5c(c) Capital Aims to Raise $35M for Prediction Market Fund, Backed by Kalshi and Polymarket CEOs

KuCoinFlash

Release Time: 03/23/2026 14:47:04

Summary

5c(c) Capital, a new fund co-founded by former Kalshi staff, is aiming to raise $35 million to support prediction market startups. The fund is backed by Kalshi’s Tarek Mansour and Polymarket’s Shayne Coplan, along with investors from leading crypto funds. Over two years, it plans to invest in approximately 20 companies, focusing on infrastructure such as market makers and index design. As altcoins to watch gain momentum, the fund’s focus could shape price prediction models in the space.

Odaily Planet Daily reports that 5c(c) Capital, a venture capital firm founded by two former Kalshi employees, is planning to raise up to $35 million to invest in startups related to prediction markets.

The fund has received support from Kalshi CEO Tarek Mansour, Polymarket CEO Shayne Coplan, and other investors including individuals affiliated with Andreessen Horowitz, Ribbit Capital, and Multicoin Capital.

The report states that the fund plans to invest in approximately 20 companies over the next two years, with a focus on predictive market infrastructure, including market makers and index design. (Fortune)

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