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Variant Fund
AI Data Collection Startup Sapien Raises $10.5M Seed Funding Led by Variant
The firm's founders, who have worked in the blockchain space for years, are using crypto to incentivize an army of people who can earn from labeling data for AI models.

Crypto Points Systems Are a 100x Opportunity, But Founders, Be Wary
Li Jin, cofounder of Variant Fund, says that while points systems have long been a staple in the Web2 domain, their integration into the crypto ecosystem could have pitfalls. She covers how these points are currently being leveraged within crypto applications in the hopes of driving user engagement and retention, why they’re taking off now, and why they’re off-chain.

Crypto Venture Funds Variant, 1kx Lead $6M Funding Round for ZK-Meets-AI Startup Modulus
The funding will be used for the company’s ambitions in zero-knowledge machine learning, combining aspects of zero-knowledge cryptography with artificial intelligence or AI.

The Barrier to Mainstream Crypto Adoption Isn’t UX — It’s Product-Market Fit
Variant co-founder Li Jin argues that Web3's problems do not end at onboarding.

Brevan Howard Joins $12M Round for Liquid Staking Protocol Alluvial
Ethereal Ventures and Variant co-led the round for Alluvial, creator of the enterprise and institution-focused Liquid Collective.

Crypto Wallet Tracker Context Raises $19.5M in Funding Round
The round was co-led by Variant Fund and OpenAI’s Sam Altman.

Aave Founder Joins Variant Fund as a Venture Partner
Stani Kulechov will remain at the helm of Aave while also helping Variant source deals and work with founders.

This a16z Alum Is Launching a VC Fund Focused on Platforms You Can 'Own'
An Andreessen Horowitz (a16z) alum is launching a new venture firm focused on building a crypto-powered "ownership economy."
