Fortune Magazine: Affected by the bear market, crypto venture capital firm Haun Ventures has only deployed 30% of its $1.5 billion fund after a year and a half since its establishment

ChainCatcher news, according to Fortune magazine, Haun Ventures, founded by former a16z partner Katie Haun, has only successfully deployed 30% of its $1.5 billion fund a year and a half after its establishment and fundraising. The original plan was to deploy all the funds within 2 years, but it was immediately met with a bear market, and its plan has now changed to deploy the funds over approximately three years.

As of mid-June, the company has deployed about 30% of its capital across more than 20 investments, including publicly traded tokens (such as BTC, ETH, etc.). Haun Ventures declined to disclose detailed holding data.

According to the crypto data platform RootData, Haun Ventures has invested in companies such as the NFT creation platform Zora and the Web3 infrastructure platform ThirdWeb, and provided $32 million in the Series B funding round for the privacy-focused blockchain network Aleo, as well as support for the crypto data analytics platform Artemis.