TradeDog Group's venture funding

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TradeDog Group's venture funding subsidiary TD VC announced a $100M fund to invest in web3 and blockchain companies.  

The fund was launched with a $10M commitment from the general partner. TD VC roped in TDeFi as a strategic partner on the fund. 

  • The firm intends to back startups that are leveraging web3 technology to make "web-based services powered by blockchain better and more accessible," per the press release. 
  • In addition to investing directly in startups, the firm will also invest in underperforming tokens.
  • Web3 startup incubator TDeFi will provide advisory services to startups. 
  • TD VC hired Rupesh Pednekar as a partner to lead the investments and operations of the fund.

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