Assets
2023: Investments in OpenAI
At the end of April 2023, it became known that OpenAI, the developer of the advanced chat bot ChatGPT based on artificial intelligence, raised $300 million for development. Read more here.
2022
Launch of a $4.5 billion fund to invest in crypto startups
On May 25, 2022, one of the world's largest venture capital firms, Andreessen Horowitz, announced a $4.5 billion raise in its largest venture capital fund to invest in cryptocurrency and Web3 startups. This fund, the fourth in a row, will allow the company to bring the total amount of attracted investments in cryptocurrencies to $7.6 billion. In the new fund, $1.5 billion will go to seed investments, and the rest of the funds will be used for venture capital investments. This fund is more than twice the amount raised in the third fund in June 2021.
Chris Dixon, managing partner and founder of the a16z cryptocurrency division, said he believes the industry is entering the "golden era of Web3."
 | Programmable blockchains are quite advanced, and diverse applications have reached tens of millions of users, "Dixon said. More importantly, a huge wave of world-class talent has come to Web3 over the past year. They are brilliant, passionate and striving to build a better internet. |  |
Dickson said a16z will use the fund to invest in Web3 startups at all stages of the industry, as well as to expand its own operating functions to help its portfolio companies solve problems. In particular, expand research and engineering developments in the field of cryptography, mechanism design, protocols and tokenomics; Security features for key management and smart contracts recruit talent and staff; and help overcome legal and regulatory obstacles.
This newest fund was created during one of the largest recessions in the cryptocurrency market and the collapse of the Luna cryptocurrency along with its sister currency, the TerraUSD stablecoin. Despite this, venture capital investment in the crypto industry continues to flow.
Speaking about the foundation, Dixon said the "golden era" comes when the right factors add up together, such as infrastructure, talent and community, to form "legendary teams." He added that, in his opinion, talented specialists will Web3 build "the next generation of the Internet."
| | Our frequent conversations with specialists in this area gave us confidence that we can make great achievements, and we are grateful to be partners with them, "Dixon said.[1] | |
Investing in Metatheory
On May 16, 2022, Web3-company Metatheory, founded by Twitch co-founder Kevin Lin, raised $24 million in Series A funding. Read more here.
Investing in an American Enterprise Risk Management Platform
On February 24, 2022, AnyRoad, an enterprise risk management platform, announced the closure of the Series B funding round and an investment of $47 million. The funding came from funds managed by BlackRock with contributions from Runa Capital, Andreessen Horowitz (a16z) and Kaiser Permanente. Existing investors Rally Ventures, Precursor Ventures and Day One Ventures, as well as new investors Commonfund and Corner Ventures, joined the round with a re-subscription. Read more here.
Raising $9 billion for three new investment funds
On January 7, 2022, it became known that Andreessen Horowitz raised $9 billion for three new funds. The largest of the new investment instruments, called the Growth Fund, is launched with an initial capital of $5 billion. It is being deployed along with a $1.5 billion bio fund and a $2.5 billion venture capital fund.
Andreessen Horowitz co-founder and general partner Ben Horowitz wrote in a blog post that the company would be "writing checks worth between $25,000 and hundreds of millions of dollars." At the launch of the two previous funds in 2020, Andreessen Horowitz reported $16.5 billion in asset management. The additional $9 billion raised by Andreessen Horowitz will allow the investment giant to further expand its portfolio.
| | One might ask: "Why invest $9 billion in a completely new group of technology companies?" Our response begins with one of the firm's core cultural values: We believe in the future and bet on it, "Ben Horowitz wrote on January 7. - At Andreessen Horowitz, we especially believe in a technology-based future. There is nothing more worthwhile than our most brilliant minds, who take huge risks to improve the world by doing something more than themselves. As my partner Mark describes in Technology Saves the World, without significant advances in technology, life on Earth will definitely not improve and may well deteriorate. | |
The fact that $1.5 billion of the $9 billion in new capital raised by Andreessen Horowitz will go to a new bio fund underscores its growing focus on the biotechnology and healthcare sector. The new bio-fund is likely to enable Andreessen Horowitz to execute its investment strategy in these areas.
This news of three new funds comes just five months after the launch of a separate $400 million fund to support start-ups at the seed stage was announced on August 27, 2021. At the time, the firm said rounds of seed funding recently accounted for about half of its investment. In 2021, Andreessen Horowitz raised $2.2 billion for a fund specializing in blockchain and cryptocurrencies.
According to the Crunchbase study, in 2021, the world venture capital investments reached $643 billion, which is 92% more compared to 2020. In 2020, an average of about 10 new unicorn startups worth $1 billion or more were created every week. Financial services startups have raised the most funds, followed by health care companies e-commerce , and. transport[2]
2021
Investing in a startup for Zuma realtors and tenants
American startup Zuma, developing an application AI with for realtors and tenants, announced on November 19, 2021, to raise initial funding in the amount of $6.7 million and withdraw from the beta testing phase. The $6.7 million round was led by Andreessen Horowitz with input from Range Y Combinator Ventures, Liquid 2, Day One Ventures Soma Capital and a group of private investors, including Apartment List co-founder Chris Erickson, former Y Combinator chief operating officer Kasar Younis and Lambda School founder Austen Allred. The latest round of funding gives Zuma a total of about $7.2 million raised at the time of November 19. More. here
Investing in blockchain company Matter Labs
Founded by Ukrainian Alexei Glukhovsky, startup Matter Labs developing a scaling protocol, blockchain Ethereum raised $50 million in a series B funding round, in particular from Andreessen Horowitz. Earlier, in February 2021, the startup raised $6 million through round A. Read more. here
Launch of a $400 million fund to invest in IT startups
On August 27, 2021, venture capital firm Andreessen Horowitz announced the launch of a new $400 million fund to support early-stage technology startups. Andreessen Horowitz general partner Martin Casado noted that the company usually invests about $6 million in startups that are just getting started. Together with capital, the company also provides support in various business matters.
| | This will include access to training and content, an advisory group of peer companies and a network specifically focused on start-up companies. In addition, the venture capital firm offers assistance in early hiring, product design, marketing and growth and access to the industry's most extensive customer network overall, Andreessen Horowitz said in a statement. | |
Andreessen Horowitz's decision to double its investment in start-ups in the early stages is part of a broader industry trend, Martin Casado said. Investment in new startup teams has skyrocketed since 2019, the investor said.
In 2021, venture capital activity as a whole increased significantly. According to Crunchbase, in the first half of 2021, startup funding reached an all-time high of $288 billion, more than twice the $110 billion invested in 2020.
Andreessen Horowitz was among the top five most active venture capital investors in the first half of 2021 alongside Accel, General Catalyst, Tiger Global and Insight Partners. According to estimates, until the beginning of July 2021, more than $6 billion was invested in about 3.5 thousand startups at an early stage. Since Andreessen Horowitz is such a prominent player in the venture capital ecosystem, its decision to launch a special early investment fund could send a strong message to other investors around the world.[3]
Investing in DoNotPay Legal Services Chatbot
At the end of July 2021, the American chatbot of legal services DoNotPay raised $10 million in investments, increasing its estimate to $210 million. Andreessen Horowitz, Lux Capital, Tribe Capital, Felicis Ventures, as well as the Day One Ventures fund, founded by Maria Drokova, ex-speaker of the Nashi youth movement, who kissed Vladimir Putin on the cheek in Seliger in 2009, invested in the startup. Read more here.
Launch of a $2.2 billion fund for investments in a crypto company
At the end of June 2021 Andreessen Horowitz , he launched his third fund for $2.2 billion for investments in crypto companies -. Crypto Fund III This is the largest vertical fund of the company in the entire history of its existence, the newspaper notes. TechCrunch More. here
Investing in fintech company Plaid
In early April 2021, fintechstartup Plaid he raised $425 million as part of the Series D financing round. The investment round was headed by the venture capital company Altimeter Capital, and Andreessen Horowitz also invested in the startup. The capitalization of the American startup is $13.4 billion. here More.
Investing in the developer of "DOS for industrial robots" attracted tens of millions
At the end of February 2021, Symbio raised $30 million in investments. The funding round was led by the ACMECapital fund. Andreessen Horowitz, Eclipse Ventures and The House Fund also participated in the deal. Read more here.
2020
Launch of a $450 million fund for investments in a crypto company
In mid-April 2020, it became known that Andreessen Horowitz plans to raise $450 million to finance cryptocurrency projects, creating a new fund for these purposes. It is planned to raise the necessary amount by the end of April 2020, while the company has not set strict restrictions on the size of the fund. The participants of the fund were not disclosed.
The new fund was announced about 2 years after the creation of another similar fund to invest in startups developing blockchain technology. The previous fund was called a16z crypto, and its size amounted to $350 million.
One of the companies that received funds from a16z crypto was Dfinity. It creates an "Internet computer" - a computing platform consisting of disparate data centers around the world operating on a single protocol.
According to CB Insights, in 2018, investments in cryptocurrencies and blockchain technology tripled to $4.3 billion. However, in 2019 it decreased by a third compared to 2018. At the beginning of 2020, it can be stated that cryptocurrencies have largely experienced the shocks caused by COVID-19 in the capital markets.
It is worth noting that in addition to Dfinity, Andreessen's investment portfolio contains more than 20 young companies engaged in virtual currencies and blockchain. Among them, Coinbase is a large platform for buying and selling virtual money. In 2013, the fund led a round of investments in this $25 million project. In 2018, after another round of investments, the volume of which amounted to $300 million, the platform was valued at $8 billion.
Andreessen Horowitz is known primarily for its investments in companies such as Facebook and Twitter. She also held Libra, a cryptocurrency project from Facebook founder and CEO Mark Zuckerberg that was met with skepticism by the announcement.[4]
Investing in Stripe
In mid-April 2020, it became known about the attraction of Stripe about $600 million investments. According to the results of the funding round, the company was valued at $36 billion, which makes it the most expensive startup in Silicon Valley. That's more than the cost of Palantir Technologies and Airbnb. Read more here.
Investing in Waymo
On March 2, 2020, Waymo announced that it had raised $2.25 billion in investments. This money will go to the global expansion of the developer of self-driving cars. Read more here.
Investees
Notes
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