According to PANews, venture capital firm Archetype has announced the launch of its third fund, raising $100 million to support early-stage seed funding for blockchain companies. Archetype previously raised $55 million for its first fund in 2021, followed by a second fund of $155 million in 2022 during the peak of the last cryptocurrency bull market. Despite the smaller size of the third fund, Archetype's Egan emphasized the careful selection of supporters, introducing only one new limited partner.