Khosla Partner Choi, Growth Strategy Leader, Raising $500 Million Fund

Khosla Ventures partner Ethan Choi, a leader of the early-stage firm’s investments in mature startups like cloud provider Vercel, is leaving to launch a new venture firm.

The new firm, called Atomus, is in the process of raising a new venture fund of at least $500 million, according to a person familiar with Choi’s plans. About half of the fund has already been raised, the person added.