TechFlow reported on September 5, according to Bloomberg, that Daniel Howard, son of British hedge fund billionaire Alan Howard, together with his partner Bhavin Vaid, has announced the launch of a cryptocurrency venture capital fund named Halo Capital. The fund has raised $25 million, aiming to bring growth-stage investor thinking to early-stage crypto projects.
Headquartered in New York, Halo Capital has a broad investment scope covering areas from Bitcoin to decentralized artificial intelligence. The fund has already invested in projects such as Bima Labs and Andrena, and brought in around 20 partners to provide expert advice. Both founders possess extensive experience in crypto investments, having previously worked at 10T Holdings, a private equity firm focused on cryptocurrencies. They began fundraising in March 2024 and officially launched the fund's operations in June. So far, Halo Capital has made investments in several projects including Bima Labs and Andrena, though specific investment amounts have not been disclosed.
