• Loading stock data...
Wednesday, October 15, 2025

Andreessen Horowitz’s Gaming-Focused Fund

  • VC firm Andreessen Horowitz is raising a new venture fund.
  • The fund is exclusively for gaming startups.
JD Lasica/Design: Alex Brooks

Andreessen Horowitz is reportedly raising a new venture fund exclusively for gaming startups, according to Business Insider.

The new fund marks the sixth for Andreessen Horowitz in the last 18 months and allows the firm to broaden its reach in a global video game industry valued at more than $300 billion.

Video games are familiar territory for the firm: It led a $150 million funding round in February 2020 for online game creation platform Roblox, valuing the company at $4 billion. 

Andreessen Horowitz has made a series of sports- and video game-related investments in recent months. 

  • It was included in a $20 million Series A round in July for Virtually Human Studio, the developer behind blockchain-based digital horse racing game “Zed Run.” 
  • The same month, it led a $100 million Series B round for Open Sea, an auction platform for NFTs. 
  • Earlier this month, the firm led a $40 million round for fantasy sports startup Sleeper, valuing the company at $400 million
  • The same week, it led a $300 million Series E round for SpotOn, the parent company of Appetize, a payment platform that covers 65% of all major U.S. league sports stadiums. 

Andreessen established a $2.2 billion crypto fund in June for blockchain-based startups, its largest to date. The firm currently has $19.2 billion in assets under management.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NHL Raises Concerns Over 2026 Olympic Arena’s Delayed Construction

The commissioner says construction progress in Italy remains a deep concern.
Oct 14, 2025; Birmingham, AL, USA; Arkansas Razorbacks head coach John Calipari talks with the media during SEC Media Days at Grand Bohemian Hotel.

SEC Coaches Sound Off on NIL, Revenue-Sharing: ‘Upside Down’

John Calipari doesn’t want to become “transactional.”
Jun 15, 2025; Montreal, Quebec, Canada; Mercedes driver George Russell (63) and Mercedes driver Kimi Antonelli (12) celebrate their first and third place at the F1 Canadian Grand Prix at Circuit Gilles-Villeneuve.

Mercedes F1 Team Rides With Russell, Antonelli Despite Verstappen Link

Russell took the Formula One seat at Mercedes in 2021.

Featured Today

Las Vegas Aces center A'ja Wilson (22) celebrates with her teammates after her last second shot to take the lead 90-88 against the Phoenix Mercury in Game 3 of the WNBA Finals at Mortgage Matchup Center in Phoenix on Oct. 8, 2025.
exclusive

Standoff Over WNBA’s Future Has Dominated Finals

CBA negotiations have stolen the spotlight from the Aces’ dominant performance.
Paul Cartier
October 5, 2025

Sports Organists Are Still Thriving in the Era of Raucous Arena Music

“When they walk out and they see a real organ guy, it’s like, ‘Wow.’”
Sep 27, 2025; Milwaukee, Wisconsin, USA; Milwaukee Brewers center fielder Jackson Chourio (11) rounds the bases after hitting a home run during the sixth inning against the Cincinnati Reds at American Family Field.
October 4, 2025

Milwaukee Moneyball: Brewers Are Beating MLB’s Deeper Pockets

Milwaukee is holding its own against big-budget competitors.
Kōloa Rum Company Rum Rusher
September 27, 2025

Panthers Bubbly, Jets Wine, Manning Whiskey: The Sports Booze Boom

A sommelier dives into the sports booze trend—and tries Jets wine.

Thunder Favored, but Bettors Backing Pacers Big in NBA Finals

The most bet-on exact series outcome is the Thunder winning in five.
Fanduel
March 4, 2025

FanDuel Retains Sports Betting Crown With $14B in 2024 Revenue

The FanDuel parent company posts big increases in revenue and net income.
May 8, 2025

FanDuel Misses Projections As Betting Favorites Dominate 

FanDuel is hit by customer-friendly betting outcomes during March Madness.
Sponsored

How Jenny Just Is Shaping the Future of Sports Ownership

Jenny Just on bringing her investment experience to sports ownership.
February 20, 2025

Americans Bet $148 Billion on Sports in 2024, Up 23.6%

Both overall handle and revenue rose by more than 20% last year.
DraftKings app
February 14, 2025

Lawsuit Says DraftKings VIP Program ‘Preyed On’ Gambling Addicts

The company’s being sued for negligence and intentional infliction of emotional distress.
August 20, 2024

Beloved ‘Backyard Sports’ Brand Says It Will Relaunch After Decade Hiatus

“Backyard Baseball” was a turn-of-the-century computer hit. 
DraftKings
August 2, 2024

DraftKings Announces Consumer Tax Starting Next Year

The company’s stock fell 5% Friday morning.