Tagged: andreessen horowitz

Andreessen Horowitz Raises $15 Billion to Invest in American Dynamism, More

Top venture capital firm Andreessen Horowitz has raised $15 billion to invest in a range of sectors including American Dynamism. As outlined in a blog post by Ben Horowitz, the VC will commit funds as follows: American Dynamism ($1.176B), Apps ($1.7B), Bio + Health ($700M),… Read More

US Startup Truemed Taps Venture Funding to Push Lifestyle Health Spending

Truemed, a US-based health payments startup that enables consumers to use tax-advantaged health accounts for preventive care, has raised $34 million in a Series A funding round led by venture capital firm Andreessen Horowitz, as investors bet on growing demand for alternatives to traditional, treatment-focused… Read More

Andreessen Horowitz, The Digital Chamber, Others Slam Citadel’s Claims on DeFi

Earlier this month, Citadel Securities issued a statement addressed to the Securities and Exchange Commission (SEC) stating that it should not grant exemptive relief regarding the definitions of an exchange or a broker-dealer for DeFi trading protocols. Citadel claimed that granting broad exemptive relief from… Read More

Fintech Lead Bank Reports $70M Round with Contributions from Andreessen Horowitz and Khosla Ventures

Lead Bank, a 97-year-old financial institution based in Missouri, has reportedly raised $70 million in a funding round, propelling its valuation to  $1.47 billion. This achievement, reported by Bloomberg, nearly doubles the bank’s valuation from the previous year, underscoring its role in serving fintech and… Read More

Andreessen Horowitz Wants a New Crowdfunding Regime to Fund NFTs

Andreessen Horowitz wants an updated version of Regulation Crowdfunding, or Reg CF, to be used to fund Non-Fungible Token (NFT) offerings. The venture group defines NFTs as “crypto assets whose value, utility, or significance is primarily derived from being a record of ownership or rights with respect to… Read More

Andreessen Horowitz Crypto (a16zcrypto) Exits UK Market to Focus on US, Wants Reg CF Updated to Support Crypto

Andreessen Horowitz’s crypto business, or a16zcrypto, is exiting the UK market. a16z opened its London office in 2023, intending to create a Crypto Startup School accelerator program. Via X, Anthony Albanese, head of crypto at a16z, said that while they are excited about crypto development in… Read More

Andreessen Horowitz Reportedly Raises $7.2B for Venture Strategies Including Consumer Apps And Fintech

Andreessen Horowitz has reportedly raised $7.2B for the following venture strategies: American Dynamism ($600M), Apps ($1B), Games ($600M), Infrastructure ($1.25B), and Growth ($3.75B). This marks an important milestone for the firm. When Marc and Ben Horowitz started the firm in 2009, the conventional wisdom in… Read More

Global Payments Orchestration Platform Yuno Reports $25 Million Funding Round

Yuno, a global payments orchestration platform, announces it has secured $25 million from a consortium of prominent investors, including DST Global Partners, Andreessen Horowitz, Tiger Global, Kaszek Ventures and Monashees. Founded by experienced tech entrepreneurs Juan Pablo Ortega and Julián Núñez, Yuno offers its clients… Read More

Crypto and Blockchain Insights: a16zcrypto Shares Developments They’re Looking Forward to Exploring in 2024

VC firm Andreessen Horowitz has shared a comprehensive crypto-assets and blockchain ecosystem update / recap as we all get ready to enter “a new era of decentralization.” According to a16z, we keep seeing over and over again that when control of a powerful system or… Read More

Jeeves, a Financial Operating System, to Support Prepaid Cards, Cross-Border Payments

Jeeves, a financial operating system built for global companies, backed by investors including Andreessen Horowitz (a16z), CRV, and Tencent, has expanded its product offering to include prepaid cards and cross-border payments. Jeeves launched publicly 22 months ago “with corporate credit cards as its initial product… Read More

Silo $132M push led by Koch Industries, Andreessen Horowitz

A Koch Industries subsidiary and Andreessen Horowitz are among the backers behind a $132 million infusion into Silo Technologies, a Fintech provider focused on the food supply chain. The funds consist of $100 million to introduce the funding program Cash Advance and a $32 million… Read More

Andreessen Horowitz (a16z) Announces Expansion to United Kingdom, Looks to Boost Blockchain Development

Andreessen Horowitz (a16z) announced that it will open its first international office in London and that it is planning the next Crypto Startup School accelerator program “to take place in the UK in Spring 2024.” a16z’s U.K. office will allow it “to work closely with… Read More

ModernFi Raises $4.5M as Banks Embrace Software to Source Deposits

ModernFi, which operates the first tech-enabled marketplace that allows banks to exchange deposits on demand, announced that it has “raised $4.5 million in seed funding.” The investment round was “led by Andreessen Horowitz with participation from industry leaders across tech, finance, and government.” ModernFi operates… Read More

Digital Assets: Andreessen Horowitz Launches Fourth Crypto Fund, Totaling $4.5B

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

Fintech Point Raises $115 Million Series C, Will Boost Home Equity Platform

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

The Definition of “Exchange” and Regulation ATS: Comments on the Proposed Rule Change by SEC and the Impact to Digital Asset Markets

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

Improbable Secures $150M to Launch M² (MSquared), a Metaverse Network, Ecosystem Supported by Its Morpheus Tech

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

Katie Haun’s Crypto VC Fund Secures $1.5B After She Left Andreessen Horowitz in December

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

Sardine Acquires $19.5M via Series A Round with Contributions from Andreessen Horowitz, Others

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

Web3 Fight: Jack Dorsey Blocked by Marc Andreessen on Twitter

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

Send this to a friend