Former North Carolina congressman Patrick McHenry announced Wednesday that he landed a job with VC firm Andreessen Horowitz. He will be a senior advisor. His post on X said little about what the job entails, except to be advocating for startups (which a16z likes to call “little tech”) with policymakers. Andreessen Horowitz did not immediately […]
a16z hires former Republican congressman Patrick McHenry as advisor Read More »
Powerhouse venture firm Andreessen Horowitz has hired Daniel Penny as an investor, its webpage confirms. Penny is the former Marine who was tried last year and found not guilty of criminally negligent homicide in the death of a homeless man on a New York City subway. After the man acted erratically, Penny held him in
A16z hires acquitted former Marine Daniel Penny as an investor Read More »
Andreessen Horowitz general partner and Mistral board member Anjney “Anj” Midha first spied DeepSeek’s jaw-dropping performance six months ago, he tells TechCrunch. That’s when DeepSeek introduced Coder V2, which rivaled OpenAI’s GPT4-Turbo for coding-specific tasks, according to a paper it released last year. This put DeepSeek on a path to release improved models every couple
Mistral board member and a16z VC Anjney Midha says DeepSeek won’t stop AI’s GPU hunger Read More »
Despite news that Andreessen Horowitz (a16z) closed its London crypto-focused office, the VC giant has dozens of scouts across Europe looking for early-stage startups, reports Sifted. Some scouts are said to work at companies like Poolside and 11x, the latter of which just raised a $50 million Series B led by the firm. Though many
a16z has venture scouts scattered across Europe Read More »
Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some are selling themselves off, while others are closing shop. The two most recent examples are the
Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to struggle Read More »
KoBold Metals closed a $537 million Series C round on Wednesday to help build a multi-billion-dollar mine to exploit a copper deposit it found using AI. The new funding round, which was led by Durable Capital Partners and T. Rowe Price, will be used to expand the company’s exploration efforts on five continents and develop
KoBold used AI to find copper — now investors are piling in to the tune of $537M Read More »
With Elon Musk playing such a high-profile role in Donald Trump’s transition team, Musk’s buddies, many of them Silicon Valley venture capitalists, are reportedly being tapped to help out. For instance, VC firm Andreessen Horowitz, and in particular co-founder Marc Andreessen, is repeatedly being mentioned. He, along with Antonio Gracias and Joe Lonsdale, are reportedly
Las Vegas police have received funding for tech like drones, license plate readers, and more from Andreessen Horowitz partner Ben Horowitz. Next on its wish list? Artificial intelligence to go through police footage. The city’s Sheriff Kevin McMahill said on a podcast with Horowitz and partner Marc Andreessen that he wants to use AI to
Las Vegas Sheriff tells a16z partners what’s next on his wish list: AI for bodycams Read More »
American drone manufacturer Skydio has raised an extension round of $170 million, adding onto the $230 million Series E it closed early last year. The new tranche of funding brings in strategic investors like Japanese telecom operator KDDI and Axon, the creator of the taser and other police tech. It also includes previous investors, like
Drone manufacturer Skydio raises $170 million extension round Read More »
Running payroll is hard in any country, but perhaps especially so in Brazil thanks to consistently changing laws and extremely influential unions that make it significantly harder to get it right. Fernando Gadotti struggled with this as the co-founder and CEO of DogHero, LatAm’s version of Rover. When Gadotti left the company in 2022, after
