Variant Fund

Basics

• From Spencer Noon (18-12-2020):

"Founded by Jesse Walden, formerly of a16z Crypto, Variant is a new early-stage venture firm that invests in crypto networks and platforms building The Ownership Economy. In a short matter of time, Variant has already emerged as one of the leading early-stage crypto funds too, backing top projects like Uniswap, Cozy Finance, and Reflexer Labs."

• From CoinDesk (5-3-2021):

"Variant Fund formed in July, at the height of 2020’s “DeFi summer,” animated by the thesis that people who make platforms and products stronger can and should share in their growth."

Investments

• Bitclout; it's founder has mentioned this fund as an investor (23-3-2021).
• BoardRoom. Participated in a $2.2M raise for BoardRoom (13-10-2020).
• Cozy Finance. Part of a $2M raise for Cozy Finance (3-9-2020).
• Fei Protocol; part of a $19M raise (9-3-2021).
• Goldfinch Protocol. Participated in a $1M funding round among a list of other funds (3-2-2021).
• Reflexer; investor. Participated in a $1.68 million seed round (5-8-2020).
• Uniswap (18-12-2020)

Team

• Jesse Walden
• Spencer Noon; general partner (18-12-2020).
• Stani Kulechov; venture partner (5-3-2021)
• Cooper Turley; advisor (5-3-2021), Venture Partner (27-10-2021).
• Jake Chervinsky; strategic advisor (29-5-2021)