The company has made previous investments in Sui and Eigenlayer. by Jack Kubinec, potentially meaning an article or work written by Jack Kubinec. February 20, 2024 at 2:50 in the afternoon. Blockworks modified the image originally taken by RenataP/Shutterstock. The venture capital firm Hack VC has secured $150 million for investing in early-stage Web3 companies. The round of funding was oversubscribed, with more funds raised than originally intended. There is a growing trend of activity in the crypto venture sector, with major cryptocurrencies reaching new highs. Bitcoin is currently 20243% below its all-time high, but the ‘layer-2’ platform Stacks is even closer to reaching its peak. According to Blockworks, Alexander Pack, the managing partner of Hack VC, has indicated that the firm’s primary focus has been on modular infrastructure. Modular software divides complex systems into smaller, more specific components. It is also looking to invest in tokenized assets from the real world in order to improve stablecoins.