Katie Haun, a former investor at Andreessen Horowitz, has announced that she has raised $1 billion through new funds to support cryptocurrency and blockchain startups. This was reported by Techcrunch.com reported.
According to Bloomberg, this capital will be directed toward startups at various stages of development. The funds will also be used to finance projects focused on alternative assets, including gold and other commodities, as well as financial services.
The company plans to deploy this capital globally over the next two to three years. Katie Haun left a16z at the end of 2021 and founded her own venture firm in 2022.
According to Pitchbook data, the firm currently manages over $2 billion in assets. Its portfolio includes investments in Erebor Bank, founded by Palmer Luckey, and the crypto-financial company Ellipsis Labs.
Read “Zamin” on Telegram!
