Heartcore Capital, a risk investment company, is investing in application layer protocols in the cryptocurrency field, as reported by Golden Finance. The company has raised 15 million euros (16.3 million USD) for its first Web3 fund, which will be allocated to founders based on cryptographic infrastructure. Heartcore stated that the infrastructure is ready for wider adoption. Founded in 2007, Heartcore has invested in over 100 Web2 companies. In recent years, the company has ventured into the Web3 field, providing support to teams of companies such as Panoptic, Elusiv, Li.Fi, Superform, Rhinestone, and MakerDAO.