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      Breed VC Secures $15 Million for Second Early-Stage Crypto Fund

      Breed VC, a venture capital firm based in Miami, has successfully raised $15 million for its second early-stage cryptocurrency fund. Founded in 2022 by Jed Breed, a former executive at Circle, the firm attracted investments from notable figures in the crypto industry, including FalconX, Nic Carter, Rob Hadick, and Jake Brukhman. This new fund reflects ongoing interest in early-stage crypto investments, despite a cautious venture capital environment.

      The first fund, which closed at approximately $20 million in early 2023, was slightly larger than the latest offering. SEC filings from November 2025 indicated that the fund's initial close was $13.58 million, with contributions from 51 limited partners, suggesting an average investment of around $290,000 per partner. This indicates a diverse base of individual investors and smaller institutions backing the fund.

      Jed Breed's experience in the crypto sector, particularly as the head of digital assets at Circle, positions Breed VC uniquely within the market. The firm specializes in pre-seed and seed investments in areas such as crypto infrastructure, decentralized finance, and real-world assets. To date, Breed VC has completed between 30 and 52 deals across both funds, with recent investments including M1X Global, a project focused on infrastructure.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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