a16z Crypto Turns to Web’s Old Guard With Appointment of Jason Rosenthal As Operating Partner
Venture investor firm a16z crypto is calling in the grownups.
a16z Leads $150 Million Series A Funding for Chatbot Startup Character AI
Other investors who participated in this funding round include Nat Friedman, Elad Gil, SV Angel, and A Capital.
Character AI Receives $150M Funding in Chatbot Development from a16z and Others
Andreessen Horowitz(a16z) has invested $150m in software development firm Character AI, the developer of a chatbot bearing the same name. The series A funding round also included money from Nat Friedman, A Capital, SV Angel and Elad Gil. The funding will enable the company to grow during its “hypergrowth phase", according to a blog post by the firm.
EVE Online Studio CCP Has Secured $40 Million Funding Led by a16z
The funds will be used to create a new AAA game within the EVE Universe that will utilize blockchain technology.
a16z Says It’s Sticking With SVB for Now — But Is Setting Up Accounts at Another Bank Too
Andreessen Horowitz, one of Silicon Valley's largest and most prestigious venture capital firms, told its investors today that it will continue banking with Silicon Valley Bank "for the foreseeable future" but is crafting a longer-term plan to diversify. The note was sent today and viewed by Insider.
SEC Is ‘Completely Out of Control,’ Says a16z Crypto’s Head of Policy
Over the past several weeks, regulators such as the Securities and Exchange Commission (SEC) unveiled a slew of enforcement actions against crypto companies in what many industry players view as an hostile attack on crypto— and US innovation, argued Brian Quintenz, a former Commodities Futures Trading Commission (CFTC) commissioner and current Head of Policy at Andreessen Horowitz (a16z).
A16z Invests in Crypto Wallet Infrastructure Startup Capsule
Capsule, a crypto wallet infrastructure startup, emerged from stealth with funding.
Former Riot Games Leads Launch the Believer Company Studio With $55 Million in Funding
A couple of former major players at Riot Games that left the League of Legends developer have gone on to launch their own new studio in The Believer Company today. The studio launched with a secured $55 million USD in funding and is said to be putting that funding to work on an open-world multiplayer project set in a new IP. The new studio is also hiring to pursue its vision.
Fintech Dominated Sequoia and a16z Investments in 2022
Major venture capital firms are doubling down on fintech, with the industry dominating the portfolios of firms like Sequoia Capital and a16z. Both firms invested significant amounts into the space in 2022.
A16z Backed Bitski Launches Digital Currency Wallet
Bitski today rolls out a new wallet targeting crypto natives and newcomers alike.
