Former Andreessen Horowitz, or a16z, partner Michele Griffin has joined Lightning Capital.

She will spearhead a new $100 million ‘AI ripple effects’ fund, which the firm has just launched.

Lightning has a multi-fund structure to offer short- to long-term liquidity to limited partners, or LPs, and a hands-on approach to managing its portfolio.

Lightning Capital has launched a new $100 million early-stage fund and brought in former Andreessen Horowitz partner Michele Griffin to lead it.

As general partner and COO, Griffin will help to blend a mega-fund mentality she learned on the East Coast with the agility of an emerging manager.