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A new venture capital firm in New York City wants to bring back the art of making startups. With a $55 million fund, Asylum Ventures recently launched its new fund targeting inception-stage startups, planning to invest $1-2 million in pre-seed and seed-stage firms. Behind the initiative are Nick Chirls, founder of Notation Capital and an early investor in Livepeer, Solana, Near, and Bison Trails — now Coinbase Cloud — and Jonathan Why, a former Aztec Networks growth leader. Asylum is based in Brooklyn but is generalist in geography and scope. “We are generalists, but we believe the best invest…

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