Tagged: andreessen horowitz

May 25, 2022 @ 9:28 am By Omar Faridi  |  

Since the advent of computing in the 1940s, there has been a “major computing cycle” every 10-15 years, including PCs in the ‘80s, the internet in the ‘90s, and mobile computing in the ‘00s. The team at Andreessen Horowitz believes that blockchains will “power the… Read More

May 3, 2022 @ 7:00 am By JD Alois  |  

Point has raised $115 million in Series C funding in a round led by WestCap. Existing investors also participated in the round including; Andreessen Horowitz, Ribbit Capital, Redwood Trust, Atalaya Capital Management, and DAG Ventures. New investors include Deer Park Road Management, The Palisades Group,… Read More

April 26, 2022 @ 8:08 pm By JD Alois  |  

As was noted last week, this past January the Securities and Exchange Commission (SEC) proposed amendments to the Exchange Act and the definition of an Exchange as well as Regulation ATS (Alternative Trading System). While described in relatively benign terms, the language of the proposed… Read More

April 12, 2022 @ 1:07 am By Omar Faridi  |  

Improbable, the UK-headquartered Metaverse tech firm, recently announced that it raised $150 million in capital “to establish and develop M² (MSquared), a network of interoperable Web3 metaverses powered by its Morpheus technology.” The global Metaverse revenue opportunity “is expected to be worth $800bn by 2024,… Read More

March 23, 2022 @ 8:03 am By Omar Faridi  |  

Katie Haun, a former federal prosecutor, is currently focused on cryptocurrency investing. Her VC company has acquired $1.5 billion in capital. Haun Ventures confirmed the launch of a $500 million early-stage fund and another $1 billion in funding for more established firms that are focused… Read More

February 12, 2022 @ 2:54 pm By Omar Faridi  |  

Sardine, the fraud and compliance platform for Fintech firms, completed a $19.5 million in Series A round from Andreessen Horowitz, NYCA, and Experian Ventures “to enable companies to protect customers from financial fraud.” As mentioned in the update, Andreessen Horowitz General Partner Angela Strange joins… Read More

December 23, 2021 @ 5:53 pm By JD Alois  |  

Talk to the hand. Marc Andreessen has blocked Jack Dorsey on Twitter, perhaps a first for Dorsey who shared the screenshot on the social network he founded.   I’m officially banned from web3 pic.twitter.com/RrEIAuqE6f — jack⚡️ (@jack) December 22, 2021 The virtual joust came about… Read More

December 16, 2021 @ 3:07 pm By Tony Zerucha  |  

Nansen, a blockchain data analytics platform, has raised a $75 million Series B round led by Accel. GIC, Andreessen Horowitz (a16z), Tiger Global, and SCB 10X are among the VCs and angel investors who also participated in the round. This funding will be used to… Read More

November 16, 2021 @ 3:43 pm By Tony Zerucha  |  

Paradigm, a firm investing in cryptocurrency-based startups, said this week it has raised $2.5 billion from investors to create the largest-ever cryptocurrency investment fund. If true, it would kick Andreessen Horowitz out of the top spot. The sum also surpasses the initial $1.5 billion target…. Read More

November 8, 2021 @ 7:45 am By JD Alois  |  

Matter Labs, a company looking to provide an Ethereum Layer 2 scaling protocol, has raised $50 million in new funding. The investment was led by Andreessen Horowitz (a16z). Additional investors included Placeholder, Dragonfly and 1kx. Matter Labs said that a second financing was closed with… Read More

October 18, 2021 @ 9:01 am By JD Alois  |  

Deel has just raised $425 million at a valuation of $5.5 billion, according to a note from the company. Deel claims the title as the “highest valued company in the global hiring, payments, and compliance space.” The Series D funding round was led by Coatue,… Read More

September 10, 2021 @ 7:50 am By Tony Zerucha  |  

Addi, a fintech and digital commerce startup based in Bogota and Sao Paulo, this week announced new equity funding for $75 million, led by Greycroft with participation from new investors GGV Capital, Citius Capital, and Intersection Growth Partners, as well as existing investors Andreessen Horowitz,… Read More

August 19, 2021 @ 10:14 am By JD Alois  |  

Yield Guild Games (YGG) has raised $4.6 million in a funding round led by Andreessen Horowitz (a16z). The funding was said to have been finalised prior to the YGG token sale on July 27 and was joined by Kingsway Capital, Infinity Ventures Crypto, Atelier Ventures,… Read More

August 5, 2021 @ 11:55 am By Tony Zerucha  |  

TrustToken, creators of TUSD, has raised a $12.5 million round of funding to scale TrueFi, its DeFi protocol for collateral-free loans which is powered by on-chain credit scores. The strategic funding round is led by Blocktower with participation from Andreessen Horowitz (a16z) and Alameda Research through the purchase of TRU, TrueFi’s native… Read More

July 20, 2021 @ 6:58 pm By Priyanka Pani  |  

NFT auction marketplace OpenSea is now a Unicorn. The platform that witnessed massive traction earlier this year raised $100 million in a Series B round led by Andreessen Horowitz at $1.5 billion, as per a TechCrunch report. The startup, which raised $23 million in Series… Read More

July 14, 2021 @ 6:54 pm By Priyanka Pani  |  

Phantom, a multi-chain crypto wallet, has raised $9 million in Series A funding led by Andreessen Horowitz  (A16z).  Variant Fund, Jump Capital, DeFi Alliance, and Solana Foundation also participated in the round along with Garry Tan, an early Coinbase investor and other angel investors from Compound, dYdX, Audius, Lolli, and Ethereum Foundation. Phantom plans to use… Read More

June 26, 2021 @ 2:44 pm By JD Alois  |  

Former Bond Street CEO and founder David Haber has joined Andreessen Horowitz (a16z) as a General Partner – becoming the first full-time GP based in Manhattan. Bond Street, once an independent online lender for SMEs, the Fintech was acquired by Goldman Sachs in 2017 with… Read More

June 24, 2021 @ 8:15 am By JD Alois  |  

Andreessen Horowitz (a16z), one of the world’s leading VCs, has revealed a $2.2 billion crypto fund – the largest of its kind ever. The VC said they believe the next wave of computational innovation will be driven by crypto and they are “radically optimistic about… Read More

June 21, 2021 @ 10:58 am By JD Alois  |  

Late last month, the House Committee on Financial Services held a hearing addressing the topic of capital formation and the state of the US initial public offering market. While several witnesses focused on the rapid rise of SPACs, one witness pointed to the precipitous decline… Read More

May 29, 2021 @ 3:08 pm By Omar Faridi  |  

The Internet Computer’s source code is now available publicly. As noted in an update from its developers, the code “details the technical designs, novel protocol math, and cryptography behind the decentralized computing network.” Back in 2016, the DFINITY Foundation had started on its mission to… Read More