Early employees of Kalshi, a prediction market platform, have announced the launch of 5c(c) Capital, a venture capital fund targeting the prediction market sector. The fund aims to raise up to $35 million and is led by Adhi Rajaprabhakaran and Noah Zingler-Sternig, both former Kalshi affiliates. Notable investors include Kalshi CEO Tarek Mansour, Polymarket CEO Shayne Coplan, and Marc Andreessen through Moneta Luna.
5c(c) Capital plans to invest in around 20 companies over the next two years, focusing on infrastructure areas such as prediction market market makers and index design. The fund's launch highlights growing interest in the prediction market industry, with backing from prominent figures in the crypto and venture capital space.
Kalshi Alumni Launch $35M Fund for Prediction Market Infrastructure
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