Kalshi Early Employees Build Prediction Market VC Fund 5c(c) Capital, Targeting $35 Million in Fundraising

GateNews

2026-03-23 14:46:30

Gate News reports that on March 23, early Kalshi employee Adhi Rajaprabhakaran and Noah Zingler-Sternig are raising up to $35 million for the newly established venture capital fund 5c© Capital, focusing on investing in early-stage startups in the prediction market sector. Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan have both participated in the funding, along with other early supporters including Andreessen Horowitz co-founder Marc Andreessen, Ribbit Capital founder Micky Malka, and former Multicoin Capital managing partner Kyle Samani. The fund plans to invest in approximately 20 companies over the next two years, with the first closing to be completed within a month.

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