Andreessen Horowitz launches $400M seed fund to aid its tech expansion
Andreessen Horowitz, popularly known as a16z, is launching a new $400 million seed fund, according to a statement released on Friday. The company stated, “Seed investments have traditionally been at the heart of venture , the actual financial bet towards a team, an idea, and nothing else.” After writing some of the first checks into […]
Bitcoin: Sydney-based mining firm to raise $200M ahead of Nasdaq IPO
According to reports, an Australian Bitcoin miner is raising funds in preparation for the United States’ tech-focused exchange. It has been claimed that Iris Energy, a Sydney-based Bitcoin (BTC) mining company that invests in data centres powered by renewable energy sources, seeks to raise more money ahead of its anticipated Nasdaq IPO. According to Bloomberg, […]