# Paradigm Raises $1.2B Fourth Fund, Expands Into AI

*Author: David Christopher*
*Published: Jul 8, 2026*
*Source: https://www.bankless.com/fr/read/news/paradigm-raises-1-2b-fourth-fund-expands-into-ai*

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[Paradigm has raised its fourth fund](https://www.paradigm.xyz/writing/announcing-our-fourth-fund), a $1.2 billion pool that will invest across crypto, AI, robotics, and other frontier technology startups, marking the firm's formal expansion beyond digital assets.

## What's the Scoop?
- **Beyond Crypto:** Paradigm said it will continue backing crypto companies while expanding into AI, robotics, and other frontier technologies. Its existing non-crypto bets include drone delivery company Zipline, manufacturing platform SendCutSend, space defense startup True Anomaly, and AI research company Nous Research. Its crypto portfolio includes Hyperliquid, Tempo, and Kalshi.
- **Open-Source Focus:** The firm also said it will keep funding open-source research. In crypto, that includes developer tools like Foundry and Reth. In AI, it has backed projects including Centaur, an agent tool, and EVMbench, a smart contract security research effort with OpenAI.
- **The Bigger Picture:** Paradigm is part of a broader shift among crypto venture firms moving into adjacent sectors. Framework Ventures' $400 million fourth fund and Haun Ventures' $1 billion fund also added areas like AI and robotics to their scope.
- **About Paradigm:** Founded in 2018 by former Sequoia Capital partner Matt Huang and Coinbase co-founder Fred Ehrsam, Paradigm is one of the largest crypto VCs. It managed nearly $12 billion in assets at the end of 2025, including university endowments, [as the Block reports](https://www.theblock.co/post/407617/paradigm-raises-1-2-billion-fourth-fund-crypto-ai-robotics).