Crypto VC Haun Ventures raises $1 billion for funds investing in blockchain and AI
Summary
Haun Ventures, founded by former a16z partner Katie Haun, has secured $1 billion for new funds targeting early and later-stage startups. The firm plans to deploy this capital over the next two to three years into companies focused on blockchain, artificial intelligence, and alternative assets. This raise reflects a strategic pivot toward cautious investing, as the current market environment prioritizes companies with proven revenue and real user bases over high-valuation growth.
(Source:The Block)