Paradigm is looking for to boost as a lot as $1.5 billion for a brand new fund that may increase its scope into frontier applied sciences, together with synthetic intelligence and robotics, in accordance with The Wall Road Journal.
The San Francisco-based enterprise capital agency has constructed its status backing digital asset protocols and web3 infrastructure since its founding by former Sequoia accomplice Matt Huang and Coinbase co-founder Fred Ehrsam.
Paradigm, overseeing $12.6 billion in property as of late 2024, launched a $2.5 billion car in 2021 that backed tasks together with Uniswap and StarkWare, and adopted with an $850 million early-stage fund in 2024.
The deliberate fund comes as funding in AI and robotics continues to speed up in 2026, reflecting the rising industrialization of autonomous techniques.
The development has inspired companies to pursue alternatives in bodily AI, the place machine studying fashions are more and more being deployed immediately into hardware-driven and enterprise automation workflows.
Paradigm invested $50 million in Nous Analysis and lately partnered with OpenAI to develop EVMbench, a software for evaluating AI efficiency on blockchain-related duties.
Different crypto-native traders have equally moved to diversify into adjoining know-how fields, looking for to capitalize on the potential convergence between decentralized networks and machine studying techniques.
