Robot Ventures, led by Compound founder Robert Leshner, raises $4 million for DeFi-focused investment fund

Robot Ventures, the cryptocurrency startup investor led by Compound founder Robert Leshner, has raised $4 million for its second fund to develop DeFi projects.

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In order to back more teams, with more resources, and more expertise, I’m honored to announce that @robotventures is growing.

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The smartest mind in the space, @tarunchitra and I have teamed up, and are joined by @novogratz Galaxy Digital and @paradigm.https://t.co/4ae9oS2vhd

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— 🤖 Leshner (@rleshner) September 30, 2020

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The first Robot Ventures fund remains under Leshner’s full control; to launch the second, he brought on Tarun Chitra, founder of Gauntlet Network, as a partner.

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Part of the funds from the $4 million came from Galaxy Digital’s Mike Novogratz and Paradigm.

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I am working overtime to read enough to have conversations with @tarunchitra and @rleshner 😂. These guys are awesome. Excited to be partnering. https://t.co/bQ20K3v4YK

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— Mike Novogratz (@novogratz) September 30, 2020

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Robot Ventures has not yet filed any forms with the U.S. Securities and Exchange Commission (SEC), beyond the registration filing.

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The Robot Ventures portfolio currently includes projects such as Coinmine, Ampleforth, InstaDapp, Compound, and others.

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Read more about Compound in ForkLog’s exclusive feature.

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How the DeFi service Compound caught up with and overtook its rivals

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