Exclusive: Crypto venture firm dao5 closes $222 million second fund after investments in Berachain and Bittensor

Quick Summary:

Dao5 is led by Polychain alumni Tekin Salimi and has backed startups like Berachain and Bittensor.

Salimi joined Polychain, the venture firm founded by early Coinbase employee Olaf Carlson-Wee, in late 2017.

The blockchain-focused venture firm dao5 recently closed a $222 million second fund, Fortune can exclusively report.

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Article Details

Author / Journalist: Leo Schwartz

Category: EconomyBusiness

Markets: United States

Topics: Blockchain Cryptocurrency Venture Capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 13:00:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 665 words

Reading Time: 4 minutes read

Sentences: 5 lines

Sentence Length: 133 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28309578

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About Fortune

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Official Website: fortune.com

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Year Established: 1929

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News Last Updated: 9 hours ago

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Publisher ID: #95

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