Axios has learned that Kinship Ventures is seeking $75 million for its first fund.
Actress Gwyneth Paltrow, who also created the lifestyle brand Goop, and Moj Mahdara, a longtime entrepreneur and investor in the beauty industry best known for creating the Beautycon event, are at the helm of Kinship.
-The Los Angeles-based company plans to invest in web3 startups and other early-stage producers of consumer goods and technologies.
- The average size of a check will be between $1 million and $3 million.
- It supported the online payment system MoonPay last year.