The metaverse and NFT gaming sectors have shown signs of flourishment in recent years, and Andreessen Horowitz (a16z) is doubling down on its commitment. Venture capital firm Andreessen Horowitz (a16z) has launched a $600 million fund dedicated to gaming startups with a focus on Web3, saying it believes “Games infrastructure and technologies would be key.” This brings a16zs metaverse games funding to an estimated 3 billion USD when factoring in previous investments.

Andreessen Horowitz (A16z) is launching a new fund that will exclusively invest in the gaming and metaverse industries. Stating in its announcement that “the coming Metaverse will be built by game companies,” the Silicon Valley investment giant is putting up $600 million to steer the development.

La empresa de capital de riesgo Andreessen Horowitz (a16z) ha lanzado un fondo de USD 600 millones dedicado a las startups de juegos con un enfoque en la Web3. a16z expects gaming to play a key role in the future of the internet and the metaverse. This strategic investment underscores their belief in the transformative potential of Web3 gaming.

The new $600 million fund is comprised of a pool of dedicated cash and capital. The GAMES FUND ONE will invest in three key areas: game studios, game and consumer applications like Discord, and gaming infrastructure. In a bid to accelerate research and development in this consumer-centric space, a16z sees massive opportunities in early-stage metaverse game development.