Category: Andreessen Horowitz

Lowkey raises $7 million from a16z to help game streamers capitalize on short-form video

While the growth of game-streaming audiences have continued on desktop platforms, the streaming space has felt surprisingly stagnant at times, particularly due to the missing mobile element and a lack of startup competitors. Lowkey, a gaming startup that builds software for game streamers, is aiming to build out opportunities in…

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Apple invests $50M into music distributor UnitedMasters alongside A16z and Alphabet

Independent music distribution platform and tool factory UnitedMasters has raised a $50M series B round led by Apple. A16z and Alphabet are participating again in this raise. United Masters is also entering a strategic partnership with Apple alongside this investment.  If you’re unfamiliar with UnitedMasters, it’s a distribution company launched…

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Entertainment payroll startup Wrapbook raises $27M round led by A16Z

Wrapbook, a startup that simplifies the payroll process for TV, film and commercial productions, has raised $25 million in Series A funding from noteworthy names from both the tech and entertainment worlds. The round was led by Andreessen Horowitz, with participation from Equal Ventures and Uncork Capital, as well as…

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Eco raises $26M in a16z-led round to scale its digital cryptocurrency platform

‍Eco, which has built out a digital global cryptocurrency platform, announced Friday that it has raised $26 million in a funding round led by a16z Crypto. Founded in 2018, the SF-based startup’s platform is designed to be used as a payment tool around the world for daily-use transactions. The company…

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Autonomous drone maker Skydio raises $170M led by Andreessen Horowitz

Skydio has raised $170 million in a Series D funding round led by Andreessen Horowitz’s Growth Fund. That pushes it into unicorn territory, with $340 million in total funding and a post-money valuation north of $1 billion. Skydio’s fresh capital comes on the heels of its expansion last year into…

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What the NFT? VC David Pakman dumbs down the intensifying digital collectibles frenzy

Non-fungible tokens have been around for two years, but these NFTs, one-of-one digital items on the Ethereum and other blockchains, are suddenly becoming a more popular way to collect visual art primarily, whether it’s an animated cat or an NBA clip or virtual furniture. “Suddenly” is hardly an overstatement. According…

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