Andreessen Horowitz

Andreessen Horowitz is a Menlo Park-based venture capital firm that invests in technology and defense startups and runs the "American...

Facts

HQ
Silicon Valley
Sectors
Venture capital, Technology, Defense
Founded
2009
Founders
Marc Andreessen, Ben Horowitz

Cascade raises $3.5M seed led by a16z Speedrun to sell AI that predicts construction and engineering projects

London- and New York-based Cascade, founded by ex-Google operators Hannia Zia and Joana Ferreira, raised a $3.5 million seed round led by Andreessen Horowitz Speedrun to commercialize AI that predicts engineering and construction projects before they become public. The startup says its model reads signals such as permits, bond filings and budget announcements, has surfaced over $10 billion in opportunities for clients, and will use the funding to expand its network and accelerate adoption.

Moonshot to Release Kimi K3, a 2–3 Trillion-Parameter Open-Weight Model Rivaling Anthropic’s Opus 4.8

Beijing start-up Moonshot will soon release Kimi K3, a 2–3 trillion-parameter open-weight large language model that industry sources say may outperform Anthropic’s Opus 4.8 on mainstream benchmarks, narrowing the U.S.–China frontier AI gap. The model won’t match Anthropic’s more powerful Fable, but its open availability could challenge closed, costly U.S. offerings and shift adoption toward Chinese models.

SpaceX IPO and Upcoming OpenAI, Anthropic Listings Concentrate VC Returns Among 20% of Firms in 2026

AI mega-IPOs from SpaceX, OpenAI, and Anthropic are concentrating venture capital returns among only about 20% of firms, excluding roughly 3,000 other venture funds from the most significant liquidity events in a generation. SpaceX completed its IPO in June 2026, with OpenAI and Anthropic expected to follow soon, driving VC-backed exits to $350 billion in the first half of 2026.

California Leads U.S. States with $335 Billion Venture Capital in 2024, Driven by AI and Tech Innovation

California has attracted over $335 billion in venture capital funding this year, outpacing other states by a wide margin due to its deep talent pool and strong tech infrastructure, particularly in artificial intelligence. Despite high costs and regulatory challenges, the state's economy grew 5% to $4.25 trillion, making it one of the largest economies globally.

Saronic Technologies Raises $9 Billion Valuation to Build AI-Enabled Drone Boats for U.S. Navy Amid $500M Contracts

Saronic Technologies, a $9 billion Texas startup founded by former SEAL Dino Mavrookas, is building autonomous drone boats for the U.S. Navy with $500 million in government contracts and major investments. The company aims to revolutionize shipbuilding with AI-enabled vessels and shipyards, addressing the U.S. naval industrial gap amid growing geopolitical tensions.

Mirendil Raises $200M Seed at $1.2B Valuation to Pursue Foundational AI Research Led by Ex-OpenAI and DeepMind Scientists

Mirendil, an AI research lab founded by former OpenAI and DeepMind scientists, raised $200 million in seed funding at a $1.2 billion valuation to focus on foundational AI research rather than commercial products. The funding will support specialized computing facilities and talent recruitment to pursue long-term scientific exploration in intelligence.

San Francisco Tech Workers with $180,000 Salaries Struggle to Afford Housing Amid Rising Costs in 2026

Tech workers in San Francisco, including those earning six-figure salaries like $180,000, are finding housing costs and general living expenses prohibitively high, leading some to consider relocating to more affordable cities like Seattle. Despite multiple attempts, the high demand and prices for housing make it difficult for even well-paid professionals to sustain a comfortable life in the city.

Startups Starcloud and Cowboy Space Raise Over $445 Million to Develop Space-Based AI Data Centers Amid Launch Cost Challenges

Startups Starcloud and Cowboy Space are advancing space-based AI data centers with significant funding and hardware deployments, yet economic viability hinges on launch costs. Starcloud has already demonstrated AI in orbit and raised $170 million, while Cowboy Space plans to integrate rocket and data center technology with $275 million raised.

Theodore Gillibrand Raises $30 Million for $300 Million-Valued Startup Offering U.S. Equity Perpetual Futures

Theodore Gillibrand, son of Senator Kirsten Gillibrand, raised $30 million for his financial startup American Perpetuals Exchange Corporation (APEC), valued at $300 million, which plans to offer perpetual futures on U.S. equities. This funding round led by Lux Capital comes as Sen. Gillibrand remains a prominent advocate for cryptocurrency regulation in Washington.

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