Ex-Bain investor launches $30M web3 consumer VC fund as solo female founder

Magdalena “Mags” Kala, a self-described “lifetime degen,” is no stranger to beating the odds. Before she became an investor, she co-founded an all-female blackjack team that sought to exploit gender bias to make a profit through gaming, she told TechCrunch in an interview.
It’s fitting, then, that Kala was able to raise her first fund as a solo GP focused on early-stage consumer startups in the web3 space in just four months despite a broader downturn in the crypto market.
Her Miami, FL-based firm, Double Down, blew past its initial fundraising target of $20 milli

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