Andreessen Horowitz Rebrands $2.2B 'a16z Crypto' Fund as 'a16z Frontier,' Adds AI and Robotics

Andreessen Horowitz renamed its $2.2B blockchain-focused fund 'a16z Crypto' to 'a16z Frontier' on October 22, broadening its scope to back AI, robotics and other emerging technologies while keeping its crypto investments. Managing partner Chris Dixon said the line between crypto companies and other businesses has blurred; the firm has raised $9.8B across five funds since its 2018 debut.