Cornerstone's second fund aims to raise $200 million by the end of the year, investing in Web3 and quantum computing

Cornerstone Ventures, a venture capital firm, announced that it will complete a $200 million fundraising for its second fund by the end of this year. It is reported that the fund first raised $40 million in January this year and plans to complete a $1000- $15 million fundraising in April. Cornerstone said its second fund will focus on industries such as financial services and technology markets, and will also use some of the funds to support startups operating in Web3 and quantum computing.