Katie Haun raises $1 billion for new venture funds

Katie Haun, a former Andreessen Horowitz investor, made the announcement Monday in… press release Her company has raised $1 billion via new funds to continue its thesis of supporting cryptocurrencies and blockchain.

The capital will be distributed to startups In the early and late stages, Bloomberg reportedWithin the field of cryptocurrencies and blockchain, it will be used to support startups focused on them alternative assets (Such as gold and other commodities), the agent economy, and financial services.

The company hopes to deploy capital globally within the next two to three years. Haun left A16z in late 2021 and launched her own investment firm soon after, in 2022. The firm handles more than $2 billion in assets under management, according to PitchBook estimates, and its investments include Palmer Luckey’s Erebor Bank and cryptocurrency finance firm Ellipsis Labs.