Insider:
Source: a16z’s Future is shutting down; Future hasn’t published a new article in months, most of its editorial staffers have left, and its newsletter is defunct — Future was the next big thing in media. — Launched in June of 2021, it was billed as a buzzy new tech publication …
Vishal Chawla / The Block:
Decentralized crypto exchange Serum, backed heavily by FTX, says it is “defunct” and points users to a community-led fork — – Solana-based exchange protocol Serum stated on Twitter it was now “defunct.” — It pointed that it was now replaced by a community fork called OpenBook.
Jacquelyn Melinek / TechCrunch:
Aztec Network, which is developing an “encrypted version of Ethereum”, raised a $100M Series B led by a16z and plans a testnet within 12 months — Aztec Network, a privacy layer for web3, has raised $100 million in a Series B round led by Andreessen Horowitz (a16z) …
Ingrid Lunden / TechCrunch:
London-based Sequence, which offers APIs and other tools for pricing, billing, and related services, raised a $19M seed led by a16z — When it comes to fintech, consumers have commanded the most attention in the last decade, with banking, credit, investing and other legacy services getting the disruption treatment.
Kirsten Korosec / TechCrunch:
Sources: autonomous vehicle startup Argo AI, which raised billions in VC funding, is shutting down; top backers Ford and VW will absorb its parts and some staff — Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $1 billion investment, is shutting down …
Catarina Moura / The Block:
Golden, which is building a Web3 data protocol that is expected to fully launch in Q2 2023, raised a $40M Series B led by a16z, bringing total funding to $60M — – Golden has raised $40 million in a series led by a16z crypto. — The Series B round included high-profile investors …
Gillian Tan / Bloomberg:
The Coterie, which lets founders access funds from Coatue, a16z, and others to sidestep illiquid stock, raised a $40M Series A led by a16z at a $100M+ valuation — Andreessen Horowitz led a $40 million funding round for The Coterie, valuing the financial technology platform at more than $100 million.
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