<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YmQ4YzEtMzg0NS03NzY3LWI1N2MtZjc5MWQwODkwMjFiLmpwZw==.jpg" alt="Memecoin platform Pump.fun launches investment arm ‘Pump Fund’" class="type:primaryImage"></p><p>Pump Fund will kick off with a hackathon and back up to 12 projects at $250,000 each at a $10 million valuation.</p>