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AppWorks has successfully closed its fourth Asia-focused startup fund at $165 million.

BlockBeats News, January 7th, AppWorks has completed the fourth close of its Asia-focused startup fund, raising $165 million. The new capital will be used to invest in entrepreneurs in Asia focusing on artificial intelligence, Web3, and the broader digital economy.

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The key to a16z raising $15 billion lies in its transformation from just a venture capital firm to a "super aggregator" that connects capital, founders, talent, and market.
The total number of financings last week was 26, which was less than before, with a total amount of approximately US$157.7 million and an average financing amount of US$6.0654 million.
The total number of financing last week was 26, with a total amount of about US$186.46 million and an average financing amount of US$7.1715 million
The total number of financings last week was 28 for a total of about $257.9 million, with an average funding amount of $9,210,700.
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