Blockchain engineering group Equilibrium launches venture unit, raising over $30 million for first fund

Equilibrium Group, known for blockchain engineering, unveils Equilibrium Ventures with a $32.5M early-stage fund. Fund I aims for €30M, already securing 20% in initial close. Led by Mika Honkasalo, it targets tech startups, emphasizing blockchain and cryptographic tech like homomorphic encryption. Backed by crypto luminaries, it leverages Equilibrium’s global tech expertise to support founders. Ventures seeks to advance blockchain adoption, predicting it will parallel the evolution of ‘online’ to ‘on-chain’.

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