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Andreessen Horowitz is an American venture capital firm, also known as a16z, that invests in technology companies across seed, venture, growth, crypto, bio, infrastructure, and AI-related markets.
Voice AI startup ElevenLabs raised $500 million in a new funding round led by Sequoia Capital, tripling its valuation to $11 billion and signaling expansion beyond voice.
Andreessen Horowitz (a16z) raised over $15 billion across five new funds, including $1.7 billion for AI infrastructure and $6.75 billion for scaling startups, amid surging investor interest in tech.
Luma unveiled Ray3 Modify, an AI video model that edits existing footage using character references and frame guidance while preserving motion and performance.
First Voyage raised $2.5 million to expand Momo Self Care, an AI companion app that helps users build habits through a digital pet interface.
Berlin-based startup Mirelo raised $41 million to develop AI models that generate synchronized sound effects for AI-created video content.
Black Forest Labs has secured $300 million in Series B funding at a $3.25 billion valuation, supporting development of its foundation AI models for image generation and editing.