$25M sweet spot round size
Most of their 20 investments are in rounds between $6M and $32M
2009
IYK* raised $17M on September 28, 2023
Investors: 1kx, Art Blocks Inc., Lattice Capital, Synergis Capital, Coop Records, Collab+Currency and a16z crypto
Narval raised $4M on July 10, 2023
Investors: BlockTower Capital, Motier Ventures, Fabric Ventures, Cherry Ventures, Frst and a16z crypto
Gensyn raised $42M on June 12, 2023
Investors: Zee Prime Capital, Protocol Labs, M31 Capital, CoinFund, Id4 ventures, Canonical Crypto, Eden Block, Maven 11 Capital and a16z crypto
Tools for Humanity raised $115M on May 25, 2023
Investors: Distributed Global, Blockchain Capital LLC, Bain Capital Crypto and a16z crypto
Story Protocol raised $29M on May 17, 2023
Investors: Mirana Ventures, Hashed, dao5, Berggruen Holdings and a16z crypto
Capsule Wallets raised undisclosed on March 15, 2023
Investors: SPICE CAPITAL PARTNERS LLP, Geometry and a16z crypto
Here Not There Labs raised $26M on February 23, 2023
Investors: Benchmark Capital, Framework Ventures and a16z crypto
Blockus raised $1.1M on February 15, 2023
Investors: a16z crypto
Levels raised $7M on January 31, 2023
Investors: Trust Ventures, Shrug Capital, Andreessen Horowitz and a16z crypto
Plai Labs raised $32M on January 19, 2023
Investors: a16z crypto