Crypto investor Katie Haun raises $1.5 billion for Web3 venture fund

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Crypto investor Katie Haun raises $1.5 billion for Web3 venture fund
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Federal prosecutor turned crypto investment expert, Katie Haun, has announced Haun Ventures — her new $1.5 billion fund to invest in Web3 projects.

Haun stated that the firm will invest in “every layer of the web3 tech stack”, and seeks to back projects in both their early and growth stages, adding that the firm aims to have the projects it supports reach over 1 billion people.regarding web3 projects and crypto.

“We will partner with our portfolio to lead a global campaign for web3 that combats misperceptions, engages policymakers, highlights positive use cases, and wins the hearts and minds of leaders across all sectors.” The Haun Ventures team consists of Chris Lehane, former Communications VP at Airbnb and Press Secretary for Vice President Al Gore, Sam Rosenblum, Former Director of Business Development at Coinbase, and Jared Cohen, Founder of Jigsaw, Google’s tech incubation company,Haun has also brought talent with her from Andreessen Horowitz, with Tomicah Tillemann and Rachael Horwitz, both former partners, and Nick Pacilio, its former Head of Media Relations for crypto also joining her team.

“In the course of that work, the vast potential of these technologies quickly became clear. Like any tool, they could be used for good or for bad, but we had just started to scratch the surface of the good.” Haun left her role at the DOJ and pursued a career in crypto, joining the board of directors for Coinbase in 2017, and in June 2021 co-led with Andreessen Horowitz aher departure from Andreessen Horowitz to focus on her own crypto and Web3 focused fund.

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