Foundation Capital launches $600M fund for crypto, fintech and AI startups
Early Solana investor launches $600M fund
Venture capital firm Foundation Capital, known for backing tech startups, has launched its 11th fund, FC-11, with $600 million in funding. The fund will focus on early-stage projects in cryptocurrency, fintech, and artificial intelligence (AI).
Foundation Capital has been in operation for 30 years and started investing in the crypto industry in 2014. Its portfolio includes Solana Labs, Binance U.S., OpenSea, MoonPay, Algorand, Stacks, BCB Group, Helius, and others.
A key aspect of FC's strategy is supporting startups from “day zero.” According to the firm, 80% of its investments are made before a project generates any revenue. The company leverages a network of talent, clients, and industry experts to help founders make decisions that reshape their trajectory.
"For us, ‘early’ doesn’t just mean early-stage. It means being there on day zero, side by side with founders as they solve their earliest and most fundamental challenges. Sometimes, it means spending months brainstorming ideas at a whiteboard before their company even has a name," Foundation Capital wrote in its blog post.
Focus on future unicorns and unseen market opportunities
FC emphasizes that its investment strategy prioritizes the people behind the project, adding that it is eager to work with the next generation of founders to help build what comes next.
"We couldn’t be more excited to announce our latest early-stage fund. If you are a seed-stage founder working in crypto, fintech, or enterprise AI, come talk to us!" wrote Foundation Capital General Partner Rodolfo Gonzalez on X.
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According to Gonzalez, the firm is particularly looking for what it calls “zero-to-billion-dollar markets”—opportunities not yet reflected in industry forecasts but visible only to those who “see beyond what exists today.”
As we wrote, ffter reaching a peak of over $12 billion in total stablecoin supply, Solana has seen a net outflow of $772 million in USDC and USDT over the past week, signaling a shift in market dynamics, according to the Cryptopolitan.
