A16z's gaming fund to invest $30 million in multiple startups

Quick Take

  • Andreessen Horowitz plans to invest $30 million in multiple gaming-related tech startups.
  • The firm’s gaming fund, which was started in 2022, invests in developing various gaming-adjacent technologies, including web3. 

Top venture capital firm Andreessen Horowitz announced on Monday it plans to invest $30 million in multiple startups.

"I'm investing $30 million in the next 45 days via the a16z Speedrun program," a16z General Partner Andrew Chen posted to X. "$750,000 per startup that joins the Speedrun program ... we'll invest, work with you, expose you to the world's top investors/mentors, etc."

Chen helps oversee the firm's Game Fund One, a $600 million fund launched nearly two years ago. Although Games Fund One invests in various gaming-adjacent technologies, including artificial intelligence, virtual reality, augmented reality and more, it also funds web3 startups.

Games Fund One includes the founde