TLDR:
- A16z doubles their gaming investment with a $600 million fund as part of a larger $7.2 billion fundraise.
- They focus on supporting early-stage founders and investing in game studios, infrastructure, and consumer apps related to gaming.
A16Z has raised a new $600 million gaming fund as part of a $7.2 billion fundraising effort. Co-founder Ben Horowitz allocated funds across various venture strategies, including American dynamism, apps, games, infrastructure, and growth. The firm believes that there has never been a better time to build a game startup, with more players, platforms, tools, tech, and funding available than ever before.
Partner Jonathan Lai emphasized the firm’s commitment to early-stage founders, providing support at various stages of development. A16Z has already invested $1.2 billion in gaming and offers dedicated venture funds for different segments of the industry. This investment marks a significant milestone for A16Z and reflects their ongoing support for the gaming ecosystem.