Andreessen Horowitz, to date, is arguably one of the most prolific investors in the blockchain space. Andreessen Horowitz (a16z) is reportedly planning to raise a $3.4 billion fund that will be designated for early-stage and seed-stage crypto businesses. The development was shared by Axios, which also cited other sources. According to Axios, a16z, the Silicon Valley venture capital firm “plans to raise new growth, crypto and bio vehicles in 2025.” And, for what it’s worth, the intended...
Read More »Web3 Startup IYK Raised $16.8M in Recent Funding Round Led by A16z
The core concept of IYK revolves around the integration of NFC (near-field communication) chips into merchandise and apparel. Besides, the platform is also popular among musicians and artists. IYK, a Web3 startup whose clientele includes Adidas, Billionaire Boys Club, and Atlantic Records, has successfully raised over $16.8 million in a seed round. Founder Ryan Ouyang announced this milestone on his official X (formerly Twitter) account, emphasizing that a16z Crypto, also known as...
Read More »Former Andreessen Horowitz Executives Raise $25M for New Web3 Startup
Bastion plans to use the funds to scale its operations, attract top engineering talent, and secure additional licensing to diversify its product offerings. Bastion, a newly launched Web3 startup co-founded by two former executives from Andreessen Horowitz‘s digital assets venture division a16z Crypto, has secured $25 million in a seed funding round despite recent challenges in the venture capital landscape. In an official press release on September 18, the company announced that its former...
Read More »Coinbase’s Crypto Futures Approval Seen as a Big Deal
CoinspeakerCoinbase’s Crypto Futures Approval Seen as a Big Deal For many in the crypto industry, this approval signifies a notable regulatory achievement for both the company and the broader crypto landscape due to the ongoing legal battle between the exchange and the US SEC. Coinbase’s Crypto Futures Approval Seen as a Big Deal
Read More »Eco Launches Cash-Like Crypto Wallet Beam Backed by a16z and Coinbase
CoinspeakerEco Launches Cash-Like Crypto Wallet Beam Backed by a16z and Coinbase The Beam wallet has been designed atop Ethereum Layer-2 blockchains such as Coinbase's Base and Optimism for facilitating faster crypto transactions at low cost. Eco Launches Cash-Like Crypto Wallet Beam Backed by a16z and Coinbase
Read More »a16z Lands $43 Million for New Blockchain Firm Gensyn
Earlier today, we put out a news story talking about a16z. The venture capital firm has lots of big blockchain-related plans including opening a new crypto school aimed at garnering funds for blockchain startups, setting up a new office in London, and continuing its funding of blockchain businesses. a16z Helps Gensyn Move Forward This new article has to do with the latter, as recently, a $43 million funding round was secured by a16z for a new blockchain company...
Read More »a16z Releases Plans for New Blockchain Startups and Divisions
Venture capital firm Andreessen Horowitz (a16z) said it’s opening its first international space in London and it’s also starting what it’s calling the Crypto Startup School, an accelerator program designed to help digital currency startups garner the funds and resources they need to stay afloat. The company also said it wants to expand its present blockchain program. a16z to Open New London Office a16z is closely working with universities throughout the London...
Read More »Vitalik Buterin Shares Opinion on Newly Launched Worldcoin Protocol
CoinspeakerVitalik Buterin Shares Opinion on Newly Launched Worldcoin Protocol Despite his cautious stance, Vitalik Buterin envisions a future where decentralized identity verification can empower individuals, improve access to services, and foster a more inclusive global society. Vitalik Buterin Shares Opinion on Newly Launched Worldcoin Protocol
Read More »From Silicon Valley to United Kingdom: a16z to Open London Crypto Office
As one of America’s leading venture capital firms, a16z has invested in many fintech projects both within and outside the region. Andreessen Horowitz (a16z), a leading venture capital firm, has joined a wave of US-based companies seeking new opportunities outside the shores of the country following the recent crackdown on crypto in the region. In an official press release on June 11, the California-based enterprise said its digital asset investment arm, a16z crypto, will open an...
Read More »a16z and Others Invest $100M in AI Startup Pinecone in Series B Funding
The investment from a16z is a strong vote of confidence in Pinecone’s technology. California-based AI startup, Pinecone has received a $100 million investment from venture capital firm Andreessen Horowitz (a16z) in its series B funding. The round also featured ICONIQ Growth, Menlo Ventures, and Wing Venture Capital. Following the investment, the company now has a market valuation of $750 million. With the investment, the vector database company will expand its team and improve its database...
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