NEAR Foundation Collaborates with Caerus Ventures to Launch $100M Venture Capital Fund

NEAR Foundation announced that it has partnered with Caerus Ventures to launch a $100m venture capital fund and a venture lab. The fund has an initial closing of $50m and a target of $100m. The first investment will be in the venture lab, which will work with creators and franchise owners to conceive, validate, test and build the next generation of platforms.