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"Giving people the tools to design their own metaverses at the scale that Improbable enables, with Web 3 interoperability and composability to expand on each other’s creations, will result in some truly groundbreaking virtual experiences,” said Chris Dixon, general partner at Andreessen Horowitz, in the press release. Source
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Ethereum staking solution Lido Finance has raised $70 million from venture capital giant Andreessen Horowitz, marking the protocol’s first funding round since May 2021. Andreessen Horowitz’s investment in Lido is intended to further support the adoption of decentralized staking solutions for Ethereum 2.0, a spokesperson for the venture capital firm said.
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Two reports claim that the creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC) are in talks of raising funds from investors such as the venture capital firm Andreessen Horowitz. The alleged funding round is expected to be around $200 million, but sources further say “the
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Yuga Labs, the startup behind Bored Ape Yacht Club, is in talks with crypto venture capital heavyweight Andreessen Horowitz over a funding round that would value it at as much as $5 billion. Original Source
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Andreessen Horowitz (a16z), a venture capital firm that has invested extensively in the crypto industry, is looking to raise $4.5 billion for new funds, the Financial Times reported.The firm told investors it is looking for $3.5 billion for a crypto venture fund, the FT said, citing people briefed on the
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Blockchain-powered privacy web startup Nym Technology has raised $13 million in a funding round that puts its valuation at about $270 million. The round was led by venture capitalist Andreessen Horowitz (a16z Crypto) with Grayscale’s parent company Digital Currency Group, Huobi Ventures, Fenbushi Capital, HashKey, Tayssir Capital, and over two dozen
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Matter Labs, the firm behind Ethereum Layer 2 scaling protocol zkSync has raised $50 million in a Series B funding round led by Andreessen Horowitz (a16z), the company said Monday.The funding will be used to finance Matter Labs’ business growth, including expanding scientific and engineering teams.Other investors in the round
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San Francisco-based blockchain web services company Alchemy announced a $250 million Series C fundraising round led by Andreessen Horowitz on Thursday, bringing its current valuation to $3.5 billion.This announcement comes hot on the heels of a late April $80 million Series B, which previously valued the startup at $505 million.
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“NFTs are the driving force behind a new generation of internet products and services that are sharing value directly between the millions of developers, artists, collectors, and even gamers that participate – rather than platforms that simply act as a middleman,” said Arianna Simpson, general partner, A16z Crypto, in a
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Andreessen Horowitz’s (a16z) second crypto fund shows the venture capital firm is targeting specific areas to invest in the cryptocurrency space.The company said Thursday it had raised a total of $515 million – more than the original $450 million target – for a second fund called "Crypto Fund II," dedicated
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