Katie Haun Raises $1 Billion For New Venture Funds

Former Andreessen Horowitz investor Katie Haun announced connected Monday successful a property merchandise that her patient has raised $1 cardinal crossed caller costs to proceed its thesis of backing crypto and blockchain.

The superior will beryllium dispersed crossed startups at early and later stages, Bloomberg reported, and, wrong nan crypto and blockchain space, will besides beryllium utilized to backmost startups focused on replacement assets (like golden and different commodities), nan agentic economy, and financial services.

The patient hopes to deploy nan superior globally complete nan adjacent 2 to 3 years. Haun near a16z successful precocious 2021 and launched her ain task patient soon after, successful 2022. The patient handles much than $2 cardinal successful assets nether management, estimates Pitchbook, and its investments see Palmer Luckey’s Erebor Bank and nan crypto finance institution Ellipsis Labs.