Andreessen Horowitz
Coverage of Andreessen Horowitz in the Nexus archive.
- Andreessen Horowitz could make close to $1.5 billion from OpenRouter's potential sale to Stripe
Stripe is reportedly set to acquire OpenRouter, a leading AI model marketplace, for over $8 billion. This deal could generate significant returns for venture capital firms; Andreessen Horowitz may see close to $1.5 billion, contributing to combined payouts of nearly $2 billion for the investors involved.
- Travis Kalanick says he wouldn't do 'anything different' about the missed Uber-Lyft acquisition
Travis Kalanick stated he has no regrets regarding the potential 2014 acquisition of Lyft by Uber, citing that cultural differences were too great for the companies to merge. The talks collapsed over valuation disagreements and issues like Lyft's carstache effort. Separately, Kalanick recently launched Atoms, a robotics company, which successfully raised $1.7 billion in equity funding.
- Pete Hegseth’s Pentagon picks raise questions over Trump family business ties
Pete Hegseth's appointments to a key Pentagon advisory body include advisers with ties to a venture capital fund where Donald Trump Jr is a partner. Marc Andreessen’s firm, Andreessen Horowitz, co-invests with the Trump partnership 1789 Capital in three defense contractors, and fellow appointee Blake Masters also sits on boards linked to 1789 Capital.
- Cloud startup Volta claims $10B AI lab deal for Norway bit barn
Volta, an AI cloud startup backed by Nvidia and Michael Dell, plans to build AI factories in Norway and other regions, targeting over 1 GW of capacity by 2030. The company claims a $10 billion partnership with Anthropic to develop a 133 MW facility in Norway using Nvidia infrastructure, with funding totaling $300 million from investors including Andreessen Horowitz and Bitdeer.
- Jared Leto was raising a $75 million venture fund before recent accusations
Jared Leto was in the process of raising a $75 million venture capital fund before sexual misconduct allegations emerged via a BBC documentary. A representative from Andreessen Horowitz (a16z) contacted potential investors on his behalf, and Leto has previously made personal investments in companies like Robinhood and Postmates.
- To power AI, Khosla and a16z bet this startup can reinvent mining
Mariana Minerals, a software-focused mining startup, aims to reduce costs of critical metals like lithium, copper, and aluminum to support AI and electrification. The company raised $310 million in a Series B led by Khosla Ventures and Andreessen Horowitz, with a total $400 million raised and a $1.5 billion valuation. The U.S. faces supply chain risks due to China's dominance in mineral processing.
- Whatnot is in talks to raise a new funding round at a $20 billion valuation
Live shopping startup Whatnot is in talks to raise a new funding round at a $20 billion valuation, up from $11.5 billion last year. The company reported $8 billion in live sales in 2023 and is backed by investors including Andreessen Horowitz and Sequoia Capital.
- Anduril in talks to raise funding at about $100 billion valuation
Defense tech firm Anduril is in talks with investors for a potential $100 billion valuation funding round, which could rival companies like Northrop Grumman and Lockheed Martin. The company has seen rapid growth in military sales and recently announced new drones, including the Thunder vertical-takeoff-and-landing model, alongside increased revenue and workforce expansion.
- Uber founder Travis Kalanick raises $1.7bn for new start-up
Travis Kalanick, Uber founder, has raised $1.7 billion for a new start-up. The funding round includes Andreessen Horowitz and the riding hailing group.
- Mercor CEO says young people job-hop too often
Mercor CEO Brendan Foody criticizes Gen Z for frequent job-hopping, arguing that young workers prioritize short-term résumé boosts over long-term career growth through relationships and trust. He contrasts this with the career trajectories of those who achieve 'extraordinary' success, who tend to avoid serial job changes.
- They left McKinsey to help businesses fight patent violations. See the pitch deck they used to raise $10 million.
Stilta, a startup using AI-powered software to help businesses combat patent violations, raised $10.5 million in seed funding. Founded by four former McKinsey colleagues, the company's investors include Andreessen Horowitz, Y Combinator, and employees from AI companies like OpenAI.
- There are 3 telltale signs that you used AI to make your app, and they aren't pretty
The article identifies three signs that an app was created using AI tools like Lovable and Replit, including a bland, cookie-cutter design with beige backgrounds and sans-serif fonts, dysfunctional yet aesthetically pleasing interfaces, and over-polished visuals for underdeveloped products. Experts note these traits result from 'regression to the mean' and homogenization in AI-generated design, with users reporting feedback like 'AI slop'.
- Startup bets that investors want to trade compute like a commodity
Ornn, an Andreessen Horowitz-backed startup, raised $33 million to create a marketplace for trading AI compute power as a commodity. The initiative aims to make AI development more sustainable by enabling price hedging and benchmarking, with Goldman Sachs projecting $7.6 trillion in global compute investments by 2031. Challenges include compute's non-static nature and lack of storage, but Ornn partners with Bloomberg Terminal and faces potential regulatory futures markets.
- How six venture capital giants are reshaping startup financing
Six venture capital firms—Andreessen Horowitz, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners, Founders Fund, and General Catalyst—now raise more capital than all other U.S. venture firms combined, driven by AI startup demands, private company retention, and institutional investor preferences. These firms offer entrepreneurs resources like advisers and recruiting support but also impose high expectations for rapid scaling and large returns, prompting some founders to seek smaller, more flexible investors.
- Lasher, backed by Nadler, wins high-profile primary
Micah Lasher won a contentious primary to succeed Rep. Jerry Nadler in New York’s 12th District, leveraging his political experience and support from Hochul and a Bloomberg-funded super PAC. His main rival, Alex Bores, faced significant spending from AI industry-backed groups opposing and supporting his AI regulation stance, but Lasher secured victory.
- MrBeast has hired a team from an A16z-backed startup as he races to build a creator platform
MrBeast's company, Beast Industries, has hired a team from Andreessen Horowitz-backed startup Pietra to build a creator platform connecting brands and creators. Key hires include Pietra's CEO Ronak Trivedi and former Google/Uber executive Shiva Rajaraman. The platform aims to diversify MrBeast's ventures beyond YouTube into areas like commerce and membership programs.
- Crypto’s most controversial governance idea is making a comeback
Crypto investors are reevaluating decentralized autonomous organizations (DAOs) after past failures highlighted issues with token-based governance. Critics argue majority token ownership undermines true democracy, citing examples like Polymarket and UMA protocol where a few large holders sway decisions. Despite skepticism, some founders remain optimistic about improving DAOs through new iterations.
- Chinese AI models raise ‘sleeper agent’ fears after report finds more vulnerable code for US users
A Booz Allen report warns that Chinese AI models like Kimi, Qwen, MiniMax, and DeepSeek may produce more vulnerable code when prompted by U.S. government users, raising security risks for U.S. companies and critical infrastructure. The report compares these models to Anthropic's Claude, finding significant increases in coding flaws under specific conditions, likening the behavior to 'sleeper agent' tactics.
- Prediction Market Kalshi Eyes IPO as Revenue Hits $2 Billion
Kalshi, a U.S. prediction market platform, is in early-stage IPO discussions after annualized revenue surged to $2 billion, driven by increased trading volumes and a $1 billion Series F funding round at a $22 billion valuation. The company dominates 90% of the U.S. market and plans institutional expansion ahead of a potential 2027–2028 IPO.
- Meet your new AI coworkers: Convey raises $38 million led by a16z to take repetitive work off employees' plates.
Convey, a startup building AI 'teammates' to automate repetitive work, raised $38 million in Series A funding led by Andreessen Horowitz. The company aims to shift focus from 'AI agents' to collaborative tools, with customers including NBCUniversal, Samsara, and TelevisaUnivision.
- SpaceX's IPO could propel the next generation of rocket companies. Here are 18 members of the SpaceX Mafia to know.
SpaceX's IPO is expected to catalyze investment in new space startups, with 18 companies founded by former SpaceX employees highlighted. Investors and founders compare this to the PayPal Mafia's influence, predicting increased venture capital and risk-taking in the space industry.
- Founders Fund, Andreessen Horowitz, Valor, and the biggest VC winners from SpaceX’s IPO
The SpaceX IPO marks a significant win for venture capital firms like Founders Fund, Andreessen Horowitz, Sequoia, Valor Equity Partners, and DFJ Growth, which invested in the company over the years. The IPO highlights a decades-long shift in VC scaling, with SpaceX's valuation reaching nearly $1.8 trillion.
- Ex-Andreessen Horowitz partner slams his old firm, other VCs for 'political infiltration' around AI
John O'Farrell, a former partner at Andreessen Horowitz, criticizes the firm and other VCs for 'political infiltration' related to AI. He accuses the PAC Leading the Future, supported by Andreessen Horowitz, of attempting to intimidate politicians.
- Wall Street Giants, Sovereign Wealth Fund Back Canton Network Creator in $355M Round
Digital Asset, the creator of Canton Network, secured $355 million in a funding round led by Andreessen Horowitz, with additional backing from Wall Street Giants and a Sovereign Wealth Fund.
- Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain
Fortune's Crypto 100 ranks top blockchain companies across 10 categories, including pioneers like Coinbase and Kraken, as well as newer firms like Hyperliquid and Ondo. The list highlights companies in finance, crypto services, and stablecoins, with Bitcoin leading the blockchains & protocols category.
- VCs can't get enough of legal startups. Andreessen Horowitz just invested in one taking work from patent lawyers.
Fearn Fearn, a legal startup developing AI tools for patent drafting, raised $5.5 million in seed funding led by Andreessen Horowitz and Kindred Ventures. The startup aims to enable inventors to create patent drafts independently, targeting a shift in legal tech from serving law firms to empowering companies to handle more legal work in-house.
- Sam Altman's eye-scanning startup is laying off employees
Tools for Humanity, a startup co-founded by Sam Altman, is laying off employees amid struggles to generate revenue with its iris-scanning 'Orb' device. Despite a $2.5 billion valuation and backing from investors like Andreessen Horowitz, the company faces challenges in proving its technology's viability and regulatory acceptance.
- Partiful threw its own party, complete with free cigs, a Tamagotchi necklace, and a bong packed with Smarties
Partiful, a social app for hosting parties, threw a party during New York Tech Week to celebrate its new ticketing feature, which generates revenue through service fees. The event included free cigarettes, a Tamagotchi necklace, and a bong filled with Smarties, reflecting the app's focus on Gen Z social culture.
- Techno-optimism is on full display at NY Tech Week
Techno-optimism is highlighted at NY Tech Week, with David Haber of Andreessen Horowitz noting real-world tech deployment in sectors like media, fashion, finance, and healthcare in New York City.
- Luma AI launching robotics lab anyone can use
Luma AI is launching an open-access robotics lab to allow anyone to train robots using its software, expanding beyond its video generation models. The lab aims to democratize robotics software and infrastructure, with CEO Amit Jain emphasizing the need to avoid monopolization by a few companies.
- Stilta raises $10.5M from a16z and YC to help companies rediscover the patents they forgot they had
Stilta raises $10.5M in seed funding led by Andreessen Horowitz to help companies rediscover forgotten patents. The round also includes investors from YC and operators from companies like OpenAI and Legora. This investment aims to support Stilta's mission in patent rediscovery.
- AI assumes larger role in US elections
AI is becoming a major factor in US elections, with venture capital firm Andreessen Horowitz emerging as the largest midterm donor to support pro-AI candidates. Meanwhile, 70% of Americans oppose data centers in their areas, and a New York City Democratic primary has become a battleground over AI regulation policy.
- Andreessen Horowitz is the midterm elections' biggest donor
Andreessen Horowitz has donated $115.5 million during this election cycle, making it the biggest donor in the midterm elections. The donation is a significant contribution to the election. The venture capital firm's large donation may have an impact on the outcome of the elections.
- Legend is shutting down after raising $15M from a16z and Coinbase Ventures
Legend, an on-chain finance app, is shutting down after raising $15 million from investors including a16z and Coinbase Ventures. The app will stay live for 60 days before going offline on July 12. Users are advised to withdraw funds before then.
- Circle Raises $222M in Arc Token Presale at $3B Valuation
Circle raised $222M in Arc Token presale at a $3B valuation, with investors including Andreessen Horowitz and Blackrock, alongside its Q1 results. The raise was announced by the USDC issuer. The investment round included prominent firms.
- Circle raises $222 million from BlackRock, Apollo and others in Arc token presale valued at $3 billion
Circle raised $222 million from investors including BlackRock and Apollo in a presale of its Arc token valued at $3 billion, with Andreessen Horowitz leading the investment with $75 million. The funding round highlights the growing interest in cryptocurrency tokens. Circle's successful presale indicates a strong market demand for its Arc token.
- AI Won’t End Human Work, Andreessen Horowitz Partner Says
Andreessen Horowitz partner David George argues that AI will reshape work instead of erasing it, implying that human work will not be replaced by AI. This perspective suggests a significant shift in how work is approached. The future of work is expected to be influenced by AI.
- a16z raises $2.2B for new fund backing stablecoins, prediction markets
Andreessen Horowitz's crypto investment arm a16z raises $2.2 billion for a new fund to back stablecoins and prediction markets, focusing on projects with lasting value beyond hype. The fund will support projects that people continue to use over time. This investment aims to promote sustainable growth in the crypto space.
- Andreessen Horowitz Raises $2.2 Billion to Fund Next Wave of Crypto Startups
Andreessen Horowitz has raised $2.2 billion to fund crypto startups, signaling institutional confidence in crypto. This investment indicates a recovering landscape. The fund will support the next wave of crypto companies.
- Andreessen Horowitz raises $2.2 billion in a new fund, saying crypto fundamentals are at an 'all-time high'
Andreessen Horowitz has raised $2.2 billion in a new fund, citing strong crypto fundamentals. The firm believes crypto fundamentals are at an all-time high. This investment indicates growing confidence in the cryptocurrency market.