Startup community Launch House launched its first fund, House Capital, on Tuesday, with a $10 million commitment to invest in early-stage companies within the community and high-growth startups outside the community, across a broad range of tech themes, including Web3 innovation. The fund has invested in 17 startups, including crypto accounting software Coinbooks.
According to previous news in February, Launch House completed a $12 million Series A financing led by a16z. In addition, House Capital is partly funded by a16z's Andrew Chen and Sriram Krishnan.
