Paradigm Raises $1.2 Billion Fund as It Expands Into AI
Paradigm was founded in 2018 by Matt Huang and Coinbase co-founder Fred Ehrsam and has long been known as a crypto-focused venture capital firm. It raised a $2.5 billion fund in 2021. Its expansion into AI and robotics reflects digital-asset capital’s growing pursuit of opportunities across a broader range of frontier technologies.
On July 8, 2026, Paradigm announced that it had raised $1.2 billion for its fourth fund, which will invest in startups spanning crypto, AI, robotics and other “technical frontiers.” The firm managed about $11.9 billion in assets as of the end of 2025. Co-founder Matt Huang stressed that the expansion did not mean abandoning crypto, citing its overlap and complementary relationship with AI.
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The history behind this eventCrypto VC Paradigm Seeks $1.5 Billion Fund to Expand Into AI and Robotics
Paradigm is a San Francisco-based crypto venture-capital firm with $12.7 billion in assets under management, according to regulatory filings. It launched a $2.5 billion flagship fund in 2021 and an $850 million early-stage crypto fund in 2024. Its move into AI and robotics signals an expansion beyond blockchain into frontier technologies.
The Wall Street Journal reported on Feb. 27, 2026, that Paradigm was raising up to $1.5 billion for a new fund targeting AI, robotics and other frontier technologies while maintaining its crypto investments. Its existing technology investment team will evaluate potential deals. Co-founder Matt Huang said AI and crypto could converge in applications such as payments by autonomous AI agents.
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