Former a16z partner to raise $100m as debut fund for new venture firm

Bryan Kim filed formation documents for his new venture Mido last month, according to a regulatory filing.

First reported by the WSJ, former partner at Andreessen Horowitz (a16z), Bryan Kim, has announced plans to raise roughly $100m for the debut fund of his new venture, Mido Capital.

Kim reportedly filed documentation for Mido in Delaware, during July and the first fund intends to invest in early-stage consumer AI and other companies, according to individuals familiar with the details.

In a post on LinkedIn, three months ago, Kim announced that after five years he would be leaving a16z to start his own fund and that it was the toughest career-based decision he has made to date.

He said, “I learned from the best partners and was privileged to work with incredible founders. So why leave? It is simply time to build. More to come on this. We are still so early in the AI revolution.