
Venture capital firm a16z has announced a significant investment initiative aimed at bolstering the gaming industry, particularly startups working in AI, VR, AR, and Web3 games. Through its SPEEDRUN accelerator program, a16z plans to invest $30 million, allocating $750K to each of the 40 selected startups. This initiative marks the third edition of the SPEEDRUN accelerator, highlighting a16z's commitment to supporting emerging technologies and gaming ventures. Additionally, the program has garnered support from notable figures in the gaming world, including streamer CohhCarnage, who will partner with a16z for the upcoming SPEEDRUN class, a 10-week program starting in August. CohhCarnage will be involved in the selection process for startups at the intersection of Tech and Gaming, further emphasizing the program's focus on fostering innovation within this dynamic industry.
AI startups in the U.S. claimed one of every three dollars invested last year. That got us wondering: What’s the state of startup funding in 2024? Read our most recent blog on funding your AI startup⬇ https://t.co/QKB1Mj0Qsc #AI #startups #venturecapital
Excited to partner with streamers and influencers from the gaming world - like the great @CohhCarnage - for our a16z SPEEDRUN program for startups at the intersection of Tech and Gaming. He’ll be part of the program and selection process for relevant startups - we’re investing… https://t.co/MfwaPwIWTI
Today I'm excited to partner with @A16ZGAMES for their next @Speedrun class! 🥳 I'm looking for gaming studios, dev projects, and companies building for creators! Selected companies will receive $750,000 in investment and will join a 10-week program starting in August. I’ll be… https://t.co/PjdUMIc1fi
