All articles tagged with #andreessen horowitz
Originally Published 4 days ago — by Axios
Andreessen Horowitz raised over $15 billion for new funds, marking a significant boost in U.S. venture capital amid a recent slowdown in fundraising, with the firm emphasizing the importance of pro-tech policies for America's global leadership.
Originally Published 6 months ago — by The New York Times
Andreessen Horowitz plans to move its corporate registration from Delaware to Nevada, following similar moves by major companies like Tesla and Dropbox, signaling a potential shift away from Delaware as the preferred state for corporate incorporation in the tech industry.
Originally Published 1 year ago — by The New York Times
The article discusses how venture capital firms like Andreessen Horowitz and Benchmark are transforming the industry by adapting to new market dynamics and technological advancements. These firms are reshaping investment strategies to better support startups in a rapidly evolving tech landscape.
Originally Published 1 year ago — by TechCrunch
Marc Andreessen and Ben Horowitz, co-founders of venture capital firm Andreessen Horowitz, are supporting Donald Trump in the 2024 presidential race, citing his favorable policies for the tech and startup ecosystem. They argue that Trump's stance on tech regulation, AI, and crypto is more beneficial compared to Joe Biden's administration, which they believe stifles innovation through overregulation and taxation, particularly the proposed tax on unrealized capital gains.
Originally Published 1 year ago — by CNBC
Founders of venture firm Andreessen Horowitz, Marc Andreessen and Ben Horowitz, plan to make significant donations to pro-Trump super PACs, joining other tech figures like Joe Lonsdale and the Winklevoss twins in supporting Trump's campaign.
Originally Published 1 year ago — by Financial Times
Elon Musk's artificial intelligence company, xAI, has secured new funding from prominent venture capital firms including Andreessen Horowitz, Lightspeed, Sequoia, and Tribe.
Originally Published 1 year ago — by CNBC
Venture capital firm Andreessen Horowitz has raised $7.2 billion across five different funds, signaling optimism in the tech startup world despite a recent dearth of significant exits. The largest chunk of the new funding, $3.75 billion, is allocated to the growth fund for later-stage companies, with additional investments earmarked for infrastructure, AI, apps, games, and sectors supporting the national interest. This move comes amid a downturn in the broader market, with venture deals remaining depressed and few tech IPOs since 2021. Despite the market slowdown, Andreessen Horowitz remains focused on raising more money for its crypto fund and a separate biotechnology fund.
Originally Published 1 year ago — by Bloomberg
Andreessen Horowitz, a major venture capital firm, has raised $7.2 billion in new funding, surpassing its earlier fundraising target by about 4%. The firm plans to raise even more for 2025, marking a significant milestone in the startup world after a challenging period.
Originally Published 1 year ago — by Reuters
Saudi Arabia's government plans to establish a $40 billion fund to invest in artificial intelligence, with discussions of a potential partnership with U.S. venture capital firm Andreessen Horowitz and other financiers. The fund, expected to launch in the second half of 2024, aims to support various tech start-ups associated with AI, including chip makers and large-scale data centers. PIF's Al-Rumayyan has highlighted the kingdom as a potential hub for AI activity outside the U.S., citing its energy resources and funding capacity.
Originally Published 2 years ago — by Forbes
Health IQ, a startup backed by Andreessen Horowitz, has filed for Chapter 7 bankruptcy, revealing $1.3 million in assets and $257 million in liabilities owed to lenders, investors, and vendors. The company, which previously raised over $200 million in funding, recently laid off hundreds of employees and contractors. Co-founders Munjal Shah and Gaurav Suri received substantial payouts before the layoffs, with Shah collecting over $170,000 from the company despite stepping back from operations. Health IQ's bankruptcy is part of a trend of digital health companies facing financial difficulties, and experts predict an increase in bankruptcy filings for healthcare-related companies in the coming years.
Originally Published 2 years ago — by Endpoints News
Genesis Therapeutics has raised $200 million in Series B financing, co-led by Andreessen Horowitz and an anonymous life science investor. The startup, which utilizes artificial intelligence to design small molecule drugs, plans to use the funds to further develop its AI technologies, expand its pipeline, and advance its first computer-generated drugs into clinical studies.
Originally Published 2 years ago — by CNBC
Andreessen Horowitz is opening its first office outside of the U.S. in London, citing a more welcoming environment for crypto entrepreneurs in the U.K. The venture capital firm believes the U.K. will become a global leader in crypto, blockchain, and digital currencies. The move comes as the U.S. cracks down on the crypto industry, with the SEC announcing lawsuits against Binance and Coinbase last week. Andreessen Horowitz also plans to launch its first crypto startup school in the U.K. to identify future talent in the crypto and Web3 space.
Originally Published 2 years ago — by TechCrunch
US VC firm Andreessen Horowitz is opening its first international office in London, led by one of the firm’s general partners, Sriram Krishnan. The office will focus on supporting the development of crypto, blockchain technologies and associated Web3 startups. The move comes at a time when the SEC has been cracking down on the crypto industry, suing cryptocurrency exchanges Coinbase and Binance for allegedly breaching its rules. London’s long history in the finance world, large FinTech centre and softer regulatory approach to crypto has almost certainly played into a16z’s thinking on this strategic move.
Originally Published 2 years ago — by Fortune
Venture capital firm Andreessen Horowitz has announced its first non-U.S. office, a branch of its a16z crypto fund in London, amid an increasingly hostile environment toward crypto in the U.S. The move demonstrates the firm’s confidence in the U.K. as an emerging crypto powerhouse as lawmakers seek to regulate the industry. The office, scheduled to open later this year, will be led by Sriram Krishnan, a general partner at a16z. As part of the move, the venture firm announced a $43 million investment in the U.K.-based Gensyn, a crypto-meets-A.I. startup.
Originally Published 2 years ago — by Financial Times
Venture capital firm Andreessen Horowitz is set to open its first overseas office in London, with a focus on investing in cryptocurrency and blockchain technology. The move comes as the firm seeks to expand its presence in Europe and tap into the growing interest in digital assets.