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Early Ethereum investors Lomashuk and Shapovalov announced the restart of the US$100 million fund "Cyber.Fund"

Early Ethereum investors Lomashuk and Shapovalov announced the restart of the US$100 million fund "Cyber.Fund"

CointimeCointime2023/12/15 05:56
By:Cointime

On December 15th, early Ethereum investors Konstantin Lomashuk and Vasiliy Shapovalov announced the relaunch of their $100 million fund, "Cyber.Fund". Cyber.Fund will provide services to existing portfolio companies as well as new projects and teams.

It is reported that Cyber.Fund is led by Konstantin Lomashuk and Vasiliy Shapovalov, both of whom invested in Ethereum in 2014. When asked why they are launching the fund now, Lomashuk stated that their main motivation is to further develop new technology and believes that investing can accelerate its development.

Lomashuk stated that prior to this relaunch, Cyber.Fund was primarily active from 2014 to 2018. According to Thursday's announcement, the company not only invested early in projects such as Ethereum, Cosmos, Polkadot, and Solana, but also helped establish Lido Finance (Lomashuk is a co-founder of Lido Finance).

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