"Blockchain Capital also announced today the funds first investment will be into Parity Technologies Ltd (formerly known as Ethcore). Parity is the company that created the Parity Ethereum software. Dr. Gavin Wood, the creator of the Ethereum specification, has recently also proposed a revolutionary heterogenous multichain framework called Polkadot. Polkadot is a third generation public, permissionless blockchain technology designed to be at once scalable and extensible, solving two of the greatest problems preventing widespread adoption of blockchain technology today."
Those are great news and Parity/Polkadot is in the best hands possible with Gavin Woods, seems like a very promising project. I'm not sure how they plan to monetize this eventually, my theory is that there will be an ICO eventually and the fund will act as VC/early founder and get a share of the network.