American sport star runs her own VC fund investing in Coinbase

The portfolio includes investments across an array of industries

American sport star runs her own VC fund investing in Coinbase. Source:

American professional tennis player Serena Williams used her Instagram page to unveil that she has been running Serena Ventures fund since 2014. According to the post, Serena Ventures invests in companies that embrace diverse leadership, individual empowerment, creativity and opportunity.

Serena Ventures focuses on early stage companies, and giving them the opportunity to be heard. As we grow, we hope to mentor young founders and take burgeoning entrepreneurs to the next level. Serena Ventures extends relationships, encourages collaboration among portfolio companies, and expands partnership opportunities across my vast network. Similar to many of the companies we have invested in, we are just getting started and are hoping to make a difference
Serena Williams, professional tennis player

Moreover, the fund already has a diverse investment portfolio, which includes over 30 firms with a total market capitalization of $12 billion, featuring investment in Coinbase. The amount invested in Coinbase by Serena Ventures is not disclosed.

According to Crunchbase, Coinbase has seen $546.6 million investments since its seed round in 2012. Notably, it raised $300 million in a Series E round in October 2018, valuing the firm at $8 billion.

SEE ALSO: How to keep your crypto safe

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