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Re7 Capital launches a new $10 million venture fund focused on investing in SocialFi startups.
According to Foresight News and reported by The Block, investment firm Re7 Capital has launched a new $10 million venture fund to invest in early-stage SocialFi startups. The fund aims to support approximately 30 early-stage companies in this field. The fund is led by Re7 Capital, with other supporters including Lens (a SocialFi platform founded by Aave’s Stani Kulechov), Dan Romero (co-founder of Farcaster), and existing limited partners of Re7 Capital.