Former Andreessen Horowitz investor Katie Hahn announced on Monday a press release His firm has raised $1 billion in new funds to continue its thesis of supporting crypto and blockchain.
Capital will be dispersed among startups In the early and late stages, Bloomberg reportedAnd, will also be used to support focused startups, within the crypto and blockchain sector alternative assets (like gold and other commodities), agentic economy, and financial services.
The company expects to deploy capital globally over the next two to three years. Hahn left a16z in late 2021 and launched his own venture firm shortly after in 2022. PitchBook estimates that the company handles more than $2 billion in assets under management, and its investments include Palmer Luckey’s Erebor Bank and crypto finance company Ellipsis Labs.
