Andreessen Horowitz (a16z) is a venture capital firm that supports daring entrepreneurs who are creating the future with technology.
据 Fortune 报道,成立仅两年的 AI 原生会计平台 Rillet 宣布完成 1 亿美元 C 轮融资,估值达 10 亿美元,本轮由 ICONIQ 领投,Sequoia Capital、Andreessen Horowitz、Oak HC/FT 等老股东跟投,Bain Capital Ventures、Battery Ventures 等新投资方参与,公司累计融资总额已超 2 亿美元。 Rillet 定位为首个真正 AI 原生的会计平台,主打以 AI Agent 替代传统人工会计流程,可并行处理数百项操作,并生成完整审计追踪。目前已服务超 600 家客户,涵盖 Neuralink、Mercor 等头部 AI 企业,约 40%客户来自科技行业以外。
Odaily News, citing sources familiar with the matter, the U.S. Department of Justice is conducting an antitrust investigation into Andreessen Horowitz (a16z), examining whether its investing partners improperly held board seats at competing AI companies simultaneously.The investigation involves a16z-backed Databricks and Fivetran, with a16z co-founder Ben Horowitz serving on Databricks' board and partner Martin Casado serving on Fivetran's board.Sources said the investigation has been ongoing for nearly a year, and the DOJ has not yet decided whether to take further action, and may ultimately take none at all. (Bloomberg)
According to Business Insider, Stripe is in talks to acquire AI model marketplace startup OpenRouter for over $8 billion. If the deal goes through, the over 17% equity stake held by Andreessen Horowitz (a16z) will be worth nearly $1.5 billion, while their initial investment was only about $20 million; Menlo Ventures holds over 6% equity, invested less than $50 million, and is currently valued at over $500 million, with combined returns for the two firms approaching $2 billion.
Insider
Stripe
据 Bloomberg 报道,风险投资机构 Andreessen Horowitz(a16z)正面临美国司法部(DOJ)反垄断调查,核心争议在于其投资合伙人是否不当同时出任多家存在竞争关系的 AI 公司董事会成员。 据悉,涉事公司包括数据基础设施独角兽 Databricks 与数据集成平台 Fivetran,两者均为 a16z 被投企业,且同属数据收集、整理与分析赛道,存在直接竞争关系。其中,a16z 联合创始人 Ben Horowitz 担任 Databricks 董事会成员,合伙人 Martin Casado 则出任 Fivetran 董事会成员。
Odaily News, August 14 close: Shares of Space Exploration Technologies Corp. (SpaceX) closed at $140 per share, with a total market capitalization of $1.85 trillion, up 3.7% cumulatively from the offering price, successfully recovering nearly 50% of the post-listing pullback.According to recently disclosed 13F filings, as of the end of Q2 2026, Harvard University's Harvard Management Company (HMC) held total US equity positions of $4.26 billion, of which SpaceX accounted for the lion's share with 12.9351 million shares valued at $2.21 billion, representing a weight of 51.9%.The University of California system disclosed approximately $1 billion in SpaceX holdings; at the University of North Carolina system, SpaceX represents approximately 10% of the endowment fund (Odaily note: public information shows the fund is approximately $15 billion in size), primarily stemming from early joint investments with Founders Fund; Washington University in St. Louis has a holding ratio of 14%-16%, and its $13.4 billion endowment fund has benefited significantly from a direct capital injection in 2018 and indirect follow-on investments; Stanford University also holds substantial positions through top venture capital firms such as Sequoia Capital and a16z. Most of these universities entered when SpaceX was valued at only a few hundred million dollars in its early startup phase, fully capturing the valuation leap from the primary market to the secondary market, once again validating the core logic of ultra-long-term capital, exemplified by the Yale model, enhancing returns through venture capital. (Interface News)Previously reported: Harvard University holds a heavy position of $2.2 billion in SpaceX stock.
August
Company
Interface
Space
星球日报
Odaily News: Shaw posted on X platform, stating that daos.fun founder baoskee used insider information to trade during the ai16z project rename and migration process, profiting approximately $6.6 million by selling ai16z. Shaw claimed that in June 2025, the project team promised to launch a Snapshot vote for the community to decide whether to rename, after a16z had previously requested the project to change its name to avoid trademark disputes. When the voting mechanism was not launched on time as promised, baoskee, knowing about the rename pressure and subsequent migration plans, sold all ai16z from daos.fun's execution wallet and continued to dump tokens before the project migrated to elizaOS, causing the token price to drop. Shaw believes baoskee possessed information that other holders did not have at the time. Baoskee denied the allegations in response, stating that the Snapshot vote had actually been launched, and that daos.fun had additionally added and locked in over $1 million in ai16z liquidity at its own expense. Baoskee also counter-accused Shaw of serious issues in project operations, token migration, and development fund usage. There is a clear discrepancy between the two parties' statements. Shaw stated he would attach relevant on-chain records.
daos.fun
elizaOS
June
Snapshot
Odaily News AI model evaluation company Vals AI announced it has completed a $40 million Series A funding round at a $400 million valuation, led by a16z, with participation from 8VC, Pear VC, Bloomberg Beta, as well as HRT Ventures and Next Ladder Ventures. The new funds will be used to expand evaluation infrastructure and launch testing tools that create programming benchmarks based on enterprise GitHub code repositories.Vals AI evaluates frontier models from companies such as OpenAI, Anthropic, Google, Meta, and xAI using its independent framework, rather than relying on traditional public benchmarks. Its team members primarily come from companies including Nvidia, Meta, and Palantir. (Techfundingnews)
based
Ladder
Pear
According to TechTimes, AI model evaluation company Vals AI announced the completion of a $40 million Series A funding round at a $400 million valuation, led by a16z, with participation from new investors such as 8VC, Pear VC, and Bloomberg Beta, as well as HRT Ventures and Next Ladder Ventures. Vals AI evaluates frontier models launched by companies such as OpenAI, Anthropic, Google, Meta, and xAI using an independent system rather than traditional public benchmarks, and the new funds will be used to expand evaluation infrastructure and launch testing tools that create programming benchmarks based on enterprise GitHub codebases.
based
Ladder
Pear
Odaily News: Erebor Bank, co-founded by Palmer Luckey and Joe Lonsdale, is seeking a $1.5 billion funding round, expected to be completed within a few weeks, with a pre-money valuation target of $8 billion. a16z and other institutions are listed as potential investors. The project's main business is to provide crypto-friendly banking services. Erebor Bank completed a $350 million funding round in December 2025, when it was valued at $435 million.
Erebor
a16z crypto officially stated on X platform that stablecoin card payments are gradually gaining traction, with crypto payment cards evolving from a novelty to surpassing $750 million in monthly spending. These payment cards allow people to use cryptocurrency for purchases at any location that accepts traditional card networks. The accompanying infographic shows that crypto payment cards such as ReddotPay, EtherFi, and KAST recorded $750 million in spending in July.
KAST
Mainstream
Niche
According to Coin Bureau citing a16z data, the monthly spending volume of stablecoin cards has exceeded $750 million, indicating that cryptocurrency payment cards are further entering mainstream payment scenarios. Users can currently use stablecoins to pay at merchants covered by traditional bank card acceptance networks, with automatic conversion to local fiat currency at checkout to complete the transaction.
According to Fortune, live streaming e-commerce platform Whatnot completed a $545 million Series G funding round, with its valuation nearly doubling from $11.5 billion in October 2025 to $20 billion. The round was led by ICONIQ, Lightspeed, and Avra, with new investors including Kleiner Perkins, Wellington Management, and others, while existing shareholders such as Andreessen Horowitz, DST Global, and CapitalG continued to participate. Since its founding in 2019, Whatnot has raised approximately $1.5 billion in total funding, expanding its business from collectibles to hundreds of categories including designer bags and fresh food, covering multiple national markets, and surpassing 1 billion in order volume.
Odaily News: a16z-backed blockchain game developer Proof of Play will cease operations, citing the failure to build a sustainable business around its vision for decentralized gaming. The studio stated that it was unable to develop a product that could prove blockchain games can drive the规模化 development of a decentralized internet. Proof of Play will open-source most of its code and art assets, including the Pirate Nation game, smart contracts, and internal software development tools. The independent Pirate Nation Foundation will continue to support the PIRATE token and maintain the website, but Proof of Play points will no longer be redeemable for anything. The studio will also release the Founder Pirates NFT and Pirate Nation-related art and intellectual property under a CC0 license. The Shiba Story Go! game has been acquired by an unnamed third party and will continue to operate independently.
AINFT
Foundation
Foundation
Nation
Pirate Nation
Proof
According to TechfundingNews, enterprise-level AI agent company HappyRobot announced the completion of a $150 million Series C funding round, co-led by Prysm Capital and Eurazeo, with a16z, Base10, and Y Combinator continuing to invest. Other strategic investors include Koch Disruptive Technologies, Orange, and T.Capital under Deutsche Telekom, among others. HappyRobot focuses on utilizing AI agents to automatically handle complex, multi-step business coordination tasks, reducing manual coordination costs. Following this funding round, its total funding amount is approximately $200 million, and the company's valuation has reached $1.2 billion, officially joining the ranks of "unicorns".
Company
According to an official announcement, a16z-backed blockchain gaming studio Proof of Play announced it is officially ceasing operations, stating that it failed to create a sustainable business model to validate the core thesis that blockchain games drive the decentralized internet. The company decided to open-source all of its Pirate Nation game code, smart contracts, and art IP, and license them under the CC0 license for future developers to use. Additionally, internal AI-assisted development tools will also be open-sourced.
Nation
Pirate Nation
Proof
Proof of Play
According to Bloomberg, AI cloud infrastructure company Volta Infra Holdings announced the completion of $300 million in venture financing, achieving a valuation of $2.4 billion, co-led by Andreessen Horowitz and Altimeter Capital, with participation from NVIDIA and Michael Dell, founder of Dell Technologies. Additionally, Volta secured support from a $5 billion customer financing pool designed to help small and medium-sized AI enterprises lower the barrier to purchasing NVIDIA high-end chips. The company also disclosed it has signed a $10 billion, six-year cloud computing service contract with an unnamed leading AI developer. The contract will be fulfilled in partnership with Bitdeer, delivered via its 133 MW data center in Norway. Volta was co-founded earlier this year by former Brookfield Asset Management infrastructure executives Ricard Boada and Sofia Gumuzio. It has currently secured 1 GW of data center power resources and plans to develop new sites in Texas and Wyoming, aiming to deploy multi-gigawatt compute capacity before 2030.
Bitdeer
NVIDIA
Volta
According to Bloomberg, the current venture capital market is undergoing significant structural differentiation. As capital concentrates on top artificial intelligence startups, a large number of small and medium-sized venture capital funds are facing severe challenges including fundraising difficulties, declining performance, and narrowing exit channels. The report pointed out that the excessive hype for artificial intelligence has distorted the venture capital market. Data shows that just five companies—OpenAI, Anthropic, xAI, Waymo, and Nscale—accounted for 78% of all venture capital transaction volume in the first quarter of this year. Capital has flowed heavily towards a few top investors who bet early on AI, such as Founders Fund and Andreessen Horowitz, while small emerging fund managers find it difficult to compete with these top institutions. This differentiation is directly reflected in fundraising data. Last year, newly established management companies (managing three or fewer funds) raised only about $62 billion, a significant decrease of about 60% compared to $163.4 billion during the 2022 pandemic peak. Even for experienced management teams, last year's fundraising amount was only $84 billion, only one-third of that in 2022. Many LPs face liquidity pressure and are more inclined to demand returns on existing investments rather than commit new capital.
Boom
Market
According to Ember, two addresses suspected to be associated with a16z transferred 979,000 HYPE to Hyperliquid 8 hours ago and staked them, valued at approximately $53.53 million.
Hypercent
Hyperliquid
According to Fortune, software-driven mining startup Mariana Minerals has completed a $310 million Series B funding round, led by Khosla Ventures, with participation from Andreessen Horowitz (a16z), Breakthrough Energy Ventures, Greenoaks, BHP Ventures, Mitsubishi Corporation, and other institutions. This brings the company's total funding to $400 million, with a valuation of $1.5 billion. Mariana was co-founded in 2024 by Turner Caldwell, a former member of Tesla's factory design and construction team. Headquartered in San Francisco, the company is dedicated to reshaping the traditional mining industry with software technology. The company currently operates two mines: Copper One in Utah (a copper mine targeting an annual production of 50,000 tons of refined copper) and Lithium One in Texas (a lithium mine expected to enter commercial production in 2027).
Copper
特斯拉
According to monitoring by on-chain analyst Ai Yi, a wallet (0xb5E...c24e) suspected to be affiliated with a16z has withdrawn a total of 132,056.65 HYPE, valued at $7.335 million, from various exchanges over the past 8 hours, at an average withdrawal price of $55.54. Since July 15, the same address has transferred a total of 398,000 HYPE, approximately $24.89 million, to exchanges.
Hypercent
Hyperliquid