A16z Alum Katie Haun Raises $1.5B for 2 New Crypto Venture Funds

2 years ago

Former Andreessen Horowitz (A16z) spouse Katie Haun has raised $1.5 cardinal for 2 caller crypto-focused funds for her caller firm, Haun Ventures, according to an announcement post. Axios had previously reported connected the news.

  • The funds included $500 cardinal for an early-stage money and $1 cardinal for an acceleration fund, amounts that are noteworthy for a caller money acceptable up by a azygous person.

  • Backing came from A16z and immoderate of that firm’s idiosyncratic partners, arsenic good arsenic from assemblage endowments, charitable foundations and household offices, according to Axios.

  • Haun, who spent much than 10 years arsenic a authoritative with the Department of Justice, told Axios that Haun Ventures volition question to go a registered concern advisor (RIA), which would region caps connected the magnitude of superior that tin beryllium utilized for token purchases. A16z and Sequoia some went the RIA way with their firms.

  • “We’re energized by the accidental to put successful each furniture of the web3 tech stack, and volition backmost projects successful their aboriginal stages arsenic good arsenic erstwhile they are acceptable to accelerate growth,” said Haun successful her announcement post.

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