Ethereal Ventures Discloses $150M in Combined Fund Size After Nearly 5 Years, Having Invested in 80+ Projects

According to ChainCatcher, Ethereal Ventures, co-founded by Min Teo and Ethereum co-founder Joe Lubin in 2021, has disclosed for the first time that its two funds have a combined size of approximately $150 million and have invested in over 80 early-stage projects including EigenLayer. The firm's first fund has shown strong capital distribution performance, while the second fund has deployed less than 25% of its capital, maintaining substantial dry powder for future investments.
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