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Storied Silicon Valley VC firm Andreessen Horowitz is backing a fledgling U.K. startup that’s setting out to “redefine” how AI is used to match companies with talent. Dex, as the startup is called, targets candidates and companies with various AI-powered recruitment smarts, including matchmaking and coaching, with a view toward improving retention in the long … Read more
Andreessen Horowitz’s hiring spree continues. On Monday, Erik Torenberg announced that the giant VC firm had acquired his Turpentine podcast, with him joining as a general partner. Torenberg’s podcast focuses mostly on interviewing VCs at a variety of firms about their approach to investing. Recent guests include Accel’s Andrew Braccia, Seven Seven Six’s Alexis Ohanian, … Read more
Venture capital firm a16z Crypto has acquired an additional $55 million worth of LayerZero’s native token, ZRO, according to an announcement on X. The newly purchased tokens will be subject to a three-year lockup period, demonstrating the firm’s long-term commitment to the project. The move builds on a16z’s previous backing of LayerZero, having led both … Read more
Airdrops should be “safe, legal, and frequent,” a16z’s head of policy stated, advocating for a safe-harbor from regulatory enforcement. Crypto industry continues its push for more favorable crypto regulation. On Thursday, April 10, Miles Jennings, the head of policy and general counsel at venture capital firm a16z crypto, published a report advocating for easing regulations … Read more
In less than a year, Base Power has grown from a stealthy startup to one of the largest battery fleets in Texas. Now, the company has raised $200 million to fund a rapid expansion, including dozens more megawatt-hours of battery storage and plans for a domestic battery factory. The Series B round was led by … Read more
Scott Kupor, the first hire at Silicon Valley venture capital powerhouse Andreessen Horowitz, is stepping away from active management of dozens of funds but maintaining passive stake in nearly 40 other firm funds, as the Senate weighs his nomination by Trump to lead the Office of Personnel Management. Kupor will resign as managing partner from … Read more
Last year, AI-powered sales automation startup 11x appeared to be on an explosive growth trajectory. However, nearly two dozen sources – including investors, current and former employees – tell TechCrunch that the company has experienced financial struggles, largely of its own making. Numerous people in the U.S. and U.K. told TechCrunch that the situation has … Read more
Key Takeaways El Salvador is positioning itself as a tech hub with new policies and zero tax rates for tech industries. President Nayib Bukele discussed AI development and regional tech investment opportunities with a16z co-founders. Share this article El Salvador President Nayib Bukele recently held talks with a16z’s co-founders Ben Horowitz and Marc Andreessen at … Read more
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 … Read more
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