New crypto investments for Tim Draper

Tim Draper has added Goren Holm Ventures to his investments. Goren Holm Ventures is a blockchain accelerator and incubator in Los Angeles, known for organising the Crypto Invest Summit.

Tim Draper announced that he had invested an unspecified amount in the company and then renamed it Draper Goren Holm. 

Goren Holm Ventures was founded in 2018 by Alon Goren and Josef Holm, and in addition to the Crypto Invest Summit it also organised the Security Token Summit. (CIS). His portfolio includes companies such as Totle, Ownera, Innovesta, LunarCrush, Giftz, Vertalo, Coinsquad, CasperLabs, Element Zero and Blockchain Credit Partners. 

At the beginning of the year the company was accepted into the Draper Venture Network (DVN), however, since then, the relationship between Goren, Holm and Draper has evolved, to the extent that Draper himself has become a member of the board of directors. 

The founder of the Draper Venture Network has already welcomed many dozens of projects and companies, ever since he created this organisation back in 1990. 

DVN is an autonomous organisation of independent venture capital funds that cooperate on investment due diligence, marketing, business relationships and investments. 

In addition, it is now very active particularly in the crypto sector, as demonstrated for example by the addition of Blockchain Valley Ventures in September. 

Tim Draper commented on his latest investment as follows: 

“I am excited about doubling-down on Los Angeles and blockchain with the premiere blockchain conference and accelerator team in LA. Josef and Alon are ingrained in the LA community and have created a funnel of some of the top talent and entrepreneurs in the world. And we welcome the rebranded ‘Draper Goren Holm’ to the Draper Venture Network”.

Founding partner Alon Goren, said: 

  “We’ve built a platform that enables us to find, identify and support the most amazing entrepreneurs in the blockchain space, at the earliest stage. Having Tim Draper, one of the most successful and legendary early-stage investors on our team, further amplifies our efforts and growth”.

The other co-founder, Josef Holm, added: 

“Tim is one of the most respected voices in not only cryptocurrency but throughout the investment world. We’re honored that he decided to join our firm and bring the world-class knowledge he has to offer”.