Breed VC, run under a Solo GP model, has closed its second early-stage crypto fund at $15 million, with backers including FalconX, Nic Carter, Rob Hadick, and Jake Brukhman.
No partner team, no multi-layered decision structure — Breed VC, run solo by Jed Breed, has just landed $15 million.
This marks Breed VC's second early-stage crypto fund, with Jed Breed leading fundraising and investment decisions as a Solo GP (sole general partner). According to The Block, backers in this round include trading platform FalconX, along with crypto investors Nic Carter, Rob Hadick, and Jake Brukhman.
In the VC world, the Solo GP model has always been a test of personal credibility — without a team to share due diligence and portfolio management duties, a fund's ability to attract heavyweight LPs (limited partners) largely hinges on the GP's own network and track record for judgment within the industry. The willingness of names like Nic Carter and Jake Brukhman to appear on the backer list reflects, to some extent, the relationships Jed Breed has built up over the years in crypto investing circles.
Public information currently available doesn't specify the fund's investment focus, target project stages, or any completed deployments.
StoneX analyst Mark Palmer breaks down four growth drivers behind Robinhood Chain, but the data shows crypto-native users—not Robinhood App users—are actually powering trading volume.
Kit Harington discussed the long-shelved Jon Snow spinoff on the Happy Sad Confused podcast, admitting that after years apart from the character, he now feels "more at peace" with it — a marked shift from his stance last December.
Chvrches release new single 'Roses' after a five-year hiatus, shifting from dreamy synth-pop to dark industrial sounds, and announce charity shows in Glasgow and London this October.
The cause of death for "Heroes" and "Nashville" star Hayden Panettiere has been confirmed, with the medical examiner's report citing toxicity from multiple drugs. Police have ruled out foul play. Earlier this year, she published a memoir opening up about her struggles with addiction and depression.
Apple Music Hall has landed at London's Battersea Power Station, a 600-capacity venue built with dual in-house recording studios and 48 speakers, letting artists leave the stage with a Spatial Audio mix and multi-camera footage already in hand.
Danny Brown will release a 10th anniversary reissue of "Atrocity Exhibition" on November 13, and for the first time ever, perform the album front to back at shows in New York, Los Angeles, Chicago, and Austin. Tickets go on sale September 24.