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Fortune
Fortune
Ben Weiss

UNCOVERED: Sovereign labs gets 7 4m in round led by haun ventures - The Untold Story

(Credit: David Paul Morris—Bloomberg/Getty Images)

Katie Haun, a former federal prosecutor and member of the venture capital firm of Andreessen Horowitz, unveiled her crypto-focused fund to much acclaim in 2022. Now, her $1.5 billion outfit has announced its newest investment.

On Monday, it announced an initial $7.4 million funding round for Sovereign Labs, a startup that hopes to make blockchain applications run faster and more efficiently.

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