a16z will invest a total of $30 million in multiple gaming startups, including Web3 Games

BlockBeats news, on April 2, venture capital firm Andreessen Horowitz (a16z) announced on Monday that it plans to invest $30 million in multiple gaming startups. a16z General Partner Andrew Chen said that $30 million will be invested over the next 45 days through the a16z Speedrun program, and each startup that joins the Speedrun program will receive $750,000. The application deadline for Speedrun is May 19th. The company's gaming fund, launching in 2022, invests in the development of various gaming-related technologies, including Web3. Additionally, a16z has made several investments in blockchain gaming companies through its crypto arm, including Mythical Games and Voldex, among others.