a16z expands its crypto fund's remit to AI, hardware and frontier startups
Chris Dixon will lead a16z Frontier with Marc Andreessen, Ben Horowitz, Eddy Lazzarin and Guy Wuollet; a16z disclosed no new fund size or allocation.
By RuntimeWire Staff · Published
Primary source: Andreessen Horowitz
Why it matters
The new name broadens a16z Crypto's stated mandate, but founders outside crypto still lack a key signal: how much capital the practice will direct to AI, hardware, biology and other frontier fields.
Andreessen Horowitz is widening the brief for its crypto investment practice, renaming it a16z Frontier and tasking Chris Dixon (@cdixon) with pursuing startups across AI, hardware, biology and other technologies that may take years to find a market. The October 22nd announcement keeps crypto in the mandate. It does not disclose new capital for the expanded scope or how the fund will divide investments among those areas.…
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