a16z General Partner Andrew Chen has announced on X that he would be investing up to $30 million in the Andreessen Horowitz SPEEDRUN program through the a16z Games Fund One.
a16z Games Fund To Inject $750K Each Into Qualifying Startups
Per a statement from a16z, the SPEEDRUN program is an “early-stage accelerator for startups at the intersection” of tech and games.
The $30 million fund is going to startups focused on gaming-related technologies. Each startup would get as much as $750,000 after they have joined the SPEEDRUN program.
“We’ll invest, work with you, expose you to the world’s top investors/mentors, etc.,” Chen added.
The deadline for those who intend to join the program is May 19, 2024. Those who get selected will likely be notified on or before the end of June. Thereafter, a 12-week program will commence during which the final winners of the fund will be selected.
“Our intensive 12-week program is highly selective, with ~ 1% of applicants accepted in our l
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