SECURITY Signal 410
Sources: David Sacks' Craft Ventures is targeting around $1B for a new fund, its first since Sacks stepped down as the White House AI and crypto czar (The Information)
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Craft Ventures, the venture firm led by David Sacks, is seeking to raise approximately $1B for a new fund, its first since Sacks departed his position as White House AI and crypto czar.
A fresh $1B pool from a firm with direct ties to recent federal AI policy means more capital flowing into early-stage AI and crypto startups. For engineers building in those sectors, this translates to another well-connected investor actively deploying checks.
Written by elseif from the cluster below · every claim links back to a sourceThe three things worth knowing
Craft Ventures is targeting around $1B for a new fund.
This is the firm's first fund raise since David Sacks stepped down from his White House AI and crypto czar role.
Only one feed carried this story, so corroboration is limited.
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