- LA-based blockchain accelerator and incubator Goren Holm Ventures announced that it has received an investment from new board member Tim Draper and rebranded to Draper Goren Holm
Today Goren Holm Ventures, an LA-based blockchain accelerator and incubator that is known for producing one of the leading blockchain investment conferences called Crypto Invest Summit, announced that renowned venture capitalist Tim Draper has invested in the company. And now it has been rebranded to Draper Goren Holm.
“I am excited about doubling-down on Los Angeles and blockchain with the premiere blockchain conference and accelerator team in LA,” said Draper. “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.”
Draper is known for making early investments in companies like Tesla, Hotmail, Skype, and Coinbase. And he was also an early supporter of Bitcoin.
“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,” added Goren Holm Ventures founding partner Alon Goren. “Having Tim Draper, one of the most successful and legendary early-stage investors on our team, further amplifies our efforts and growth.”
This announcement comes on the heels of Goren Holm’s acceptance into the Draper Venture Network (DVN) earlier this year. DVN is known for being a one-of-kind alliance of self-governed and independent venture funds that cooperate on investor diligence, market intelligence, corporate relationships, and co-investments.
But the relationship between Goren, Holm, and Draper has evolved since then as Draper invested in and became a board member of the firm.
“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,” explained Draper Goren Holm co-founder Josef Holm.
