Kalshi's early employees plan to raise a $35 million prediction market fund, with Polymarket and Kalshi's CEO participating in the investment

A venture capital firm called 5c(c) Capital, initiated by two former Kalshi employees, is planning to raise up to $35,000,000 to invest in startups related to prediction markets.

The fund has received support from Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan, among others, including individuals from Andreessen Horowitz, Ribbit Capital, and Multicoin Capital. Reports indicate that the fund plans to invest in about 20 companies over the next two years, focusing on market makers, index design, and other prediction market infrastructure areas.