a16z’s first global office will be in London due to ‘predictable’ environment

Renowned venture capital firm Andreessen Horowitz (a16z) is opening its first global office in London due to a “predictable” regulatory environment.

The decision to expand comes in the wake of growing regulatory challenges faced by crypto firms in the United States. Chris Dixon, a16z's crypto founder and managing partner, highlighted the importance of a predictable business environment as a key factor behind the...

12 June 2023 | Altcoins

Chris Dixon, a16z, says crypto can shift power away from Big Tech

Web3 network

After raising a record-breaking $4.5 billion (£3.8bn) for its latest crypto fund earlier this year, Andreessen Horowitz (a16z) has said it sees the ongoing market downturn as an investment opportunity.

Chris Dixon, the founder of a16z’s crypto arm, believes cryptocurrency has the ability to disrupt the power imbalance between consumers and big tech companies like Meta and Twitter.

In an interview on FT's Tech Tonic podcast, Dixon said that power on the internet...

24 August 2022 | Banking

A16z unveils record-breaking web3 fund despite market agitation

Andreessen Horowitz’s web3 arm - a16z crypto - has raised $4.5 billion (£3.6bn) for its fourth crypto fund, setting a new record for venture capital (VC) in spite of the market’s turbulence.

Last June, a16z crypto announced its third fund whilst the market’s total capitalisation sat at an all too familiar $1.35 trillion (£1.05tn).

Back then, the firm brought $2.2 billion (£1.75bn) to the table for what it saw as the “next wave of computing...

25 May 2022 | Cryptocurrency

A16z State of Crypto: “It is still early days for web3”

Andreessen Horowitz (a16z), a prominent venture capital firm investing heavily in the web3 sector, has published its first “State of Crypto” report exploring current trends in the market.

The overarching takeaway from the report is that web3 and the crypto market develop in cycles.

As prices climb, interest in the sector grows to the point where it can no longer be sustained. Following a (usually steep) falloff in prices, innovators develop new projects that revive...

18 May 2022 | Blockchain Applications

Alchemy valued at £2.5bn following Series C funding led by a16z

Cobweb

Alchemy, a leading infrastructure provider for blockchain and Web3 developers, has raised £183 million in its Series C funding round, bringing its valuation to £2.56 billion.

The round was led by venture capital firm a16z, with Lightspeed and Redpoint also joining as new investors. Existing investors Coatue, DFJ, and Pantera also participated with additional investment.

The company, which compares its role in blockchain and Web3 development to Amazon Web Services’...

2 November 2021 | Blockchain Applications