Crypto VC firm Paradigm raises $1.2B to invest in ‘technical frontier’ startups
In Brief
9:29 AM PDT · July 8, 2026
Crypto VC firm Paradigm has raised $1.2 billion — its third venture fund and fourth overall — with the aim of investing in the “technical frontier,” the firm’s founder Matt Huang announced Wednesday.
For Paradigm, the technical frontier will stretch beyond its cryptocurrency investment roots. This fund is expected to expand its investment focus to include robotics and AI. That’s not a surprising move given how hot the AI market has become over the past few years, while crypto has faced challenges.
Paradigm isn’t abandoning crypto altogether, according to a blog postwritten by Huang, and the firm’s managing partner Alana Palmedo. The firm will “continue investing in crypto and the reinvention of markets and the financial system” and will “continue to research and build where it accelerates the industry, from blockchain tools (Foundry, Reth) to agent tools (Centaur) to security...
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