Odaily Planet Daily News Haun Ventures, founded by former a16z partner Katie Haun, only managed to deploy 30% of its $1.5 billion in funding a year and a half after it was established and raised $1.5 billion.
Although it was originally planned to deploy all funds within 2 years, Haun Ventures caught up with the bear market after its establishment, and its current plan has been changed to deploy funds in about three years.
As of mid-June, Haun Ventures has deployed about 30% of its capital in more than 20 investments, including publicly traded tokens (such as BTC, ETH, etc.). Haun Ventures declined to disclose its specific positions.
It is reported that Haun Ventures has invested in companies such as NFT creation platform Zora and Web3 infrastructure platform ThirdWeb. Haun Ventures is also providing $32 million in a Series B extension to privacy blockchain network Aleo and backing encrypted data analytics platform Artemis. The company plans to announce more deals soon. (Fortune)
According to previous reports, in March 2022, venture capital firm Haun Ventures had raised $1.5 billion for two venture capital funds focused on cryptocurrencies. $500 million for early-stage investments and $1 billion for an "accelerator" fund. Haun Ventures will invest directly in equity and tokens.