Remembering the Failed Crypto Projects a16z Backed
Even Silicon Valley giants like Andreessen Horowitz make investment blunders from time to time. Here are some of the top crypto projects the firm made bad bets on. OpenBazaar OpenBazaar...
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Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys
Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company, which seeks to mix NFTs with the world of…
A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities
A16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the development of Web3 startups. This…
a16z Finalizes Record-Breaking $4.5B Crypto Fund
Andreessen Horowitz has confirmed it will go ahead with a new $4.5 billion crypto investment fund after rumors the firm was planning a record-breaking raise spread earlier this year. a16z...
WeWork founder reinvents himself with $70M crypto carbon credit platform
Coworking space founder and billionaire Adam Neumann is trying his hand in the crypto space, raising $70 million for his blockchain-powered climate tech platform Flowcarbon.
A16z Launches $600 Million Web3 Gaming Focused Fund
A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming…
$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M
“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a Metaverse.
a16z Invests $600M in Metaverse Gaming Fund
Andreessen Horowitz has announced $600 million in funding for its new Games Fund One, an inaugural fund dedicated to building the future of the games industry. a16z Looks to the...
Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX
Metatheory, a Web3 gaming company founded in 2021, has announced it has raised $24 million in a Series A funding round. The investment round, which was led by big VC…
Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto Report
“Ethereum’s overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated.