The post Blockchain Builders by Stanford Grads Closes $28M Fund I to Fuel Early-Stage Web3 Innovation appeared on BitcoinEthereumNews.com.

With many projects getting ready for TGEs, the eight-year fund I is on target to deploy the remaining funds by the end of the year. The Stanford ecosystem is the primary source of pre-seed and seed-stage blockchain founder investments made by Blockchain Builders, a venture fund. The Stanford blockchain ecosystem’s venture fund, Blockchain Builders, has announced that its $28 million Fund I, which was oversubscribed, has been successfully closed. The pre-seed and seed-stage fund makes investments in outstanding innovators from other prestigious universities as well as Stanford’s trailblazing crypto community. Gil Rosen, Kun Peng, and Steven Willinger, three Stanford graduate students, founded the fund, which has invested more than $16 million in 40 blockchain projects including AI, Infrastructure, Defi, DePIN, Payments, and RWAs. With many projects getting ready for TGEs, the eight-year fund I is on target to deploy the remaining funds by the end of the year. The modular AI blockchain 0G (Hack VC, Bankless, Delphi Digital), the open-access AI cloud Hyperbolic (Variant, Polychain, Topology), the blockless Layer-1 Pod (a16z, 1kx), and the supercomputer venture Nexus Labs (Lightspeed, Pantera, Dragonfly) are notable portfolio companies. Co-founder Kun Peng stated: “Blockchain Builders was born from our firsthand experience scaling the Stanford blockchain ecosystem. We started Stanford’s Blockchain Accelerator, teach MS&E 447 Blockchain Entrepreneurship, and produce the Blockchain Application Stanford Summit (BASS) conference series – these initiatives have supported over 200 founders, 400 students, and nearly 5000 cumulative attendees, and provide a deep network to inspire, support, and mentor new founders for success.” Babylon founder Professor David Tse said: “Stanford has an extensive history of blockchain research and innovation including the Tse Lab that I run, the Center for Blockchain Research, and coursework like my EE 374 course on blockchain infrastructure. It’s also responsible for the BASS events and MS&E 447 entrepreneurship course, while…

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Filed under: News - @ May 28, 2025 5:27 am