Blueyard launches $185 million fund

The venture capitalist wants to support business models that contribute to the decentralization of markets and have the potential to enable a "positive future for humanity".

The Berlin-based VC Blueyard is launching its new fund with a volume of 185 million US dollars. The fund size has been increased, but the VC would remain committed to small early-stage funds. However, more capital is now required to continue the lead investor strategy. In the last twelve months, Blueyard has already made 17 investments with the Blueyard 2 and Blueyard Crypto 1 funds. Blueyard 3 is now being launched.

The fund aims to support founders who offer solutions to major challenges and want to help shape the future. "A future in which markets are open and decentralized, in which we have solved our greatest planetary challenges, in which knowledge and data are liberated and humanity can live long and flourish," says the VC. The fund aims to support start-ups in the areas of Web3 and programmable biology. It also aims to promote innovative technology and companies that make knowledge and data accessible. In the past, for example, the VC has invested in the start-ups Pitch, Marvel Fusion, Meatable and Housecat.