Memecoin News: Pump.fun Launches Pump Fund, Targets Startups Beyond Memecoins

Pump.fun launches Pump Fund with a $3,000,000 hackathon, signaling a strategic pivot beyond memecoins toward long-term startup investment.

Pump.fun has announced a major strategic shift by launching a new investment arm called Pump Fund. The move is its first move away in a clear direction from memecoin only. As a result, the goal of the platform is to aid the wider innovation in startups with structured, long-term capital deployment.

Pump.fun Pivots from Memecoins with New Investment Arm

Pump.fun confirmed on X that Pump Fund will be debuting with a $3,000,000 Build in Public hackathon. The initiative is planning to fund 12 projects. Each selected team will be offered $250,000 at $10,000,000 valuation.

According to the announcement, Pump Fund will identify itself with projects for the long term. Notably, the funded startups need not be crypto-related. In addition, Pump.fun founders will offer direct mentorship to participating teams.

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The launch is on the heels of trading volumes on Pump.fun dropping from early 2025 highs. That previous spike was fueled by strong trading activity of memecoins. Therefore, the new fund is indicative of an effort to diversify the sources of growth.

Pump.fun described the hackathon as a reinvention of the early stage funding model. Instead of relying on venture capital panel and, projects will tokenize participation. As a result, market participants de facto become judges through early support.

The first initiative in the fund focuses on the Build in Public, or BiP, hackathon. It promotes the fast delivery of products and clear communication. Teams are expected to validate ideas by shipping fast and talking openly to users.

Requirements of eligibility include the launching of a token and the construction of an active project. Teams are also required to retain 10% or more of the token supply. In addition, a lot of public engagement via X, community building, and streaming is encouraged.

The platform emphasized that projects of all sector and maturity levels are welcome. Crypto-native applications are not enforceable. Therefore, Pump.fun is positioning itself as a broader startup incubation platform.

Build in Public Hackathon Redefines Early-Stage Funding

The BiP hackathon brings the notion of a market-centric judging model. Community demand and token participation is what determine project traction. Consequently, organic interest is more important than traditional connections or promotional narratives.

Long-term viability will be a factor in investment decisions, Pump.fun said. Beyond social traction, teams need to show the way in terms of sustainable development plans. This approach has the goal of filtering short-lived hype-driven concepts.

Applications for the hackathon are open until February 18, 2026. The first lot of winners will be announced in 30 days. 

Each of the selected projects will receive $250,000 of the $3,000,000 pool of funding. Mentorship by Pump.fun’s founding team is included. This combination deals with both capital and operational guidance.

The initiative is part of Pump.fun’s broader ambition to move on from the memecoin speculation. By focusing on utility-driven startups, the platform aims to be relevant in the long run. Consequently, this pivot may alter the perception of its market.

On the other hand, Pump.fun said that tokenized funding gives power to the user directly. Early supporters get exposure by supporting ideas from the beginning. Therefore, community alignment is central to the success of a project.

Ogoesrall, Pump Fund is an interesting experiment in decentralized startup funding. Its success may have an impact on similar platforms. The initiative was meant to help Pump.fun’s relevance go beyond its memecoin roots.