Ethereal Ventures Reveals $150 Million Fund Size After Five Years

2026-05-05 17:37

Ethereal Ventures, a venture capital firm co-founded by Min Teo and Ethereum co-founder Joe Lubin in 2021, has publicly disclosed its fund size for the first time. The firm manages two funds with a combined total of approximately $150 million in assets. Since its inception, Ethereal Ventures has invested in over 80 early-stage projects, including EigenLayer. The firm's first fund has reportedly achieved strong distributed capital returns, while the second fund has deployed less than 25% of its capital, maintaining significant reserves for future investments. This announcement marks a significant milestone for Ethereal Ventures as it continues to support innovation within the Ethereum ecosystem.

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