Andreessen Horowitz is reportedly raising a new gaming fund, adding it to a series of specialized funds the Silicon Valley venture firm has raised in the past few years.
According to Insider, the firm is still hunting for a general partner to lead the fund. It already has gaming specialists on its consumer team, including Jonathan Lai who previously led gaming investments at Tencent and had been a product manager at Riot Games. Investing in games wouldn't be new territory for a16z. The firm made big investments in companies like Roblox, and recently led a $4.6 million round in Philippines-based blockchain gaming startup Yield Guild Games.