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Today: November 19, 2024
April 18, 2024
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A16Z Goes All in on Gaming with $600M Fund


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.


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