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The venture capital firm expects to launch up to eight new medtech ventures over the next five years.
The unprecedented speed and scale of the AI buildout, with billions flowing into chips, data centers, networks, and power systems, have focused attention on the challenge of building capacity. But the more important question may be whether enough economic value can be created to justify it.
ByJennifer Braun Published September 29, 2026Reading time2 minutes DownloadPrintText size
Just 10.5 percent of the 706.3 billion won ($520 million) raised across a group of government-backed venture funds designed to nurture artificial intelligence and deep-tech startups into unicorns had been invested in companies by the end of June.
Vance holds a stake worth up to $1 million in the fund and could collect millions more if its investments pay off.
Indian Institute of Technology Madras, IIT Madras Research Park (IITMRP) and venture capital firm Unicorn India Ventures have achieved the first close of their ₹1,000 crore deep-tech Unicorn Frontier Fund at ₹450 crore.
SMEStreet Edit Desk26 Sep 2026 17:14IST New Update
The Ethereum launch is pending, and the fund’s periodic repurchase offers may be oversubscribed.
Uzbekistan’s Agrobank has launched a $6.1 million venture fund that plans to invest in up to 75 startups, with agricultural technology and artificial intelligence among its main targets.
ARK Invest has brought its $1.3 billion ARK Venture Fund onchain through Securitize, marking the first time the firm has tokenized one of its funds. Eligible investors will access the fund on Ethereum through Securitize’s issuance and onboarding infrastructure.