[AppWorks Fund IV Completes $165 Million Fundraising, Focusing on AI and Web3 Startups] Venture capital firm AppWorks announced that its fourth fund, Fund IV, has completed a $165 million fundraising, bringing its total fundraising amount to $386 million. The new funds will focus on investing in startups in the fields of artificial intelligence, Web3, and the digital economy in the Asian market. AppWorks has already invested in several Web3 startups, including Almanak, Tally, SignalPlus, Blokid, and Fetcch.