Andreessen Horowitz (a16z) Allocates $30M Funding for Gaming Startups
cryptonews.comSilicon Valley-based venture capital firm Andreessen Horowitz (a16z) founded by Marc Andreessen and Ben Horowitz is investing $30 million in gaming startups in the next 45 days.
Andrew Chen is a general partner for a16z Games took to the social media platform X to share the funding announcement. Chen said the firm will invest the $30 million through its a16z Speedrun program and $750 will be allocated per startup. The deadline for applying for the funding is May 19 with those shortlisted will be notified at the end of July.
Gaming startups selected to join the Speedrun program will work closely with a16z and be exposed to investors and mentors, said Chen.
This is the third Speedrun program launched by a16z Games — described as an early-stage accelerator for startups at the intersection of Tech x Games.
BIG NEWS:
i'm investing $30M in the next 45 days via the a16z SPEEDRUN program
