Crypto Venture Capital Firm Spartan Group Launches $100 Million Web3 Fund

Crypto venture capital firm Spartan Group has announced the launch of its $100 million Web3 Fund. Shaun Heng, former Vice President of CoinMarketCap, joins Spartan Group and leads Spartan Labs, the new venture capital studio running the fund. Spartan Group reportedly launched a $110 million DeFi venture capital fund in 2021 and recently announced a $200 million metaverse/NFT/gaming fund.