Cornerstone's second fund, under its umbrella, is planning to raise $200 million by the end of the year and will invest in the Web3 and quantum computing fields.

BlockBeats News, March 30th, according to inc42 report, venture capital firm Cornerstone Ventures announced that it will complete the fundraising of its second fund of $200 million by the end of this year. It is reported that the fund first raised $40 million in January this year and plans to raise $10-15 million in April.

Cornerstone stated that its second fund will focus on industries such as financial services and the technology market, and will also allocate some funds to support startups operating in the Web3 and quantum computing fields.