Venturing out: Techstars’ Jenny Fielding strikes out on her own, and Foundry Group adds a rising star investor

• Insider rounds up the latest hiring and fundraising news in venture capital in a weekly column.
• Jenny Fielding is leaving Techstars to focus on the VC firm she helped start, The Fund.
• Andreessen Horowitz’s hiring spree continued with new additions Jane Lippencott and Brian Quintenz.
• See more stories on Insider’s business page.

Venturing out

• Jenny Fielding is leaving startup accelerator Techstars to make investing her full-time gig. Fielding will go heads down on The Fund, a venture firm she started that raises capital almost exclusively from founders and operators.
• Product wizard Bo Ren, who worked on mobile product management at Facebook, Instagram, and Tumblr, has joined Silicon Valley Bank as director of early stage startups. She’s focused on New York’s startup ecosystem.
• Hustle Fund has hired Haley Bryant as a venture partner focused on developing the firm’s Angel Squad program. Launched in May, Angel Squad offers training and deal opportunities to novice angel investors.
• Brad Feld’s firm Foundry Group has added a rising star to its investment team, Angeli Agrawal. She was previously helping university students create startups at Rough Draft Ventures, a spinoff of General Catalyst.
• Andreessen Horowitz’s hiring spree continued – and was the subject of many jokes. The growing firm hired Jane Lippencott from Distributed Global as a partner on the crypto investing team, as well as Brian Quintenz, a former top official at the US Commodity Futures Trading Commission, as an advisor on crypto policy issues.
• Lightspeed Venture Partners is eyeing big opportunities in Europe, and it’s just added Ross Mason, the founder of Mulesoft, and Paul Murphy of Northzone to lead the search party for deals on the continent.

New money

• Bain Capital Ventures, the venture arm of Bain Capital, has filed to create a new fund focused on crypto, The Block reported. The firm is already an investor in crypto darlings Digital Currency Group, Compound, and Lolli.
• There’s more green flowing into climate-tech funds. Earthshot Ventures launched with a debut fund at $60 million and notable backers including Microsoft, Kleiner Perkins chairman John Doerr, and billionaire presidential candidate Tom Steyer. Then Volkswagen unveiled plans to raise a fund, targeting $335 million, for startups reducing carbon dioxide.
• TrueBridge Capital Partners has closed its first ever “fund of funds” focused on investing in seed and micro-VC firms. The $170 million investment pool will support emerging fund managers raising funds of $200 million or less.