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Andreessen Horowitz renames crypto fund to a16z Frontier, expands focus to AI and frontier tech
Andreessen Horowitz announced it is renaming its crypto fund to “a16z Frontier” and broadening its investment mandate to include artificial intelligence, autonomous machines and biology. The change reflects the firm’s view that the line between crypto and everyday technology has blurred. General partner Chris Dixon said the fund will continue to back crypto projects such as Coinbase, Solana and Uniswap while also pursuing new frontier technologies. The firm noted it has raised over $15 billion across its funds and that the previous $2.2 billion fund size remains the latest known figure. a16z described the move as an expansion rather than a shift away from crypto.