Crypto venture capital firm Marine Ventures has announced its launch, including a first fund, Fund I, with a size of $100 million.

According to Foresight News, the fund is backed by Manta Network co-founder and CEO Victor Ji, and its head of research is BruceMao.

Marine Ventures said Fund I will primarily invest in three areas: early-stage agent-native applications and AI-native applications; AI-driven “super individuals” and teams composed entirely of them; and the AI x Web3 sector.