The UK Web 3 venture capital space seems promising as a16z leads a $43 million round while crypto investments globally fall from $1.8 billion in June 2022 to around $520 million in June 2023. Andreessen Horowitz’s a16z crypto led a UK blockchain-related artificial intelligence startup’s $43 million round in an otherwise bleak funding year for crypto. A16z Bets on UK Web 3 and AI Potential At around $216 million, infrastructure investments accounted for crypto’s largest slice of VC money, followed by decentralized finance and gaming. Coinbase Ventures and Hong Kong’s HashKey Capital were the most active investors in the space.Go to Source
Author: coinmaker