Former Andreessen Horowitz investor Katie Haun introduced on Monday in a press release that her agency has raised $1 billion throughout new funds to proceed its thesis of backing crypto and blockchain.
The capital will probably be unfold throughout startups at early and later phases, Bloomberg reported, and, inside the crypto and blockchain house, it is going to be used to again startups centered on various belongings (like gold and different commodities), the agentic economic system, and monetary companies.
The agency hopes to deploy the capital globally over the subsequent two to 3 years. Haun left a16z in late 2021 and launched her personal enterprise agency shortly after, in 2022. The agency handles greater than $2 billion in belongings below administration, estimates PitchBook, and its investments embody Palmer Luckey’s Erebor Financial institution and the crypto finance firm Ellipsis Labs.
