startups with a capitalization of over $1 billion - Pipe and Axie Infinity developer Sky Mavis.
Earlier, the venture capital firm, together with Solana Ventures, established a $100 million fund to invest in the development of Web 3.0 and blockchain-based social networks.
Recall that analysts at Grayscale Investments predicted an increase in the annual income of the Web 3.0 metaverse sector to $1 trillion.
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