Andreessen Horowitz (a16z)
Canvas Category Consultancy : Company : Venture Capital
Founded in 2009 by Marc Andreessen and Ben Horowitz, Andreessen Horowitz (known as “a16z”) is a venture capital firm that backs bold entrepreneurs building the future through technology. We are stage agnostic: We invest in seed to late-stage technology companies, across the consumer, enterprise, bio/healthcare, crypto, fintech and games spaces. a16z is defined by respect for the entrepreneur and the entrepreneurial company building process; we know what it’s like to be in the founder’s shoes. The firm is led by general partners, many of whom are former founders/operators, CEOs, or CTOs of successful technology companies, and who have domain expertise ranging from biology to crypto to distributed systems to security to marketplaces to financial services. We aim to connect entrepreneurs, investors, executives, engineers, academics, industry experts, and others in the technology ecosystem. We have built a network of experts including technical and executive talent; top media and marketing resources; Fortune 500/Global 2000 companies; as well as other technology decision makers, influencers, and key opinion leaders. a16z uses this network as part of our commitment to help our portfolio companies grow their business, so our operating teams provide entrepreneurs with access to expertise and insights across the entire spectrum of company building.
Assembly Line
Infinite Machine Raises $9.3M in Seed Round Led by a16z to Fuel Non-Car Revolution
Infinite Machine, the New York-based company building the next generation of non-car vehicles, announced the close of its seed funding round. The $9.3M round was led by Andreessen Horowitz through its American Dynamism fund, with additional participation from Adjacent Capital, Necessary Ventures, Otherwise Fund, the founders of Reformation, Replit, and HuggingFace and Formula 1 World Champion Nico Rosberg (Founder Rosberg Ventures). The capital will accelerate production and the market launch of Infinite Machine’s debut product P1 — a high-performance electric scooter designed to be the ultimate vehicle for urban environments.
P1 is a tool created to unlock the experience of living in and exploring a city. It offers next-gen technology that blends practicality and performance: its electric drivetrain is staggeringly quick, quiet, and it features a high-performance removable battery that can be charged at home with a standard outlet. P1 is modular and can adapt to carry cargo, spare batteries and even a speaker. It is fully connected, with an onboard automotive-grade computer and remote app for convenience and security. The vehicle can seat two passengers comfortably and can be operated for up to speeds of 30 mph with a standard driver’s license in the US. With a motorcycle license, a software unlock enables speeds of up to 55 mph.
Astranis raises $200 million Series D, fully funding Omega development program
Astranis has raised a $200 million Series D, led by a16z Growth Fund and co-led by BAM Elevate. This brings our total capital raised to $750 million, and gets us one step closer to launching 100 MicroGEO satellites by 2030 — and connecting millions to affordable internet.