Kinship Ventures plans to raise $75 million for its first fund

Gwyneth Paltrow, the investment arm of Gwyneth Paltrow, who plays Iron Man's assistant Pepper in the "Iron Man" series, plans to raise $75 million for its first fund, Axios reported. The fund will invest between $500,000 and $3 million in consumer goods and technology companies, including Web3 startups. Kinship Ventures invested in MoonPay in 2022.