According to news on September 19, Oak Grove Ventures launched a US$60 million venture capital fund, which will focus on early-stage project investments in cutting-edge technology fields such as Web3, artificial intelligence, and biotechnology.
Oak Grove Ventures, formerly a family office, has deployed more than 30 projects, and its disclosed investment portfolio includes 8 funds and 14 high-quality projects, including SpaceX and Neurallink. Its team members include Alchemy Pay co-founder Shawn Shi, Libra’s former technical head Ethan W, Harmony’s former CTO RJ Lan, former Coinbase vice president Michael Li, former Lightspeed China associate partner Zac Pan and Sino Global’s former VP Sally W, etc. It can provide comprehensive strategic support for projects in terms of financing, strategy, technology, operations, etc.
