a16z
a16Z to Establish Crypto Research Lab
Wallet Street Venture Capital firm, Andreessen Horowitz (a16Z) established its own crypto research lab to conduct blockchain-related academic research.
a16z Continues to Deposit Maker (MKR) to Coinbase
a16z deposits more MKR to Coinbase, now holding $6M in MKR. An unidentified whale also moved $4.85M MKR to Binance.
a16z Floats $600m Gaming Fund
After more than a decade of actively investing in the gaming industry, investment giant, Andreessen Horowitz (a16z) wants to further exert its influence in the space
A16z Crypto Introduces Jolt zkVM for Blockchain Scaling
Andreessen Horowitz (A16z) Crypto has introduced Jolt, a zero-knowledge solution that integrates SNARKs, enabling faster SNARK-based Layer 2 solutions and enhanced security for developers.
Meta Alumni Owned Layer-1 Protocol Aptos Raises $200m from a16z
Former Meta Platforms Inc staff, led by Mo Shaikh, have raised $200 million in a strategic funding round for its new startup Aptos.
Andreessen Horowitz Hires Former CFTC Commissioner Brian Quintenz To Bolster Regulatory Expansion
The appointment of Brian Quintenz shows a sign of growing importance of compliance and regulation at Andreessen Horowitz.
Entropy Closes $25M Seed Round for Building Decentralized Custody Platform
Entropy announced that the crypto asset firm has closed a $25 million seed round, The Block reported.
Breaking: Coinbase, a16z, and Ledger Back New Texas Alliance Advocating for Clear Digital Asset Regulations
The Crypto Freedom Alliance of Texas, backed by industry leaders like a16z crypto, Bain Capital Crypto, Blockchain Capital, Coinbase, Ledger, and Paradigm, is launching a campaign to establish transparent and consistent digital asset regulations in Texas. The alliance aims to provide insights and guidance to regulators and industry stakeholders, fostering innovation and protecting consumers. The alliance is expected to grow and play a more influential role in the Texas legislative process.
a16z Announces $4.5bn Fund for Crypto and Web3.0 Startups
California-based venture capital firm Andreessen Horowitz (a16z) has launched its fourth crypto fund, the Crypto Fund IV, as it prepares to invest fully into blockchain and Web3.0 startups.
Yuga Labs Raises $450m to Build Media Empire Around NFTs: Report
Yuga Labs, the blockchain startup behind the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) project has raised the sum of $450 million in funding from investors led by Andreessen Horowitz (a16z).
Former a16z Partner Katie Haun's Crypto VC Fund Raises $1.5 Billion
Former federal prosecutor Katie Haun’s crypto venture capital fund has raised $1.5 billion to invest in crypto-related startups.
Andreessen Horowitz to Raise $4.5B for Two New Crypto Funds
Wallet Street Venture Capital firm Andreessen Horowitz is rallying investors for a $4.5 billion dual fund targeted at making strategic investments in the cryptocurrency ecosystem.
Ideogram AI Secures $16.5 Million in Seed Financing Led by a16z and Index Ventures
Ideogram AI, an AI company, aims to use generative AI to enhance human creativity. The company has raised $16.5 million in seed financing, with participation from venture capital firms and industry experts. Ideogram AI is seeking talent in engineering, research, design, and operation, based in Toronto.
Pahdo Labs Secures $15M Series A Funding led by a16z
New York-based game development studio Pahdo Labs has raised $15M in a Series A financing round, with participation from Pear VC, BoxGroup, Long Journey Ventures, Neo, and Global Founders Capital. The company, founded in 2021, focuses on creating multiplayer video games and is launching its upcoming project, "Halcyon Zero," in September. The game, built on the Godot Engine, combines anime aesthetics and action role-playing, allowing players to craft their own worlds.
Binance Now Ranked as the Second Largest Voting Power in Uniswap DAO
Binance is now ranked as the second-largest voter in the Uniswap DAO after a16z
Irreverent Labs Raises $40m in Funding, Led by a16z
Seattle startup Irreverent Labs has once again raised $40 million in funding led by Silicon Valley heavyweight investment firm a16z.
a16z Leads Blackbird's $24M Series A Funding to Elevate Dining Experiences Through Web3
a16z leads Blackbird’s $24M Series A funding round to foster a web3-enabled platform aimed at revolutionizing dining experiences and financial prospects for restaurants. Announced on October 4, 2023, this investment marks a significant stride towards intertwining blockchain technology with the gastronomic sector, heralding an enriched era of dining engagements.
Andreessen Horowitz Backed Story Protocol Secures $54M in Funding
Story Protocol, a San Francisco-based startup, raised $54 million in a funding round led by Andreessen Horowitz's a16z crypto. The company aims to redefine the IP landscape with an open infrastructure layer optimized for the internet era.
Quora's Poe Secures $75M for AI Chatbot Expansion
Quora has secured $75 million from Andreessen Horowitz to expand Poe, its AI chat platform, focusing on creator monetization and integrating leading AI models like ChatGPT and DALL-E 3.
CreatorDAO Community Raises $20M in Seed Fund
CreatorDAO, a decentralized autonomous organization, announced that it raised $20 million in a seed round led by Andreessen Horowitz and Initialized Capital.
a16z: Top 50 Generative AI Revealed; ChatGPT, CharacterAI, Bard, Poe, QuillBot Rank Top 5
ChatGPT, the fastest consumer application to achieve 100 million active users, is dominating the GenAI space. 80% of the top 50 GenAI web products didn't exist a year ago, with ChatGPT accounting for 60% of monthly traffic. General LLM chatbots dominate, but AI companions like CharacterAI and content generation tools are gaining traction. The GenAI space is rapidly evolving, with ChatGPT leading the charge.
Lightspeed Venture Partners Secures $7.1B to Launch 4 New Crypto Funds
Venture capital firm Lightspeed Ventures has announced it has secured the cumulative sum of $7.1 billion to bankroll 4 new crypto funds.
FTX Ventures Leads $300m Series B Funding for Mysten Labs
Mysten Labs, the startup behind the highly hyped Sui blockchain protocol, has raised $300 million from top investors in the Web3.0 ecosystem.
Drosey's Web5 to Merge Web3 and Web 2.0, Built on Bitcoin Blockchain
Web5 is a combination of Web3 and Web 2.0 built on the Bitcoin blockchain, former Twitter CEO Jack Dorsey announced through Twitter.
Konvoy Ventures Launches $150M Gaming Fund
Konvoy Ventures, a venture capital startup, has announced the launch of its Konvoy Ventures Fund III as it looks to deepen its feet in the Web3.0 gaming ecosystem.
Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform
Decentralized applications startup Near Inc announced $21.6 million tokens raised led by venture capital firm Andreessen Horowitz (a16z). Joined by other investment firms, including Libertus, Animal Ventures, Notation Capital, Blockchange, Pantera Capital, and Distribution Global, the token sale is the network’s second funding, following a $12.1 million round last July.
June 1: Sell in May Postponed to Sell in June?
For the past few weeks, there have been quite a bit of talk/shill/promoting of ETH and I think largely driven by a combination of factors that I've described earlier (i.e. growing daily active addresses, more than 60 bil gas being used, $7bn in stablecoins and Greyscale's ETH demand). Other protocol tokens such as Cardano, Zilliqa and NEO also followed the ETH move, albeit less exaggerated.