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Mantle EcoFund is a $200 million catalyzed capital pool investing in native applications and technology partners of Mantle Ecosystem.
It was approved on 2023 July 15th via the MIP-24 proposal.
It aims to catalyze a capital pool of $200 million, to be deployed within Mantle Ecosystem over the next 3 years through the collaborative efforts of the Mantle EcoFund and Strategic Venture Partners.
100 million USDC has been provided by Mantle Treasury, and as Mantle EcoFund's investments are matched typically 1:1 with the Strategic Venture Partners, the remaining $100 million will be comprised of the external matching capital from Strategic Venture Partners when they co-invest with Mantle EcoFund opportunistically.