Paradigm has raised $1.2 billion for its fourth fund, extending one of crypto venture capital’s biggest names into a wider set of technology markets. The firm said the new vehicle will back builders working in crypto, artificial intelligence, robotics, and other areas near the edge of current software and hardware development.
Summary
- Paradigm’s new fund keeps crypto central while adding AI, robotics, and frontier technology bets now.
- Crypto venture firms are broadening strategies as AI funding captures largest share of venture capital.
- Hyperliquid, Kalshi, Tempo and Morpho show Paradigm still backs crypto market infrastructure despite wider ambitions.