Robot Ventures, a firm founded in 2018 by Tarun Chitra and Robert Leshner, has raised $75 million in its latest funding round to back early-stage blockchain and crypto startups. The new round triples the firm’s capital base, bringing it to a total of $97 million.

With investors like TrueBridge Capital Partners and Marc Andreessen, Robot Ventures plans to leverage its partners’ experience managing crypto businesses to identify and support high-potential projects. As the crypto market begins to recover, the firm is doubling its investments, focusing on projects aligned with the market’s upward trend.